Real Estate News Feed
New Home Sales Grew In 2024
Tue, 04 Mar 2025 15:45:02 GMT
A lack of existing home inventory helped propel single-family construction growth in all geographic regions to end 2024, according to the National Association of Home Builders.
Cheapest Gas In OC Drops To $3.92
Tue, 04 Mar 2025 15:44:19 GMT
The cheapest gas in Orange County has dropped to $3.92 per gallon and can be found at Sam's Club in La Habra. Sam's Club in Fullerton offers gas for $3.95 per gallon and Costco in La Habra offers gas for $3.96 per gallon.
Little Change In Listings
Mon, 03 Mar 2025 16:26:32 GMT
As of February 28th, the inventory of homes available for sale nationwide was 639 thousand, compared to 640 thousand the prior week.
Construction Spending Pulls Back
Mon, 03 Mar 2025 16:26:00 GMT
Construction spending during January 2025 was estimated at a seasonally adjusted annual rate of $2,192.5 billion, 0.2% below the revised December estimate of $2,196.0 billion, according to the U.S Census Bureau.
PMI Declined but Remained Positive
Mon, 03 Mar 2025 16:25:28 GMT
The Purchasing Managers Index (PMI) registered 50.3% in February, 0.6 percentage point lower compared to the 50.9% recorded in January, say the nation's supply executives.
OC Gas Prices Ease
Mon, 03 Mar 2025 16:24:43 GMT
The cheapest gas price in Orange County has come down to $3.95 per gallon and can be found at Sam's Club in La Habra and Sinclair in Fullerton. Berri Brothers in Anaheim offers gas for $3.97 per gallon.