Price Gains Inside Opportunity Zones Targeted for Economic Redevelopment Settle Down Along with Broader U.S. Housing Market During Slow Winter Period IRVINE, Cal. – May 22, 2025 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its first-quarter 2025 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017 (see full methodology below). In this report, ATTOM looked at 3,558 zones around the United States with sufficient data to analyze, meaning they had at least five home sales in the first quarter of 2025. The report found that median single-family home and condo prices increased from the fourth quarter of 2024 to the first quarter of 2025 in 48 percent of Opportunity Zones around the country with enough data to measure. That happened as the national median price remained the same. Medians were up annually …

U.S. home prices in April nudged down 0.1%, the first month-over-month decline since September 2022. Home prices rose 4.1% year over year—the smallest increase since July 2023. Half of the 50 most populous U.S. metros recorded a drop in home prices month over month, led by Charlotte (-1%). U.S. home prices ticked down 0.1% in April on a seasonally adjusted basis, the first month-over-month decline since September 2022. Home prices were up 4.1% on a year-over-year basis, down from 4.9% growth in March. That’s the lowest annual price growth since July 2023. This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing method to calculate seasonally adjusted changes in prices of single-family homes. The RHPI measures sale prices of homes that sold during a given period, and how those prices have changed since the last time those same homes sold. It’s similar to the S&P …

Most of April’s most expensive home sales were in beachfront Florida, with a pair of Beverly Hills estates and two luxury Manhattan condos rounding out the top 10. A trio of neighboring properties in Naples, FL, made up three of April’s most expensive home sales, including the most expensive: a beachfront estate that went for $133 million.  All in all, six of last month’s most expensive home sales were in coastal Florida, and two were in Beverly Hills, CA. A pair of luxury Manhattan condos, both on Billionaires’ Row, round out the top 10.  Half of April’s highest-priced home sales clocked in at more than $50 million, and all fetched $40 million or more. Waterfront Florida is typically home to the lion’s share of ultra-expensive home sales despite increasing risk of climate-driven disasters, such as hurricanes. The ultra-wealthy buyers of these homes typically have enough money in the bank to …

New listings are still rising, allowing some buyers to get deals. Pending U.S. home sales fell 3.4% year over year during the four weeks ending May 11 to their lowest level on record for this time of year aside from 2020. Would-be homebuyers are backing off for two main reasons. One, rising home-sale prices and elevated mortgage rates pushed this week’s median monthly housing payment to $2,860, just $6 shy of the record high set the week before. Two, Redfin agents in many parts of the country, including Oregon, North Carolina, Texas and Ohio, report that some buyers are backing off because they’re nervous about the future of the U.S. economy. There’s also a holiday effect; Easter fell into this year’s four-week period, but not the comparable period in 2024.  “There’s a lot of doubt and hesitation among house hunters,” said Meme Loggins, a Redfin Premier agent in Portland, OR. …

Taylor recognized among the marketers who drive success and impact across the real estate industry IRVINE, Calif. – May 13, 2025 – ATTOM, a leading curator of land, property data, and real estate analytics, is pleased to announce that for a third year in a row, Kara Taylor, CMO for ATTOM, has been named a recipient of the Inman 2025 Marketing All-Stars Award, recognizing the professionals who foster marketing and advertising excellence and connection within the real estate community. Inman’s 2025 Marketing All-Stars Award celebrates 99 of the most creative and boundary-pushing marketers.  Taylor is featured in the 2025 class for her unique ability to blend data, creativity, and strategic insight to propel industry innovation and elevate ATTOM’s position as a leader in property data solutions.  This is the third year Inman is celebrating the individuals who have made a lasting impact on the industry through innovative campaigns, brand leadership, and marketing that …

The median asking rent was $1,625, down $80 from the record high, as elevated apartment supply pushed rents lower. Asking rents fell fastest in Austin, down 10% year over year and $400 below the record high. The median U.S. asking rent fell 1% year over year to $1,625 in April, marking the biggest decline since February 2024. That’s $80 below the August 2022 record high of $1,705. On a month-over-month basis, the median U.S. asking rent rose 1.2% in April—typical for this time of year. “Asking rents are sluggish because there are more apartments for rent than people who want to rent them,” said Redfin Senior Economist Sheharyar Bokhari. “Renter demand is strong, but growth in apartment supply is even stronger because multifamily construction surged in the wake of the pandemic moving frenzy. Permits to build apartments have started to taper off, though, so asking rents could rebound in the …