December Update Please note: this data is for November 2019 In November, the Federal Reserve reduced its benchmark rate for the third time this year. This action was widely anticipated by the market. Mortgage rates have remained steady this month and are still down...
Read MoreNovember Update Please note: this data is for October 2019 In October, mortgage rates increased slightly from the three-year lows seen in September. While the Federal Reserve reduced the federal-funds target rate by .25%, this decline was widely expected and largely factored into mortgage...
Read MoreOctober Update Happy October! Please note: this data is for September 2019. As we move into the final three months of 2019, buyers will find fewer homes coming on the market, but also less competition for those homes. New Listings were down 23.7 percent for single family homes...
Read MoreOctober 2019 Happy October! Please note: this data is for August 2019. New Listings were down 30.5 percent for single family homes and 28.0 percent for Condo/TIC/Coop properties. Pending Sales decreased 13.5 percent for single family homes and 13.4 percent for Condo/TIC/Coop properties. Single Family...
Read MoreSeptember 2019 Happy September! Please note: this data is for July 2019. New Listings were down 40.6 percent for single family homes and 17.3 percent for Condo/TIC/Coop properties. Pending Sales increased 7.9 percent for single family homes but decreased 19.0 percent for Condo/TIC/Coop properties. The Median Sales...
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