According to national property broker Redfin, a U.S. homebuyer on a $3,000 monthly budget has lost $33,250 in purchasing power over the last six weeks, with the daily average 30-year fixed mortgage rate rising to 7% on October 28, 2024.
As Americans now head to polling stations across the country, political divisions appear more entrenched than ever.
Sales dropped in three of the four major U.S. regions, while the West saw a slight rebound. Compared to the same month last year, sales decreased in three regions but increased in the West.
According to new data from the Orlando Regional Realtor Association, Central Florida's housing inventory for September 2024 reached 11,560, marking a 0.4% increase from August's figure of 11,511.
Posted on September 26, 2024
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