Real Estate News Feed
Mortgage Rates Show Little Movement
Thu, 20 Nov 2025 12:04:23 GMT
As of November 20, 2025, The 30-year FRM averaged 6.26% while the 15-year averaged 5.54%. A year ago at this time, the 30-year FRM averaged 6.84%.
Home Sales Up In October
Thu, 20 Nov 2025 16:45:18 GMT
Sales of existing homes rose 1.2% last month from September to a seasonally adjusted annual rate of 4.1 million, according to a report from The National Association of Realtors.
Unhelpful Split Verdict
Thu, 20 Nov 2025 16:44:36 GMT
The September jobs report makes Fed next move unclear. The US Bureau of Labor Statistics revealed that the labor market grew by 119,000 non-farm payroll jobs in that month, well above forecasts for 51,000 jobs. The rebound comes after jobs were revised to negative 4,000 for the month of August.
Home Prices Grow As Demand Dwindles
Thu, 20 Nov 2025 16:26:14 GMT
Would-be homebuyers are sitting on the sidelines, wary of economic uncertainty and still-high housing costs. A dwindling pool of supply is propping up prices.
Record Home Sales
Wed, 19 Nov 2025 16:32:28 GMT
California single-family home sales totaled 282,590 in October on a seasonally adjusted annualized rate, up 1.9 percent from 277,410 in September and up 4.1 percent from 271,370 in October 2024.
Strongest Buyer's Market in Over a Decade
Wed, 19 Nov 2025 16:31:45 GMT
Home sellers outnumbered buyers by a record 36.8% in October, giving buyers who were in the market room to negotiate.