Real Estate News Feed
New Listings Up
Mon, 15 Apr 2024 14:56:26 GMT
As of April 12th, inventory of homes available for sale nationwide was 526 thousand compared to 513 thousand last week.
Builder Confidence Steady
Mon, 15 Apr 2024 14:55:51 GMT
Builder sentiment was flat in April as mortgage rates remained close to 7% over the past month and the latest inflation data failed to show improvement during the first quarter of 2024.
Retail Sales Beat Expectations
Mon, 15 Apr 2024 14:55:15 GMT
U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter on solid ground.
Economists Feeling Optimistic
Mon, 15 Apr 2024 14:54:32 GMT
"It has been two years since forecasters felt this good about the economic outlook," according to the Wall Street Journal.
The Cheapest Gas In OC Jumps
Mon, 15 Apr 2024 14:53:49 GMT
The cheapest gas in Orange County has jumped to $4.73 per gallon and can be found at Costco on Park Ave., Tustin, Costco on El Camino Real in Tustin and Berri Brothers on Red Hill in Tustin. Sinclair in Fullerton offers gas fro $4.75 per gallon.
Consumer Sentiment Falls Slightly
Fri, 12 Apr 2024 14:53:52 GMT
Consumer sentiment declined 1.9% in early April to 77.9 but rose 22.3% YOY, according to preliminary estimates from the University of Survey of Consumers.