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Homeowners are trimming prices to revive buyer interest, which has dropped off amid record price highs and elevated mortgage rates. The median home price fell 1.3% year-over-year, hitting $429,990.
Under state law, property owners who suffer at least $10,000 in damage to their home's current market value can apply for a reassessment. They have to file an application with their county ...
Approximately 14 of the 50 largest markets are already showing signs of a sharp cooldown, the report found, with home prices falling by an average 6% or more from their 2022 peaks on a seasonally ...
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Numerous trees were snapped and uprooted, including one that severely damaged a home. Several houses lost portions of their roofs or sustained damage from falling trees. A business along SR-36 suffered roof damage and the tornado’s path overlapped with an area still recovering from a previous tornado in 2023. The tornado weakened as it moved ...
Median sales price: $361,817 (Zillow, October 2024) Median list price: $390,000 (Zillow, November 2024) 4. Phoenix-Mesa-Scottsdale, Arizona
Landslides and fallen trees due to the heavy rain and high wind gusts destroyed and damaged many homes and closed roads throughout California. Bel-Air had a peak 24-hour rainfall of 12.42 inches (315 mm) which equates to a 380-year return interval (0.3%).Los Angeles had been incorporating elements of a stormwater harvesting design to retain the ...
In unincorporated Santa Barbara County, after more than 60 inspections at properties that sustained damage from mudslides and downed trees, four homes were red-tagged and 32 were yellow-tagged as ...