Numbers to know: Is the Fed having second thoughts about rate cuts?

Inflation, combined with September’s strong jobs report, suggests that the Fed might be rethinking how quickly to cut the Federal Funds Rate, says Windermere’s Principal Economist Jeff Tucker. Continue reading

Would-be homebuyers put off by higher mortgage rates

Demand for purchase mortgages fell by a seasonally adjusted 7 percent last week, and requests to refinance were down 26 percent as mortgage rates continued to climb, MBA survey finds. Continue reading

$195M Bel-Air megamansion returns to the market

Built in 1937 by famed architect James E. Dolman, Casa Encantada is considered one of the most iconic estates in Los Angeles and possibly the entire country, according to the property’s listing. Continue reading

Trump, Harris housing policies emerging from the rhetoric

Housing policy has gotten short shrift in the debates, with a tight focus on immigration and inflation. But the candidates’ platforms — and Project 2025 — provide more details. Continue reading

Recent survey highlights housing priorities ahead of 2024 election

According to the survey, approximately 41.6 percent of U.S. homeowners believe that Donald Trump is best suited to maintain high home values, while 35.3 percent favor Kamala Harris for this role. Although homeowners generally see high home values as be… Continue reading

Election anxiety is keeping first-time homebuyers at bay: Redfin

Nearly a fourth of first-time homebuyers are delaying their plans due to election anxiety, according to Redfin’s latest market analysis published on Tuesday. The Seattle-based portal teamed with market research company Ipsos to survey 1,802 homeowners … Continue reading

Hispanic, Black homeowners are narrowing home value gap: Zillow

The typical Hispanic-owned home is now valued 11.9 percent below that of a non-Hispanic white-owned home, the smallest property value gap on record, according to a Zillow analysis released Monday. Continue reading

The cost to save NYC’s birds from the threat of windows? 50% more

This new legislation, introduced by council members Tiffany Cabán and Shaun Abreu, aims to address the risks posed by older buildings that were not covered by Local Law 15 and prevent bird collisions, which account for the death of approximately 250,00… Continue reading

Is kindness really contagious? A desert community seeks answers

Nestled in Hesperia, a city in California’s San Bernardino County boasting around 100,000 residents, the development known as Silverwood isn’t merely adding 15,000 houses to the dry terrain — it aims to bring life and kindness to the desert, Continue reading

6-step listing launch plan that’s just right for today’s market

The better your listing marketing plan, the better the results, and the more listing opportunities you will have in the future. Jimmy Burgess offers a step-by-step strategy for winning now. Continue reading