The US has a record high number of cities where the average home price is over $1 million. This is driven by low housing supply and strong demand, leading homeowners to hold on to their properties. Florida has the most expensive homes, with the most expensive listing currently at $295 million. Despite the surge in million-dollar cities, some areas, particularly in Texas and Florida, have lost their status due to higher interest rates encouraging more homeowners to sell.
Starting March 4, the IRS's Direct File program will undergo final testing in 12 pilot states. Eligible users can test the software 24/7, with testing fully opening on March 12. Space is limited and may close if the user allotment is met. The program does not currently support state returns, but users from Arizona, California, Massachusetts, and New York will be directed to state-supported tools.
