Real Estate News Feed
Consumer Sentiment Fades
Fri, 21 Nov 2025 16:14:26 GMT
A University of Michigan Survey shows that consumer sentiment dropped 4.9% to 51 in November, a 29% decline year over year.
Room For A Rate Cut?
Fri, 21 Nov 2025 16:13:42 GMT
Federal Reserve Bank of New York President John Williams said he sees room for the US central bank to cut interest rates again in the near term as the labor market softens.
OC Gas Prices Step Back
Fri, 21 Nov 2025 16:09:06 GMT
The cheapest gas in Orange County steps back to $3.95 per gallon and can be found at Sinclair in Fullerton. Berri Brothers in Sunset Beach offers gas for $3.97 per gallon.
Mortgage Rates Show Little Movement
Thu, 20 Nov 2025 12:04:23 GMT
As of November 20, 2025, The 30-year FRM averaged 6.26% while the 15-year averaged 5.54%. A year ago at this time, the 30-year FRM averaged 6.84%.
Home Sales Up In October
Thu, 20 Nov 2025 16:45:18 GMT
Sales of existing homes rose 1.2% last month from September to a seasonally adjusted annual rate of 4.1 million, according to a report from The National Association of Realtors.
Unhelpful Split Verdict
Thu, 20 Nov 2025 16:44:36 GMT
The September jobs report makes Fed next move unclear. The US Bureau of Labor Statistics revealed that the labor market grew by 119,000 non-farm payroll jobs in that month, well above forecasts for 51,000 jobs. The rebound comes after jobs were revised to negative 4,000 for the month of August.