National news and local views for the week ending Friday, October 4, 2024

National Real Estate News Inventory keeps building The nation’s active inventory (listed homes excluding those already under contract) rose 3.5% month-over-month (+34% year-over-year) to 941,000. That’s the highest inventory figure since January 2020, but it's still 23% below September 2019 (pre

National news and local views for the week ending Friday, September 27, 2024

National Real Estate News Price growth eases In July, the Case-Shiller national home price index rose just 0.2% month-over-month, while the similarly-constructed FHFA price index posted an even smaller 0.1% MoM increase. After 4 years and 47% cumulative home price growth, supply and demand is be

National news and local views Friday, September 20, 2024

National Real Estate News Fed makes big rate cut! At its September 18 meeting, the Federal Reserve chose to cut short-term interest rates by 50 basis points (that's 0.5% or half a percent) from 5.5% --> 5.0%. That's an aggressive start to the new easing cycle, which on Fed member forecasts could