Big-City Prices Hit Small Towns, Squeezing Out Homebuyers

From the cobblestone streets of Nantucket, MA, to the mountain peaks of Jackson, WY, some of the country’s most scenic small towns are now carrying price tags that rival major cities. Once thought of as quiet getaways or second-home destinations, these communities have become some of the most compet

Real Estate’s Richest Moguls Revealed—and Beloit Billionaire Diane Hendricks Soars to Top of the List, Eclipsing President Donald Trump

A list of America's wealthiest people has shone a bright spotlight on the real estate industry's richest men and women—revealing a small group of savvy property moguls who have achieved billionaire status. The annual Forbes 400 List is described as a "definitive ranking of the top 400 richest people

Homeownership among Black Americans drops to 4-year low

The homeownership rate among Black Americans fell to 43.9% in the second quarter of 2024, the lowest level since late 2021, according to Redfin. That was down from 45.3% a year earlier and marked the steepest annual decline since the third quarter of 2021. By comparison, the Hispanic homeownership r

Fannie Mae: Consumer housing sentiment slips in August

Americans grew slightly less confident about the housing market in August, as more consumers expressed concerns about job stability, selling conditions and future home prices, according to Fannie Mae’s monthly National Housing Survey. The agency’s Home Purchase Sentiment Index (HPSI) fell 0.4 points