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US Home Sales Plunge To Lowest Level Since 1995: Here's Why US Home Sales Plunge To Lowest Level Since 1995: Here's Why
US Home Sales Plunge To Lowest Level Since 1995: Here's Why Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market. Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995. The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023. "The median home price was elevated partly due to the upper-end market's relative …

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by Chris Spiker
Real Estate
Million-Dollar Views: Peek Inside Long Island's Most Expensive Homes That Sold In 2024 Million-Dollar Views: Peek Inside Long Island's Most Expensive Homes That Sold In 2024
Million-Dollar Views: Peek Inside Long Island's Most Expensive Homes That Sold In 2024 From waterfront estates with sprawling acreage to architectural masterpieces, Long Island saw some jaw-dropping real estate deals close in 2024. Here's a look at some of the most expensive homes that changed hands this year in Nassau and Suffolk counties. Sothebys Internaitonal Realty 155 Seascape Lane in Sagaponack – Sold for $24.9M in June 2024 6 bedrooms, 8.5 bathrooms with undisclosed square footage on 1.09 acres overlooking Sagaponack Pond. From the Redfin listing: “Masterfully crafted by Faruk Yorgancioglu and thoughtfully designed to blend into its natural surroundings, th…

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by Michael Mashburn