Mortgage rates have had a wild ride since Fed Chair Jerome Powell started talking at the Fed press event Wednesday, rising 15 basis points today. However, I think the bond market responded appropriately after the Fed meeting, and on Thursday morning. Why? Even though the Fed lowered rates, the tone of the press conference was not overly dovish. Additionally, economic data has shown improvement in...
Household income in the U.S. rose slightly in 2024, but the picture looks very different depending on where you live. The national median income reached $83,730 last year, up 1.3% from 2023, according to a new report from online fintech company SmartAsset. That modest increase failed to keep pace with the roughly 3% inflation rate, meaning that many households effectively lost homebuying power. But...
While it may seem that the real estate industry is constantly overwhelmed by new technology tools, the most popular tool among Realtors remains eSignature, according to the National Association of Realtors’ (NAR) 2025 Technology Survey released Thursday. NAR’s data showed that 79% of survey respondents use eSignature, closely followed by the 75% who reported using social media. Other popular...
Los Angeles is full of gleaming new mansions with walls of glass, infinity pools, and every gadget you can imagine. But while the latest builds might dazzle with square footage and tech, they often lack the kind of personality you’ll find in a home that’s been standing for nearly a century. For architecture lovers and history buffs alike, L.A.’s older estates offer something more enduring: a...
Doing business with friends or family can get complicated. Here's what a professional real estate agent wants you to know before you seal the...
An equine veterinarian who recently moved to northern Westchester County, New York, found a home with charming details but a dated primary bathroom. She brought in Curated Nest designers Erin...
This suburban Boston family wanted to refresh its dated 1990s kitchen and improve function within the historic 1891 home. The original space included wood cabinetry with dark green trim tucked beneath a plaster soffit, plus a table and chairs but no island.After the...
Image Uma Moriarity says REITs have historically outperformed private real estate when Fed starts to cut...
While the industry enjoyed a solid start to 2025, travel patterns have slowed in recent months, analysts...
The Federal Reserve lowered interest rates for the first time in nine months this week, trimming its benchmark federal funds rate by a quarter percentage point to a range of 4% to 4.25%. The widely expected move comes as policymakers seek to ease borrowing costs that have strained households and businesses across the economy. The decision, backed by Fed Chair Jerome Powell and 11 members of the Federal...
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