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#housing-inventory #mortgage-rates #housing-market #median-sale-price #year-over-year-growth
fromtherealdeal.com
3 days ago

Spec Palisades manse gets $24M haircut as it hops back into market

As construction activity revs up in the Pacific Palisades, so too do signed contracts and new listings. The neighborhood held the No. 1 spot among Los Angeles County signed contracts and listings, according to the Eklund Weekly Luxury Report Los Angeles. The priciest home to be added to the county's for-sale inventory, according to the Eklund report, was 766 Paseo Miramar. That represented a relist as it bounced back into the market with a $30 million price tag, or $1,630 per square foot.
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fromwww.housingwire.com
1 month ago

Weekly home sales look stronger than normal, but there's a catch

Housing demand shows modest year-over-year growth, with abnormal pending-sales and new-listings spikes likely to normalize while price-cut percentages remain stabilized below 2022.
Real estate
fromwww.housingwire.com
2 months ago

Lower mortgage rates pushed inventory lower in August

Declining mortgage rates beginning mid-June coincided with an unexpected August inventory decline and reduced year-over-year inventory growth despite rates remaining above 6%.
Real estate
fromwww.housingwire.com
3 months ago

Lower mortgage rates driving housing demand

Purchase application activity shows recent weekly gains but strong year-over-year growth largely reflects recovery from historic lows in new listings.
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