Rising inventory is driving up home prices and transaction activity in the Washington D.C. metro area.
Tagged: Home Prices
Redfin report indicates monthly payment at all-time high of $2,894
California is home to 8 of the 10 most expensive markets in the U.S.
Meanwhile, Texas and Florida see slower home price appreciation due to inventory gains, CoreLogic reports.
Rising home prices and mortgage rates pushed monthly payments up 15% last month, year over year.
The latest CoreLogic S&P Case-Schiller Index shows home prices remain resilient amid higher borrowing costs.
ATTOM reported decrease of 55.3% in the first quarter – the smallest level in more than two years.
Redfin Home Price Index shows 0.6% growth month-over-month
Buyers living in the lap of luxury don't stress about mortgage rates, Redfin reports.
Nearly 8% of U.S. homes sold in 2023 exceeded the capital gains tax limit of $500,000.