Mortgage rates fell this week and they are now far from the levels widely discussed after the election. With the final jobs report for 2024, mortgage rates made a nice move lower... Read more »
In August 2024, new home sales faced a significant decline, down 4.7% compared to the previous month, with a seasonally adjusted annual rate of 716,000 homes sold. This figure follows a notable increase of 10.6% in July, demonstrating... Read more »
If last week was any indication, it will be a busy fall for Los Angeles County’s luxury market. Signed contracts for the week ended Sept. 22 spiked nearly 42 percent from the... Read more »
According to the national real estate brokerage, only two months in the past decade have seen lower levels of home sales than last month. The first occurred in May 2020, when the... Read more »
The NYC housing market forecast for 2025 paints a picture that is both promising and challenging. As of now, the average home value in New York City stands at around $755,137, reflecting a modest 1.3% increase over... Read more »
Closing a deal for your client feels like crossing the finish line, but there’s always the potential for the contract to fall through somewhere along the way. Bright MLS, the second-largest multiple... Read more »
Have you been hearing the buzz about how mortgage rates have recently changed? Well, mortgage rates fall 98 basis points as compared to last year is the news that’s making waves and is catching... Read more »
Lower mortgage rates over the past several months have led to increased affordability for prospective homebuyers, and this could lead to an extra competitive fall 2024 season. That’s according to a Zillow... Read more »
In a world where the housing market often feels like a rollercoaster ride, it’s fascinating to see that a record share of consumers expect mortgage rates to fall. While many are feeling unsure... Read more »
The price of newly built homes plunged last month as homebuilders sought ways to attract buyers who are feeling the pinch of higher mortgage rates. The median sales price of a newly... Read more »