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0 Rt 299 Highway

0 Rt 299 Highway

0 Bed / / 690862 SqFt SqFt

0 Rt 299 Highway

6655 W 87th Street W

6655 W 87th Street W

3 Beds / 2 Full Bas / 5342 SqFt SqFt

6655 W 87th Street W

251 Goldfinch Street

251 Goldfinch Street

3 Beds / 3 Full Bas / 0 SqFt SqFt

251 Goldfinch Street

5372 Punta Alta #1A

5372 Punta Alta #1A

2 Beds / 2 Full Bas / 0 SqFt SqFt

5372 Punta Alta #1A

2336 Hidalgo Avenue

2336 Hidalgo Avenue

4 Beds / 4 Full Bas / 7295 SqFt SqFt

2336 Hidalgo Avenue

753 W 14th Street

753 W 14th Street

0 Bed / / 4807 SqFt SqFt

753 W 14th Street

4001 W Kent Avenue

4001 W Kent Avenue

4 Beds / 2 Full Bas / 6180 SqFt SqFt

4001 W Kent Avenue

5657 Allott Avenue

5657 Allott Avenue

3 Beds / 2 Full Bas / 6060 SqFt SqFt

5657 Allott Avenue

first-time homebuyers

55+ Active Adult

Single Home Buyers

International Buyers

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Popular Information

Home Buyers and Sellers in a Changing Real Estate Market

Home Buyers and Sellers in a Changing Real Estate Market

The beginning of this year hasn't been as favorable for the real estate market. The latest data shows that from December of last year to January of this year, the number of homes under contract but not yet sold decreased by 4.9%, and the inventory of homes for sale in January decreased by 8.8% compared to the same period last year. The main reason behind this phenomenon is the rise in mortgage interest rates, which increases the cost of home buying.

The US Real Estate Market: Positive Signals from Lower Rates and Increased Inventory

The US Real Estate Market: Positive Signals from Lower Rates and Increased Inventory

In recent weeks, the real estate market has seen some positive developments, including a decrease in mortgage loan rates and an uptick in housing inventory. These factors could have implications for both homebuyers and sellers.

House prices and mortgage rates fell

House prices and mortgage rates fell

The recent decline in mortgage interest rates and house prices has sparked market attention and interest from buyers. According to the latest data, the average interest rate for a 30-year fixed-rate mortgage has dropped from 6.88% to 6.74%, while the rate of house price growth has fallen to below -0.6%. These changes may signal positive signs for buyers, but whether they indicate a sustainable trend remains to be seen.

The Federal Reserve's interest rate decision has far-reaching implications for the housing market.

The Federal Reserve's interest rate decision has far-reaching implications for the housing market.

People planning to buy a home have been closely monitoring mortgage rates, waiting for an ideal opportunity. However, the Federal Reserve announced in its recent meeting that it would maintain interest rates rather than lowering them, suggesting that mortgage rates may remain high. This decision will impact the plans of many homebuyers and home sellers, as they may be reluctant to purchase new homes or sell properties at higher rates.

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