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Real Estate
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
Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics
Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics Homebuyers are increasingly considering political leanings when choosing neighborhoods, according to a brand-new report.  Real estate agents note that clients prioritize communities aligning with their political views, seeking compatibility beyond traditional factors like schools and safety, the Axios story says. This trend may lead to more politically homogeneous neighborhoods, potentially impacting local governance and community interactions. Additionally, new real estate platforms, such as Oyssey, provide insights into neighborhood political affiliations, further enabling buyers to…

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by Joe Lombardi
Real Estate
Legendary PA Home Once Owned by Muhammad Ali, Kobe Bryant's Grandparents Hits Market Legendary PA Home Once Owned by Muhammad Ali, Kobe Bryant's Grandparents Hits Market
Legendary PA Home Once Owned by Muhammad Ali, Kobe Bryant's Grandparents Hits Market A Philadelphia home steeped in sports history has hit the market, offering potential buyers a unique opportunity to own a property once connected to two legendary athletes. Located at 1835 N. 72nd Street in the Overbrook Park neighborhood, this residence was home to boxing icon Muhammad Ali in the early 1970s and later to the grandparents of NBA superstar Kobe Bryant. In 1970, Muhammad Ali purchased the three-bedroom, two-and-a-half-bathroom house as a personal retreat and training base. During his time there, Ali prepared for significant bouts, including the famed "Fight of the Century" aga…

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by Jillian Pikora