Key West

Active Home Listings For Sale in America Fell to a Record Low in May

According to national property broker Redfin, the number of homes for sale in the U.S. fell 7.1% year over year to 1.4 million on a seasonally adjusted basis in May 2023. That's the lowest level in Redfin's records, which date back to 2012, and the first annual decline since April 2022.

Buyers Pay More for Homes Painted in Darker Moody Colors in 2023

Zillow is reporting this week that U.S. homebuyers are saying goodbye to bland and bidding more on homes with dusky, dramatic walls. 

Mortgage Rates in U.S. Slightly Dip in Mid-June

Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.69 percent as of June 15, 2023.

Home Asking Rents Dip in the West, Yet Rise in Eastern U.S.

According to Redfin, the median U.S. asking rent fell 0.6% year over year to $1,995 in May 2023 -- the largest annual rent decline since March 2020. That compares with a near-record 16.5% increase one year earlier. May's drop also represented the first annual decline since March 2020 on a revised basis. The median asking rent rose 1.4% from a month earlier in May.

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