All-cash home purchases have become less popular, Redfin says

Homebuyers can purchase properties in full with cash, eliminating the need for a mortgage application. But last year, only one-third of buyers purchased homes with cash, representing a three-year low point.In total, 700,445 homes in 2024 were purchased with cash, which is down from 760,914 in 2023.R

Fitch Ratings: U.S. home prices are stabilizing, but 85% of markets are overvalued

In the third quarter of 2024, Fitch Ratings estimates that national home prices were overvalued by 11.1% on a population-weighted average basis. This marked a decrease of 50 basis points from the previous quarter’s figure of 11.6%, according to a report released Tuesday.Fitch noted that the S&P Core

More women file civil suits against the Alexander brothers over sexual assault allegations

Eleven more women have filed civile lawsuits against one or more of the Alexander brothers, adding to the mountain of legal woes facing Tal, Oren and Alon Alexander over alleged sexual misconduct.Along with state and federal criminal sex trafficking charges, the new complaints bring the number of kn