A new map highlights which U.S. college towns have the highest home prices, revealing that cities with prominent universities often come with costly real estate markets. According to the report, Palo Alto, California—home to Stanford University—boasts a median home price of $3.1 million, topping the list of most expensive college towns. Other pricey locations include…
Raffling off a house may seem like a creative solution for selling real estate, especially in a challenging market, but it’s far more complicated — and often illegal — than it appears. In many states, including California, raffling a home without complying with strict gambling and charitable solicitation laws can result in hefty fines or…
U.S. retail sales rose by 0.6% in August compared to July, signaling that consumers continue to spend despite economic headwinds, such as higher prices resulting from tariffs. The increase was larger than economists had forecast, with growth seen across categories including autos, electronics, and health stores, even as some sectors experienced price hikes and hiring…
A boomer couple in their early 60s decided to break away from traditional retirement plans by selling their home in Arizona, choosing instead to rent and travel full time. Relying solely on Social Security and a modest nest egg, they found that letting go of homeownership gave them the flexibility to explore new places and…
Home sales data released for the Prescott area, as reported by the Prescott Area Association of Realtors (PAAR), shows a continued cooling trend in the August 2023 market. Buyers and sellers faced a slower market, with total units sold decreasing 15% compared to last August. Median home prices also saw a slight drop, down 4%…
A luxurious mansion in the prestigious Biltmore Estates neighborhood of Phoenix has gone up for sale, listed at a staggering $20 million. The 18,000-square-foot home features six bedrooms, 12 bathrooms, a private movie theater, a wine cellar, a resort-style pool, and sweeping views of Camelback Mountain. With design touches like imported marble and custom woodwork,…
Former President Donald Trump is reportedly considering declaring a national housing emergency if he wins a second term, responding to soaring home prices and a tight housing market that has put homeownership out of reach for many Americans. During a recent roundtable event in Florida, Trump emphasized the growing affordability crisis, noting the strain that…
Arizona’s real estate market stabilizes with rising prices, limited inventory, and steady sales, offering cautious opportunities for investors in 2024.
A luxurious estate in Phoenix’s prestigious Biltmore Estates neighborhood recently sold for an impressive $8.2 million, making it one of the largest residential transactions in the area this year. The 11,400-square-foot mansion sits on nearly two acres and boasts six bedrooms, eight bathrooms, an expansive pool, a tennis court, and stunning Camelback Mountain views. Built…
Arizona’s 2024 housing market shows moderate price growth, rising yet tight inventory, steady sales, and evolving investor opportunities amid high rates.