While two of the top three most expensive homes sold in the U.S. were in California, this year, it’s actually on the other coast. In New York City, there seems to be a new penchant for super high end, prestigious penthouses in coveted buildings, the San Francisco Chronicle reported.
Three most expensive real estate transactions last year
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.
