Real Estate News Feed
New Home Sales Increase
Thu, 24 Apr 2025 15:40:13 GMT
A modest decline in mortgage rates and lean existing inventory helped boost new home sales in March even as builders and consumers contend with uncertain market conditions.
Jobless Claims Back Up
Thu, 24 Apr 2025 15:39:36 GMT
Applications for unemployment benefits grew to 222,000 in the week ending April 19, up from 215,000 the previous week.
The Cheapest Gas In OC Remains Below $4/Gal
Thu, 24 Apr 2025 15:38:46 GMT
The cheapest gas in Orange County is now $3.99 per gallon and can be found in Fullerton at FUEL UP!, Costco, Sam's Club and SMP and at 76 in Orange.
Mortgage Applications Lose Steam
Wed, 23 Apr 2025 14:35:16 GMT
The MBA reports mortgage application activity declined last week, as rates increased to their highest level in two months. The 30-year fixed is now 6.9 percent.
Business Activity Slows
Wed, 23 Apr 2025 14:34:34 GMT
Business activity slowed to a 16-month low in April and prices charged for goods and services soared amid uncertainty caused by tariffs, reinforcing financial market fears of stagflation that could put the Federal Reserve in a tough spot.
Home Price Gains Slowest Since 2022
Tue, 22 Apr 2025 14:17:47 GMT
U.S. home prices ticked up 0.2% from a month earlier in March on a seasonally adjusted basis, the slowest pace since December 2022.