Home inventory levels are showing strong signs. Can it continue? Jan. 30th 2025
Newly listed home inventory grew 37.5% from December, according to a Realtor.com report released Thursday — and certain cities and regions are moving much faster than others.
White House offer to federal employees sparks concerns, union opposition Jan. 30th 2025
Federal workers were given an offer to resign now and be paid through September, but union officials and others are calling on workers to pump the brakes before accepting.
Pending home sales limped to the end of 2024 Jan. 30th 2025
After four months of increases, pending homes sales fell 5.5% month over month in December, down 5.0% below their December 2023 level.
In leaving rates alone, the Fed hides behind solid labor market Jan. 29th 2025
The Fed didn't cut or raise interest rates today, proving that it is shaping its policy around the labor market more than inflation.
LA area rental market under strain as fire victims look for housing Jan. 29th 2025
Homes.com reports that nearly all two-bedroom rentals from Santa Monica to Manhattan Beach are currently leased out.
Where things currently stand in Trump’s confusing flurry of federal funding memos Jan. 29th 2025
Trump rescinded a sweeping funding freeze on federal grants and foreign aid, but hasn't changed the need for a review of 100 HUD programs.
New homes account for the highest share of sales since 2005 Jan. 29th 2025
The existing-home sales slump coupled with a strong tally in new-home sales means that new homes now account for 14.4% of all transactions.
UWM extends its 60-bps incentive program into spring Jan. 29th 2025
UWM's incentive provides independent mortgage brokers with a 60 basis points pricing advantage on eligible conventional and government loans.
Downward trend in agent movement continues through December Jan. 29th 2025
Relitix’s latest release of the Agent Movement Index (AMI) through December 2024 confirms a continuation of the downward trajectory observed in recent months, underscoring the year-end slowdown and persistent market caution. While December often marks the lowest point seasonally, this year’s results reinforce the subdued climate that has defined much of 2024.
Concierge Auctions and Luxury Presence team up on marketing Jan. 28th 2025
The collaboration gives Luxury Presence’s clients the ability to promote upcoming auctions and use the Concierge Auctions platform.