Remove 2024 Remove Luxury Properties Remove Mortgage Remove New Listings
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Prices for luxury homes soared in the first quarter 

Housing Wire

Luxury home prices in the U.S. year over year in the first quarter of 2024, with the median price hitting a record $1.225 million, according to data from Redfin. In comparison, prices for non-luxury homes rose by 4.6% High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market.

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TRACKING THE SINGLE HOUSEHOLD AND OTHER LIFESTYLE CHOICES

Will Springer Realtor

Builders are partnering with mortgage lenders to deliver lower interest rates, either through temporary or permanent rate-busting promotions. Note: Average prices include all home sales – including ultra-luxury properties – and do not portray the housing market as accurately as median prices.) It’s a 3-bedroom, 1.75-bathroom