Here’s What To Expect In The Housing Market This Year
The 30-year fixed-rate mortgage averaged 6.27% as of last week, according to data released by Freddie Mac. That’s down 4 basis points from the previous week. Rates have dropped for the sixth week in a row. Rates were last at this level in mid-September. Last week, the 30-yr was at 6.31%. Last year, the 30-year was averaging at 3.05%.(Full Story)
Stocks Rally On December Jobs Report
The Labor Department's final jobs report of 2022 showed the U.S. economy added 223,000 payrolls last month while the unemployment rate fell to 3.5%. Economists had expected readings of 200,000 and 3.7%, respectively. The S&P 500 jumped 1.7%, while the Dow Jones Industrial Average added 550 points, and Nasdaq advanced 1.5%. (Full Story)
Should I Sell My House Now? Consider These Factors First
Making the decision to sell you home is hard enough, but knowing if now is the time to list it is a whole other level of calculus. While the market has a significant impact on the sale of your home, it’s not the only factor to consider. It’s also important to evaluate your own personal situation and reasons for selling. (Full Story)
The Martin Eiden Team's State of the Market Event
Wondering what the current state of the real estate market looks like right now? As we head into this new year, we wanted to give you an full update on all things Real Estate so you are equipped with all the tools you need to make informed decisions in this 2023 market.
We are partnering with Block: a home renovation platform that helps you design, plan, and build all in one place. If you are planning a home reno, use Block to get an on-site estimate of costs before you even start. Plus use offer code APKSTEPTXU to get $500 off your materials purchase. Click here for more info.
Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.