US home flipping profits hit lowest level since 2008

The share of U.S. homes flipped by investors fell in the second quarter of 2025 while profit margins dropped to levels not seen in more than 15 years, according to new data from ATTOM. Flippers resold 78,621 single-family homes and condominiums between April and June, or 7.4% of all sales.That was down from 8.3% in the first quarter and slightly lower than the 7.5% share in the second quarter of...

New York and DC homeowners set for biggest savings from SALT cap hike

Homeowners in New York and Washington, D.C., stand to gain the most from the recently expanded federal cap on state and local tax (SALT) deductions — with typical households in these locations saving more than $7,000 a year, according to a Redfin report released Thursday. The change — part of President Donald Trump’s One Big Beautiful Bill Act — raised the deduction limit from $10,000 to...

Zillow faces class-action suit over Premier Agent, Flex commissions

Zillow is facing yet another lawsuit. Filed on Friday in U.S. District Court in Seattle, the lawsuit alleges that the portal tricks consumers into using agents affiliated with Zillow through its Flex and Premier Agent programs, resulting in inflated home purchase prices.  The suit was filed by Alucard Taylor, who purchased a home in Portland, Oregon, in 2022 using a Zillow-affiliated agent. According...

Historic $2.75M Pasadena house has a stream running through it

Pasadena isn’t short on architectural gems, but every so often a home hits the market that feels like a true time capsule. That’s the case with the Norton House, a Buff, Straub & Hensman–designed residence now listed for $2,750,000. Built in 1954 and tucked into a leafy corner of southwest Pasadena, the home is one of those rare properties where architecture and nature collide in the most...

Timeless 1920s estate in La Jolla proves homes were simply built better 100 years ago

La Jolla has no shortage of beautiful homes with ocean views, but every once in a while a property surfaces that carries true historical weight. One of those homes is Casa De La Vista, a 1920s estate perched above La Jolla Cove that is believed to be among the earliest Spanish Mission style residences in the area. On the market for $13.75 million, the home deliver on both the views front (it’s...

Why the World’s Rich Are Flocking to Europe in 2025

Europe Emerges as Top Destination in Global Wealth Migration Europe is cementing its status as the preferred destination for global high-net-worth individuals as shifting tax regimes, geopolitical tensions and changing visa programs accelerate wealth migration, according to Knight Frank's latest European Lifestyle Report. The survey of wealthy households across multiple regions shows that political...

$67K to sell a home? Consumers drastically underestimate the costs

Home sellers expect to spend about $18,500 on expenses, but the actual cost is more than $67,000, according to a new report from Clever Offers, a platform owned by Clever Real Estate. The report found that on average, recent sellers spent: $21,024 on pre- and post-listing repairs and improvements $14,204 on seller’s agent commission $13,691 on buyer’s agent commission $8,217 on closing...

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