More than half of all homes for sale in five large American cities are listed at $1 million or more, according to a new analysis. A report from Point2, an online real-estate marketplace, finds that 64 percent of Los Angeles properties are listed above $1 million. Seven-figure listings are the norm in four other large cities: San Francisco (62 percent), San Jose (61 percent), San Diego (59 percent) and Boston (53 percent). All of those million-dollar listings invite a question: In an era of sharply higher mortgage rates, will they sell? Million-dollar homes became standard in many affluent markets between 2020 and 2022, a span that saw median sale prices rise more than 40 perc
Hence then, the article about million dollar home listings are the norm in these cities was published today ( ) and is available onThe Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Million-dollar home listings are the norm in these cities )