Author Archives: leonardrealestategroup

HOMEBUYERS NATIONWIDE GAINING MORE PURCHASE POWER via themreport.com—According to new Redfin report, a homebuyer on a $3,000 monthly budget has gained nearly $40,000 in purchasing power since mortgage rates peaked this past fall. Redfin estimates that a $3,000 monthly budget will … Read More

EXISTING HOME SALES SLIP IN DECEMBER via realtor.com—Existing home sales slipped in December. Sales fell 1% from November to a pace of 3.78 million, which trailed the year-ago pace by 6.2%. Mortgage rates tumbled from late October through the end … Read More

  WEEKLY HOUSING TRENDS via realtor.com—This past week, the housing market showed signs of picking up, with the nation’s median listing price and the available inventory of homes for sale climbing year-over-year. Though inventory remains below the 2023 peak, seller … Read More