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merica's Top 10 Real Estate News: A Look at Recent Trends and Sales
A replica of the White House in Hillsborough, California sold for $23 million just before the presidential election. The 11-bedroom, 24,400-square-foot home was transformed into a White House lookalike by a member of the wealthy Hearst family in the 1930s.
WalletHub ranked Carmel, Indiana as America's best small town based on factors like cost-of-living, schools, and safety. Other top-ranked towns near Indianapolis include Fishers and Westfield.
A survey found that about one-third of American homeowners displayed a political sign in their yards this year, with more Democrats than Republicans participating.
Hurricanes have a temporary impact on real estate sales in Florida, but the market rebounds within a couple of months. US home prices are mixed, holding steady in some areas and increasing or decreasing in others.
The median US home sale price is up 3.9% to $427,989, with increases seen in cities like Birmingham, Alabama; Tampa, Florida; and Richmond, Virginia.
A mid-century-modern home in Los Angeles designed by Eric Lloyd Wright, grandson of Frank Lloyd Wright, sold for $2.66 million. The Ross House features architectural details reminiscent of its famous designer.
New Jersey has the highest property tax bills in the US, with an average annual bill of $9,507, while West Virginia has the lowest at $989 per year.
The Aston Martin Residences in Miami are complete after nearly a decade of development, featuring 391 condominiums and views of the Miami River and Biscayne Bay.
Over 480,000 New Yorkers left the state in 2023, with many moving to Florida. Columbus, Ohio is America's most popular city for home buyers according to Realtor.com, due to its low cost of living and diverse economy.
