Here is your real estate market update and the top real estate news for May 29th, 2025: Top Real Estate News (May 29, 2025): Mortgage Demand Rises for Fourth Straight Week: The Mortgage Bankers Association reported a 3.1% increase in purchase applications, signaling continued buyer confidence and responsiveness to stable rates. Inventory Levels Improve Nationwide: Realtor.com data shows...
Here is your real estate market update and the top real estate news for May 28th, 2025: Top Real Estate News (May 28, 2025): Pending Home Sales Surge Post-Holiday: The National Association of Realtors reported a 4.6% jump in pending home sales last week, driven by stable rates and rising inventory. This marks the strongest weekly gain since February. Home Price Growth Steady in Mid-Tier...
Here is your real estate market update and the top real estate news for May 27th, 2025: Top Real Estate News (May 27, 2025): Holiday Weekend Sees Spike in Home Tours and Offers: Redfin data showed a noticeable uptick in buyer activity over Memorial Day weekend, particularly in affordable suburbs. Many agents report multiple-offer scenarios returning in some markets. Mortgage Rate Stability...
Here is your real estate market update and the top real estate news for May 23nd, 2025: Top Real Estate News (May 23, 2025): New Home Sales Beat Expectations in April: The U.S. Census Bureau reported a 5.4% rise in new home sales last month. Builders have benefited from easing mortgage rates and are ramping up production to meet spring demand. Fed Minutes Show Cautious Optimism: Minutes...
Here is your real estate market update and the top real estate news for May 22nd, 2025: Top Real Estate News (May 22, 2025): NAR Reports Existing-Home Sales Rose in April: The National Association of Realtors said existing-home sales climbed 2.2% in April as lower mortgage rates and seasonal momentum lifted activity. Inventory is still tight, but buyer traffic has strengthened. First-Time...
Here is your real estate market update and the top real estate news for May 21st, 2025: Top Real Estate News (May 21, 2025): Mortgage Rate Drop Spurs Late-Spring Buyer Activity: Redfin reported a 6.3% increase in weekly pending home sales as mortgage rates hit their lowest point since January. Real estate agents are seeing renewed urgency among buyers hoping to lock in favorable terms....
Here is your real estate market update and the top real estate news for May 20th, 2025: Top Real Estate News (May 20, 2025): Homebuilder Stocks Climb as Market Optimism Grows: Shares of major homebuilders rose Monday following reports of increasing buyer demand and continued rate relief. Analysts expect strong sales through early summer if current conditions hold. Rental Demand Stays...
Here is your real estate market update and the top real estate news for May 19th, 2025: Top Real Estate News (May 19, 2025): Spring Market Strengthens with More Listings and Buyer Activity: Realtor.com data shows a 4% week-over-week increase in new listings and a rise in showing appointments, suggesting renewed momentum in the housing market. Buyer confidence is growing as mortgage rates...
Here is your real estate market update and the top real estate news for May 16th, 2025: Top Real Estate News (May 16, 2025): Mortgage Rates Drop as Markets React to Inflation Report: Following the softer CPI data earlier this week, mortgage rates edged lower. Real estate professionals are reporting a noticeable uptick in buyer activity and mortgage pre-approvals. Construction Activity...
Here is your real estate market update and the top real estate news for May 15th, 2025: Top Real Estate News (May 15, 2025): April CPI Comes in Lower Than Expected, Boosting Rate Cut Hopes: The Consumer Price Index rose 0.3% last month, slightly below forecasts. Core inflation also moderated, prompting optimism in the housing market that Fed rate cuts could come sooner. Buyer Activity...