Real Estate News Feed
New Home Purchase Apps Up In March
Tue, 16 Apr 2024 15:14:55 GMT
Mortgage applications for new home purchases increased 6.2 percent compared from a year ago. Compared to February 2024, applications increased by 1 percent.
Housing Starts Dial Back
Tue, 16 Apr 2024 15:14:12 GMT
Total housing starts in March were well below expectations, however, starts in January and February were revised up.
Industrial Production Inches Higher
Tue, 16 Apr 2024 15:13:36 GMT
Industrial production rose 0.4 percent in March but declined at an annual rate of 1.8 percent in the first quarter.
The Cheapest Gas In OC Pulls Back
Tue, 16 Apr 2024 15:12:28 GMT
The cheapest gas in Orange County has pulled back to $4.57 per gallon and can be found at Shell on N Tustin St., Orange. Sinclair in Fullerton offers gas fro $4.75 per gallon.
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.