Real Estate Market Is Broken for Everyone Except the Ultra Rich

What You Need To Know

• Homes worth over $1 million were the only price segment with rising sales in June, says a group of Realtors.
• The pool of potential buyers with money in their pockets is deep — 39% of U.S. homes didn't have a mortgage as of 2022.
• In some developments, more than half of the buyers are paying cash, according to Toll Brothers.