Thank goodness, walkability isn't even a meaningful factor in most of Orange County or many parts of Los Angeles. People move here for the lifestyle, schools, space, beaches, weather, and neighborhoods—not because they can walk to a grocery store. https://t.co/mqmFrruIWb
Mortgage rates are cooling down but how long this will last? Meanwhile builders' confidence tanks over uncertainty over tariffs mounts. Will these variables result in less inventory and an increase in home prices?
Facts: Refinance activity is up 27%, but higher mortgage rates have pumped the brakes
CoreLogic data shows a 27% increase over last year, which was a 22-year low!
What is that trend? It’s migration. Not immigration.
For years Americans have been moving to the Sunbelt. From Chicago to Arizona and Texas, from New York to Florida. In the last two years especially in 2024, they’ve stopped moving. Inventory has built dramatically in the South.
It seems like home sellers have had the upper hand in the housing market for years now, but rising inventory has steadily increased the amount of leverage for buyers...That trend will continue in 2025, according to Zillow.
The National Association of Home Builders Housing Market Index (HMI) rose three points month over month to a reading of 46 in November. According to the data, builders expect market conditions to continue to improve after Republicans won control of the White House and Congress.
California real estate broker John Diaz has sued NAR and three other organizations over the three-way agreement which requires Realtors to join their local, state, and national associations to obtain access to the MLS. OMG, what's going on?