Home sellers made an average of $122,500 profit on typical sales nationwide in 2024, equalling a 53.8% return on investment (ROI). That’s according to ATTOM‘s Year-End 2024 U.S. Home Sales Report, released today. But even as both seller profits and ROI remained near record levels and home prices continued to rise around the country, the…
"January 23, 2025" Archives
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It’s a visual that seems to defy the laws of physics. Four wind turbines blow fire at two seemingly identical structures. One of the structures quickly starts to burn. A few minutes later, it’s nothing but a shell. But the other one doesn’t catch fire and comes out almost entirely unscathed. This comes from a…
Housing professionals have been waiting for a change of administration to see how mortgage rates will respond, but in the first week of President Donald Trump’s return to the White House, things have been quiet when it comes to the long-term costs of a home loan. HousingWire’s Mortgage Rates Center showed that 30-year conforming rates…
Los Angeles continues to battle waves of wildfires for the third week in a row. The Hughes Fire, which broke out late Wednesday morning, scorched nearly 16 square miles in one day. Southern California is now entering its fourth consecutive day of red flag fire warnings, the LA Times reported. The Hughes Fire erupted near…