Santa Fe Real Estate News
Santa Fe
U.S. Home Prices Cooling Faster Than Normal in November
Based on the latest Zillow market report for November 2023, monthly costs for a new mortgage are falling, inventory is trending back toward normal, and price cuts are uncharacteristically common.
Biden Has a Housing Problem Which Hurts His 2024 Re-Election Bid
National property broker Redfin says there are new signs pointing to a shift toward a buyer's market in 2024, as pandemic-driven inflation takes its last gasps, mortgage rates come down and more people list their homes for sale.
Zombie Properties in U.S. Increase 15.3 Percent Annually in Late 2023
According to ATTOM's newly released fourth-quarter 2023 Vacant Property and Zombie Foreclosure Report, almost 1.3 million (1,294,505) residential properties in the United States are vacant.
U.S. Mortgage Rates Rise Seven Straight Weeks
Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.79 percent as of October 26, 2023.
