Home Prices Grew In August
Tue, 29 Oct 2024 15:23:36 GMT
The Case-Shiller report for August shows a 4.2% annual gain, down from 4.8% annual gain in July.
Homebuyers Lose $33,000 Purchasing Power
Tue, 29 Oct 2024 15:23:01 GMT
A homebuyer on a $3,000 monthly budget can afford a $442,500 home with a 7% mortgage rate, the daily average 30-year fixed rate on October 28. That buyer has lost $33,250 in purchasing power over the last six weeks!
Job Openings Fall
Tue, 29 Oct 2024 15:22:29 GMT
Job openings fell more than expected in September. The data comes as investors closely watch for signs of further cooling in the labor market ahead of the Federal Reserve's next interest rate decision on November 7.
Cheapest Gas In OC Drops 1 Cent
Tue, 29 Oct 2024 15:21:30 GMT
The cheapest gas in Orange County has dropped 1 cent from $3.77 to $3.76 per gallon from $3.72 and can be found at Sam's Club in Fullerton. Berri Brother, ARCO and Thrifty, all in Ananeim, offer gas for $3.77 per gallon.
Weekly Listings Soften
Mon, 28 Oct 2024 14:55:54 GMT
As of October 25th, the inventory of homes available for sale nationwide was 738 thousand, up from 739 thousand last week. Inventory was up 31.2% compared to the same week in 2023.
OC Gas Prices Pop Up
Mon, 28 Oct 2024 14:54:46 GMT
The cheapest gas in Orange County has popped up from $3.72 to $3.77 per gallon from $3.72. Berri Brother and ARCO, both in Ananeim, offers gas for $3.77 per gallon.