Real Estate News Feed
Gap Is Widening Between Renters and Buyers
Thu, 10 Apr 2025 14:41:41 GMT
Homebuyers Need to Earn Over $50,000 More Than Renters to Afford Monthly Payments and the Gap Is Widening.
Mortgage Applications Jump
Wed, 09 Apr 2025 15:09:05 GMT
Mortgage applications increased 20% from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 4.
Top Remodeling Projects
Wed, 09 Apr 2025 15:08:30 GMT
Americans spent an estimated $603 billion on home remodeling projects in 2024. According to the report, projects that received the highest Joy Scores were the addition of a master bedroom, a kitchen upgrade and new roofing.
Cheapest Gas In OC Drops to $3.99/Gal
Wed, 09 Apr 2025 15:07:44 GMT
The cheapest gas in Orange County has dropped to $3.99 per gallon and can be found at FUEL UP! and SMP, both in Fullerton.
Will Mortgage Rates Drop To 3% Again?
Tue, 08 Apr 2025 14:23:12 GMT
In 2020 and 2021, Americans witnessed record-low mortgage rates. However, home loan rates probably won't drop back down to 3% anytime soon.
Home Prices Continue to Cool
Tue, 08 Apr 2025 14:22:35 GMT
The annual home price growth rate dipped to +2.7% in February from +3.4% the month prior, marking the sharpest single month of deceleration in the annual home price growth rate since 2023.