Here is your real estate market update and the top real estate news for May 7th, 2025: Top Real Estate News (May 7, 2025): Spring Sales Picking Up as Buyers Adjust to Rates: According to Redfin, pending home sales rose 3% week-over-week, and buyer activity is increasing as consumers grow more comfortable with current mortgage levels and expectations of future Fed rate cuts. Homebuilders...
Here is your real estate market update and the top real estate news for May 6th, 2025: Top Real Estate News (May 6, 2025): Buyers Return as Confidence in Rate Cuts Builds: Redfin reports a 7% weekly increase in home tours and inquiries, as more buyers re-enter the market on growing expectations that the Fed could ease rates this summer. Inventory Gains Leveling Off: Realtor.com data shows...
Here is your real estate market update and the top real estate news for May 5th, 2025: Top Real Estate News (May 5, 2025): Sellers Regaining Confidence as Listings Increase: Realtor.com reports a 6% rise in new listings last week, the strongest weekly growth this spring. Analysts say sellers are responding to steady demand and growing optimism about future rate cuts. Remote Work Fuels...
Here is your real estate market update and the top real estate news for May 2nd, 2025: Top Real Estate News (May 2nd, 2025): Mortgage Rates Edge Down After Fed Decision: Following the Federal Reserve’s decision to hold rates steady, average mortgage rates dropped slightly. Industry analysts say this could spur renewed buyer activity heading into May. Rising Insurance Costs Impacting...
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...