Median existing home price hits new high
Please enter a valid email.Please enter a valid email.Please enter a valid email.Please enter a valid email.Please enter a valid email.Please enter a valid email.Please enter a valid email.Why it matters: Home prices are shooting higher all across America because there are too few homes for the feverish demand.Driving the news: Blackstone this morning announced that it will pay around $6 billion to purchase Home Partners of America, a Chicago-based owner of more than 17,000 single-family homes.