Real Estate News in Brief
Real Estate News in Brief So much is dependent on mortgage rates, and rates will follow inflation lower (eventually). With “core” PCE approaching the Fed’s 2% target, how close is ‘close enough’ for Powell & Friends to start cutting rates? Builders bullish, but sales meh. New home sales for January
What’s Up with Real Estate? - Feb 2024
National Real Estate News Real Estate Transactions on the Rise In January, existing home sales surged by 3% month-over-month, totaling 4 million units on an annualized basis, marking the highest level since August 2023, according to the National Association of Realtors (NAR). This recovery trend is
Real Estate News in Brief
Hope is building for a more active spring/summer in terms of transaction volumes. Both real estate agents and new home builders are significantly more optimistic than they were at the same time last year, and existing home sales continued to recover in January. Inflation for businesses rose (from a
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