August 25, 2023

Real Estate News in Brief for August 25 th

This was sent to me and I thought it contained some great information for all of you to read. (YoY =Year over Year, MoM = month over month) It was a rough week for would-be buyers and real estate professionals: 30-yr mortgage rates approached 7.5%, existing home sales dropped to 4.07 million units SAAR, and new purchase mortgage applications fell to 1995 levels. But keep your head up, because...

Compare listings

Compare
Mary Cockburn - 5 Star Real Estate Agent serving Edgewood, Albuquerque, & East Mountain