Core Insights - The housing market is showing signs of improvement for buyers, with over 1 million homes for sale in February, the highest for that month since before the pandemic [1][3] - Mortgage rates are at their lowest this year, and home values are not rising rapidly, contributing to better affordability for buyers [1][3] - The time taken for homes to go under contract has increased, averaging more than three weeks, allowing buyers more time to make decisions [1] Summary by Categories Best Metro Areas for Buyers - **Miami**: Homes take nearly three times longer to sell than the national average, with about 25% of listings receiving price cuts in February [4] - **New Orleans**: There are 11% more homes for sale compared to last year, with homes staying on the market for almost two months [5] - **Jacksonville**: Inventory is up 26% year-over-year, with nearly 30% of sellers reducing their asking prices [6] - **Tampa**: Approximately one-third of listings have taken a price cut, with inventory up 42% from pre-pandemic levels [7][8] - **Memphis**: Monthly mortgage payments are about $1,200, lower than typical rents, and homes stay on the market for nearly a month [11][16] Best Metro Areas for Sellers - **Buffalo**: Homes are selling quickly, often in 12 days or less, with over 50% of listings selling above their list price [12][17] - **San Jose**: Home values have increased by 7.6% year-over-year, with nearly 60% of homes selling for more than their list price [13][18] - **San Francisco**: Listings are up 32.5% year-over-year, with 44% of homes selling above asking price [14][19] - **Hartford**: Homes are selling in just seven days, significantly faster than the national average, with a 71% decrease in listings compared to pre-pandemic levels [15][24] - **Boston**: Approximately 40% of sellers can expect to sell above their list price, with homes selling in just eight days [21][25]

Well over 1 million homes are available to buyers, the most for this season in five years Annual home value growth has slowed to an 18-month low of 2.1%, helping buyers make up ground on affordability. Listings are going pending in 23 days, more slowly than in recent years.  A total of 1.04 million homes were on the market in February, the most for this time of year since 2020. SEATTLE, March 17, 2025 /PRNewswire/ -- Buyers and sellers didn't jump back into the housing market as expected in February, but lo ...

Core Insights - Trillions of dollars' worth of U.S. real estate is at significant risk from natural disasters, including fire, flood, and extreme wind, with a total estimated value of $33.4 trillion across these risks [2][10] - Major metro areas, particularly in California and New York, are highlighted as having substantial residential real estate values at risk, with Los Angeles and New York City leading in fire and flood risks respectively [3][6] Summary by Risk Type Fire Risk - Homes with major fire risk are valued at approximately $9.1 trillion nationally, with eleven metro areas having at least $100 billion in residential real estate at major risk [2][6] - The Los Angeles metro area has the highest total value of homes at major risk of fire, estimated at $831 billion [2][6] Flood Risk - Homes with major flood risk are valued at around $7 trillion, with New York City having the highest total value at risk, estimated at $593 billion, followed closely by Miami at $580 billion [3][6] - The median list price for homes with extreme flood risk is 22% higher than for homes with minor flood risk [4] Wind Risk - Homes with major wind risk are valued at approximately $17 trillion, with New York City also leading in this category at around $3 trillion [2][3][6] - Miami and Boston also have significant values at risk, exceeding $1 trillion each [3] Market Trends - Over 80% of home shoppers are considering climate risks when searching for new homes, indicating a shift in buyer behavior [4] - Despite the risks, many high-risk areas remain desirable, often commanding higher home values; homes with extreme fire risk have a median list price 49% higher than those with minor fire risk [4] Data Accessibility - Zillow provides climate risk data on its platform, allowing home shoppers to evaluate risks related to flood, wildfire, wind, heat, and air quality, which aids in informed decision-making [5]

Core Viewpoint - Atossa Therapeutics is strategically pursuing a metastatic breast cancer indication for (Z)-endoxifen, believing it offers a more efficient regulatory pathway to address urgent medical needs in this area [1][4]. Group 1: Unmet Medical Need - Metastatic breast cancer presents a significant unmet medical need, with current treatments often having limited durability and substantial side effects [2]. - (Z)-endoxifen is a selective estrogen receptor modulator (SERM) that has shown promising results in previous clinical trials, indicating its potential to address this treatment gap [2]. Group 2: Clinical Trial Data - Early-stage trials of (Z)-endoxifen have demonstrated encouraging results, reinforcing its potential as a transformative therapy for breast cancer [3]. - Key findings include: - In CDK4/6i-naïve patients, (Z)-endoxifen more than doubled the median progression-free survival (PFS) compared to tamoxifen (7.2 months vs. 2.4 months) [5]. - Patients who progressed on tamoxifen and switched to (Z)-endoxifen experienced clinical benefits, including prolonged stable disease exceeding 2-3 years in some cases [5]. - (Z)-endoxifen has a favorable safety profile, showing no unexpected safety concerns beyond those typically seen with tamoxifen [5]. Group 3: Strategic Advantages - Pursuing an initial approval in metastatic breast cancer is seen as an efficient regulatory and clinical path to market, potentially allowing for quicker access to patients in need [4]. - This strategy also lays the groundwork for expanding (Z)-endoxifen's role in earlier-stage disease settings, where it has shown promise in reducing tumor proliferation and preventing recurrence [4]. Group 4: Broader Indications - Atossa is committed to demonstrating the broad clinical utility of (Z)-endoxifen across the breast cancer treatment spectrum, including prevention and neoadjuvant therapy [5][6]. - Prior studies suggest that (Z)-endoxifen can significantly reduce breast tissue density and estrogen receptor activity, which are key risk factors for developing breast cancer [6]. - Data from early-stage patients indicate that (Z)-endoxifen may effectively reduce tumor proliferation, leading to improved surgical outcomes and long-term prognosis [7]. Group 5: Company Overview - Atossa Therapeutics is a clinical-stage biopharmaceutical company focused on transforming breast cancer treatment through innovative science and patient-centered solutions [8]. - The company's lead product candidate, (Z)-endoxifen, is designed for use across the breast cancer spectrum, including prevention, neoadjuvant, adjuvant, and metastatic settings [8].

