Real Estate News Feed
Mortgage Rates Trend Down
Fri, 21 Feb 2025 16:11:44 GMT
The 30-year FRM averaged 6.85% as of February 20, 2025, down from last week when it averaged 6.87%. A year ago at this time, the 30-year FRM averaged 6.90%.
California Home Sales Fade In January
Fri, 21 Feb 2025 16:11:10 GMT
Existing, single-family home sales totaled 254,110 in January on a seasonally adjusted annualized rate, down 10.0 percent from 282,490 in December and down 1.9 percent from 259,160 in January 2024.
Existing-Home Sales Across Slide
Fri, 21 Feb 2025 16:09:51 GMT
Existing-home sales slid 4.9% in January to a seasonally adjusted annual rate of 4.08 million. However, sales rose 2.0% from one year ago, the fourth straight monthly year-over-year increase.
Sunshine States Boast Most Expensive Homes
Fri, 21 Feb 2025 16:09:08 GMT
5 of the most expensive home listed are in Florida and 3 are in Southern California with prices over $100 million.
Gas Prices Jump
Fri, 21 Feb 2025 16:08:14 GMT
The cheapest gas in Orange County has jumped to $4.07 per gallon and can be found at Sinclair in Fullerton. FUEL UP! in Fullerton and World in Santa Ana offer gas for $4.09 per gallon.
Good News For Homebuyers
Thu, 20 Feb 2025 15:48:50 GMT
Homebuyers have more total inventory to choose from. There are five months of supply on the market, up from 4.1 months a year earlier and the most since early 2019.