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The Million Dollar Dream - Redfin Reports Nearly 10% Of U.S. Homes Now Worth $1 Million

By Yahoo! Finance   |   Aug 18, 2024 at 06:49 PM EST
The Million Dollar Dream - Redfin Reports Nearly 10% Of U.S. Homes Now Worth $1 Million

A record number of homes in the U.S. are valued at $1 million or more, driven by soaring prices. Luxury home prices have surged, pushing many properties past the million-dollar mark. Low mortgage rates boost buyers' purchasing power, but affordability remains a challenge for many.

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