Southern California home prices dropped again in December, capping off a yearlong skid that saw the average home value in the six-county region drop by more than $7,000. In December, the average... Read more »
From BLS: Both total nonfarm payroll employment (+50,000) and the unemployment rate (4.4 percent) changed little in December, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in... Read more »
The University of Michigan’s consumer sentiment index improved for the fifth consecutive month in December, rising about 3% to its highest reading in seven months. A surge in buying conditions for durables... Read more »
After three consecutive months of increases, homebuilder confidence plateaued in December. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) held steady month over month at a reading of 46. The NAHB... Read more »
Progress in taming inflation slowed in October, but futures market investors think the latest numbers up the odds of another Federal Reserve rate cut next month. Whether it’s refining your business model,... Read more »
The 30-year fixed mortgage rate surpassed the 7% mark on Monday on the heels of strong economic data and the Federal Reserve signaling that it will move carefully with any future cuts... Read more »
The weather may be cool but the real estate market is hot !! Below is a quick recap of the Real Estate Market in December for the Coachella Valley. Want to learn... Read more »
Pending home sales rose 8.3% month over month in December, according to the newest data from the National Association of Realtors (NAR). It was the largest monthly jump in pending home sales... Read more »
WASHINGTON, DC—Pending home sales in December elevated 8.3%, according to the National Association of Realtors. The Midwest, South and West posted monthly gains in transactions while the Northeast recorded a loss. The... Read more »
Delinquencies rose in December but the rise is mostly due to the calendar: December ended on a Sunday, so payments made on the last day of the month were credited to January.... Read more »