by Brian Pate | Dec 17, 2024
Federal Reserve Interest Rate Cut: What It Means for the Housing Market The Federal Reserve is widely expected to implement another interest rate cut this week, marking the third consecutive reduction since September. This potential rate adjustment comes as part of...
by Brian Pate | Dec 9, 2024
As of this morning, there are 7,860 active listings in the sixteen-county base area of the MLS in the Raleigh real estate market. That is down from over 8,000 active listings from late September 2024 through the end of November. These stats include data from the...
by Brian Pate | Dec 2, 2024
Analysts from Apollo Global Management have forecasted a significant 10.8% increase in U.S. home prices for 2025, marking the most optimistic prediction among 16 different models, which average a 3.5% rise. This bullish outlook contrasts with historical data showing...
by Brian Pate | Dec 2, 2024
The real estate market continues to evolve, as highlighted in the National Association of Realtors (NAR) 2024 Profile of Home Buyers and Sellers. This annual report, which has been published since 1981, offers a snapshot of home-buying and selling trends based on...
by Brian Pate | Dec 2, 2024
For consumers buying a home in the U.S. housing market, there’s been a big shift recently: the difference in price between newly built homes and older homes is getting smaller. In the past, buyers often paid more for a brand-new home. Now, that extra cost is starting...