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Market Trends
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Lesley Collins
May 19
Kevelyn Guzman on leadership, growth and navigating change
Kevelyn Guzman, 2024 Woman of Influence and Regional Vice President at Coldwell Banker Warburg, shares leadership insights on trusting your instincts, navigating uncertainty and supporting agents thro
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Mortgage rates surge to highest level since July
Mortgage Rates
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CNBC
May 19
Mortgage rates surge to highest level since July
Mortgage rates continued to move higher Tuesday on uncertainty over the war with Iran. They are at the highest level since last July.
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Mortgage Rates
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Neil Pierson
May 19
Can the housing market weather the storm as mortgage rates climb past 6.7%?
HousingWire Data shows 30-year conforming rates at 6.77%, FHA at 6.33% and jumbo at 6.89% as the 10-year yield rises amid Iran conflict.
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Pending Homes Sales See 1.4% Bump in April
Market Trends
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U.S. News & World Report
May 19
Pending Homes Sales See 1.4% Bump in April
The report from the National Association of Realtors suggests a slight thawing in the housing market this spring.
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Home Depot Reports Stronger Sales As Smaller Home Projects Offset Renovation Pullback
Mortgage Rates
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International Business Times
May 19
Home Depot Reports Stronger Sales As Smaller Home Projects Offset Renovation Pullback
Home Depot reaffirmed its full-year guidance after reporting nearly 5% sales growth during a quarter marked by economic uncertainty, elevated mortgage rates and geopolitical tensions.
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The ‘balcony inspection’ law’s impact on L.A.’s lagging condo market
Market Trends
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Los Angeles Times
May 19
The ‘balcony inspection’ law’s impact on L.A.’s lagging condo market
'Thoughtful adjustments to implementation of SB 326 and communication with lenders could help restore balance to this segment of the housing market,' writes an L.A. Times reader.
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Mortgage Rates Today, Tuesday, May 19: Still Trending Higher
Mortgage Rates
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NerdWallet
May 19
Mortgage Rates Today, Tuesday, May 19: Still Trending Higher
Mortgage rates went up eight basis points today as markets react to tensions in Iran.
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This burnt-out 3-bedroom in Torrance sold for over $1 million. Welcome to California's housing market
Market Trends
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Los Angeles Times
May 19
This burnt-out 3-bedroom in Torrance sold for over $1 million. Welcome to California's housing market
Your morning catch-up: Housing market woes, a shooting at the San Diego Islamic Center and more big stories
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When could mortgage rates drop close to 5% again? Here's what three experts predict.
Mortgage Rates
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CBS News
May 19
When could mortgage rates drop close to 5% again? Here's what three experts predict.
Planning to buy or refinance a home? Here's when experts think mortgage rates could decline substantially again.
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Home Depot flags choppy demand for large remodels as housing affordability bites
Market Trends
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Spokane Spokesman-Review
May 19
Home Depot flags choppy demand for large remodels as housing affordability bites
Home Depot said on Tuesday Americans were scaling back large remodeling projects as they grapple with mounting macroeconomic uncertainty and a subdued housing market strained by affordability pressure
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Market Trends
B
Brooklee Han
May 18
Google brings real estate listings back to mobile search
Real estate listings are back in Google mobile search in select cities, powered by HouseCanary, with CRMLS and eXp feeds.
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Mortgage Rates
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HousingWire Automation
May 18
ONE Sotheby’s International Realty expands into New Jersey
The move connects two family-led affiliates and creates a new luxury real estate corridor stretching from Florida’s into the Northeast.
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