New Zillow research identifies the best time to sell a home in the nation's largest metropolitan areas A Zillow analysis of 2024 home sales finds that homes listed in the second two weeks of May sold for 1.6% more.  The best time to list can be as early as the second half of March in San Diego and Austin, and as late as November in Phoenix. Homeowners can sell their home for even more by maximizing exposure, focusing on screen appeal and highlighting in-demand features. SEATTLE, March 5, 2025 /PRNewswire/ - ...

Core Insights - The housing market has undergone significant changes over the past five years, with home values and rents reaching record highs, and the number of homes valued at $1 million more than doubling since the onset of the pandemic [1][6][9] Market Trends - Home values have increased by 45.3% nationally since February 2020, with Miami experiencing the highest growth at 61.1% [3][9] - The demand for homes has been driven by lower mortgage rates, higher savings, and a desire for more space during the pandemic [2] - The typical $1 million home is now approximately 70 square feet smaller than it was at the beginning of the pandemic, indicating a shift in buyer preferences [7] Regional Highlights - Austin, TX, saw the most volatile market, with home values increasing by 40.3% during the pandemic's early phase but later declining by 14% due to rising mortgage rates [4] - In New York City, median asking rents have risen by 24.1% since the pandemic began, with the Bronx experiencing the sharpest increase at 42.3% [5] Construction and Supply - Builders responded to increased demand with over 1 million single-family home starts in 2021, the highest since 2007, which has helped to moderate price growth [8][10] - The shift towards higher-density homes, such as townhomes and condos, has been a strategy to maintain affordability amid rising land and material costs [10] Buyer Preferences - Outdoor features have remained in high demand, with buyers willing to pay at least 2% more for homes with such amenities [11] - Virtual home shopping has become more prevalent, with a significant increase in the use of digital tools, such as 3D tours, enhancing the home-buying experience [13][15]

Group 1 - Zillow is establishing itself as the leading housing discovery tool in the market [1] - Despite a poor stock performance post-earnings, the company is showing strong growth in rentals and mortgages [1] - Zillow is becoming increasingly profitable year over year [1]

Mortgage Rates Overview - The current average rate for a 30-year fixed mortgage is 6.87%, with a daily decrease of 0.06% [1][2] - The Freddie Mac average for 30-year mortgages has seen fluctuations, recently dropping from a peak of 7.79% in October 2023 to the current rate [2][10] - The Investopedia average differs from Freddie Mac's due to its daily calculation method, providing a more immediate reflection of rate changes [3] Rate Changes and Influences - Various loan types show different rates, with the FHA 30-Year Fixed at 7.25% and VA 30-Year Fixed at 6.43% [1] - The Federal Reserve's bond-buying policies significantly influenced mortgage rates, particularly during the pandemic [7][9] - The Fed's tapering of bond purchases and subsequent rate hikes have led to a dramatic increase in mortgage rates over the past two years [10][11] Future Rate Expectations - The Fed has maintained a peak federal funds rate since July 2023, with recent announcements indicating potential rate cuts in the future [11][12] - The Fed's quarterly rate forecast suggests limited rate cuts in the coming year, with expectations for multiple rate-hold announcements [12] Rate Calculation Methodology - The national averages provided assume an 80% loan-to-value ratio and a credit score range of 680-739, which may differ from advertised teaser rates [13]

Shares of online real estate marketplace Zillow Group Inc (NASDAQ:Z) are up 0.7% at $78.78 at last glance, following last session's 9.4% loss. The bear gap occurred after the company's disappointing first-quarter guidance, despite strong fourth-quarter results. Prior to yesterday's slide, Z hit a Feb. 11 three-year high of $89.39. The stock is outperforming with a 35.1% year-over-year gain, and could soon push back toward those highs, if history is any indicator. Per Schaeffer's Senior Quantitative Analyst ...

The housing market hasn't been normal for years. Battered by the Fed's sharp interest rate hikes in 2023/early 2024, incredibly tight housing supply (in part driven by homeowners who don't want to move for fear of locking into higher mortgage rates), and industry ruleWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry tod ...