The Real Estate Wire | NEWS

Existing home sales in the U.S. increased by 3.4% in October 2024, reaching a seasonally adjusted rate of 3.96 million units. This improvement followed over three years of declining sales and suggests a potential recovery in the housing market.

The January 2025 wildfires in Altadena, California, left many residents, including seniors, in despair as they faced immense losses, underscoring the urgent need for climate resilience and support for vulnerable populations during disasters.

With winter's lower competition, motivated sellers, and historically lower prices, now is an ideal time for buyers to strike a deal—avoiding the spring rush and potential price hikes.

New home sales in December 2025 surpassed forecasts, revealing resilience in the U.S. housing market, driven by stabilizing mortgage rates, moderating prices, and improved inventory levels, especially in the South and Midwest.

Realtor.com's 2025 housing forecast reveals top markets like Phoenix, Miami, and Colorado Springs expect substantial price growth, driven by stabilizing mortgage rates and increased home construction efforts.

The recent wildfires in Los Angeles have devastated over 10,000 homes, deepening the housing crisis. Real estate professionals are spearheading relief efforts, providing emergency housing and coordinating community support for affected families.