Real Estate Markets
Federal Reserve Poised for First Rate Cut in Four Years
Half or Quarter Point? – The Federal Reserve is set to reduce interest rates for the first time in four years on Wednesday. Investors are...
Mortgage Rates Drop to Six-Month Low Ahead of Fed Decision
Average 30-Year Fixed Rate Falls to 6.2%, Lowest Since February – The average rate on a 30-year fixed mortgage has dropped for the third consecutive...
US Mortgage Rates Hit February Lows, Sparking Market Activity
US Housing Market Gains Momentum with Falling Mortgage Rates – US mortgage rates continued to fall last week, reaching their lowest level since February 2023. According...
Redfin Reports Real Estate Squeeze: Florida and Texas Condo Prices Fall as Inventory Swells
Surge in Condo Inventory Drives Price Drop in Florida and Texas Condo prices are falling in major Florida and Texas metros as inventory surges and...
US Home Prices: Summer Starts with Records and Moderation
US home prices began the summer at a record high, continuing a trend that has persisted throughout the year. However, the pace of price increases...
Fed Signals Rate Cuts: Stocks Surge as Investors Cheer Powell’s Jackson Hole Speech
Investors Rejoice as Fed Signals Rate Cuts Investors celebrated on Friday as Federal Reserve Chair Jerome Powell declared that “the time has come” to begin cutting...
Opendoor Technologies Stock Surges 13% After Fed Signals Dovish Stance on Rates
Fed’s Dovish Remarks Spark Rally in Opendoor Technologies’ Stocks The stock of Opendoor Technologies (OPEN 13.12%) surged today following dovish comments from Federal Reserve Chair...
New Home Sales Surge as Mortgage Rates Drop
Sales Jump 10.6% in July, Highest Level in Over a Year New Home Sales Surge – New home sales in the United States soared to their...
Housing Market Trends for Q3 2024: High Prices and Rates Persist
This summer, it’s not just vacationers who are feeling the heat. Homebuyers, too, are navigating a scorching housing market where affordability remains a significant challenge....
Compass Inc Reports Quarterly Loss in Earnings Report
Compass Inc recently announced its quarterly earnings report, revealing a loss of $0.36 per share, which was below the Zacks Consensus Estimate of a loss...
