Here is your real estate market update and the top real estate news for May 1st, 2025: Top Real Estate News (May 1st, 2025): Fed Holds Rates Steady, Signals Data-Dependent Path Ahead: As expected, the Federal Reserve left interest rates unchanged. Chairman Powell emphasized the need for further evidence of inflation slowing before any cuts, which could impact mortgage rate expectations going into...
Here is your real estate market update and the top real estate news for April 30, 2025: Top Real Estate News (April 30, 2025): Case-Shiller Index Shows Home Prices Hit Record High: The February Case-Shiller report released yesterday showed a 6.5% year-over-year gain in national home prices, setting a new record. The largest gains were seen in Midwest and Southeast markets. Fed Meeting...
Here is your real estate market update and the top real estate news for April 29, 2025: Top Real Estate News (April 29, 2025): New Home Sales Rise in March: The U.S. Census Bureau reported a 4.8% increase in new home sales last month, beating forecasts. Builders continue to attract buyers with incentives, especially in the South and West. Buyers Watching Fed Closely Ahead of May Meeting:...
Here is your real estate market update and the top real estate news for April 28, 2025: Top Real Estate News (April 28, 2025): Home Prices Continue Steady Climb Ahead of Summer: According to Zillow, national home prices rose 0.5% in March and early April, driven by limited supply and resilient buyer demand, especially in affordable and mid-range markets. More Sellers Offer Rate Buy-Downs:...
Here is your real estate market update and the top real estate news for April 25, 2025: Top Real Estate News (April 25, 2025): Pending Home Sales Rose in March: The National Association of Realtors reported a 3.3% increase in pending home sales last month. Analysts attribute the growth to improving inventory levels and more stable mortgage rates encouraging buyer activity. Investors...
Here is your real estate market update and the top real estate news for April 24, 2025: Top Real Estate News (April 24, 2025): Mortgage Application Volume Climbs for Second Straight Week: The Mortgage Bankers Association reported a 2.8% increase in applications last week, driven by steady rates and growing homebuyer confidence. NAR Highlights Challenges for First-Time Buyers: The National...
Here is your real estate market update and the top real estate news for April 23, 2025: Top Real Estate News (April 23, 2025): Homebuilders Report Stronger Sales in April: National builders, including Lennar and D.R. Horton, have reported stronger-than-expected new home sales this month. Incentives like rate buy-downs and flexible financing are attracting buyers despite affordability...
Here is your real estate market update and the top real estate news for April 22, 2025: Top Real Estate News (April 22, 2025): Spring Housing Market Faces Affordability Pressure: A new report from Zillow notes that while inventory is improving, affordability remains the key barrier for many buyers. Home prices continue to climb modestly, and bidding wars persist in popular suburbs. More...
Here is your real estate market update and the top real estate news for April 18, 2025: Top Real Estate News (April 18, 2025): Existing Home Sales Dip in March Amid Low Inventory: The National Association of Realtors reported a 2.1% decline in existing home sales for March. Limited inventory remains the primary constraint, though demand is steady in many markets. Fed Officials Urge...
Here is your real estate market update and the top real estate news for April 7, 2025: Top Real Estate News (April 7, 2025): Buyers Rushing to Lock in Rates: As mortgage rates hold near recent lows, more homebuyers are entering the market to secure financing ahead of the busy spring season. Agents in several markets report increased showing activity and a pickup in signed contracts....