Trending News: July 31st, 2024

Several US cities where starter homes cost $1M spiked since 2019. A second wave of commission lawsuit notices hit mailboxes. Finally, Home price index drops in June as inventory skyrockets.

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Number of US cities where starter homes cost $1M spiked since 2019
California is home to nearly half of all cities where it costs at least $1M to buy a starter home. Nationwide, 237 cities are now ‘million-dollar’ cities, according to a new report from Zillow.
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‘More greetings from Missouri!’ The second wave of commission lawsuit notices hit mailboxes
The notices inform class members of the settlements reached by several major U.S. brokerage firms.
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Home price index drops in June as inventory skyrockets
Prices declined in five major U.S. markets, led by Denver and Tampa.
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