The next generation of homebuyers is ‘overloaded’ and confused

A new report from FirstHome IQ found that while younger generations express confidence in managing their finances, most still lack core financial literacy skills. The 2025 NextGen Financial Literacy Report, released on Monday, is based on a survey done in partnership between FirstHome IQ and National MI. It includes 500 people between the ages 18 and 44, and it found that major gaps in knowledge exist...

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 to a reading of 71.4 — with four of its six components declining. More positive outlooks for...

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. !function(){"use strict";window.addEventListener("message",function(a){if(void 0!==a.data){var e=document.querySelectorAll("iframe");for(var t...

Rare new build in historic Santa Monica lists for $24.998M

Finding brand-new construction on one of Santa Monica’s historic streets is no easy feat. But a newly completed estate on La Mesa Drive has arrived on the market for $24.998 million, offering a rare combination of modern architecture, sustainable design, and a coveted address. Developed by Maison by PGB, the home was carefully designed to respect the neighborhood’s history while looking firmly...

Miami villa has a gold-domed staircase, Lego-inspired kids room — and a $16.75M price tag

Designed by acclaimed architect Giorgio Balli, this Italian villa isn’t shy about making an entrance — or an impression. With bold emerald tones, a sweeping gold-domed staircase, and a kids’ room straight from the imagination of a Lego mastermind, the home is a blend of architectural gravitas and playful luxury. The estate spans more than 9,000 square feet and sits behind gates for maximum...

Las Vegas Home Prices Flatten as Listings Surge, Sales Slow

Las Vegas home prices held steady in August 2025 while listings swelled and sales cooled, signaling a more balanced market after years of volatility, according to a report Monday from Las Vegas Realtors. The median price of an existing single-family home sold through the group's Multiple Listing Service was $480,000 last month, up less than 1% from a year earlier and below the $485,000 peak reached...

Longbridge’s ‘HELOC for Seniors’ is officially on the market

Longbridge Financial has officially launched a home equity line of credit (HELOC) program that’s designed for homeowners ages 62 and older, offering approval and funding in as little as five business days.  The move marks an expansion beyond the company’s core reverse mortgage business while staying focused on older borrowers. This demographic collectively holds nearly $14 trillion in home...

Los Angeles ‘mansion tax’ fuels record affordable housing funding

Los Angeles will make $387 million available for affordable housing projects — reportedly the largest single funding round in the city housing department history. Applications for the funds opened Sept. 5 and close Oct. 20. Eligible applicants include nonprofit and for-profit developers, community land trusts, limited equity housing cooperatives, public entities and other organizations, the Los...

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