Sangeeta Menon

02/02/2023

Instant Reaction: Mortgage Rates, February 2, 2023. "...the rate on a 30-year fixed mortgage dropped to 6.09% from 6.13% the previous week." ow.ly/f5TK50MIbQk

01/26/2023

57% of respondents reported properties sold in less than one month, down from 61% a month ago and 79% in Dec. 2021. Homes received an average of 2.2 offers, nearly flat from Nov. 2022 when it was 2.3 & down from 3.8 in Dec. 2021.

This report is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners.

01/24/2023

Cover of the NAR Sentrilock Home Showings report
Nationally, Sentrilock home showings were down 20% year-over-year.
Showings declined in every region: Northeast (-30%), Midwest (-33%), West (-19%), and South (-12).
The number of cards, a measure of the number of REALTORS® showing homes, increased by 2% on a year-over-year basis.

10/24/2022

Have a happy and prosperous Diwali! I hope the festival of lights brings you peace and joy. HAPPY DIWALI TO ALL!

10/05/2022

May this Dussehra burn away all the darkness and misery on Earth and bring you joy and prosperity.
Happy Dussehra to all !!

06/02/2022

Over the past 10 years, at the national level, a homeowner who purchased a single-family existing home would have gained $229,400 in home equity if the home was sold at the median sales price of $360,700 in 2021 Q4. Find out more in the Metro Wealth Gains report: http://ow.ly/ou5150Joj5G

05/26/2022

The latest contract signings mark six consecutive months of declines and are at the slowest pace in nearly a decade.

04/29/2022

Multiple offers are still prevalent despite slowing demand and rising mortgage rates. Learn more about key market conditions in the latest REALTORS® Confidence Index.

REALTORS® reported an average of nearly five offers on each home that sold in March, the same as in February and one year ago.

04/29/2022

The world is full of nice people. If you can't find one, be one.

04/15/2022

Happy Vishu. May this day bring prosperity, happiness and joy to you and your family!!

04/02/2022

Happy Gudi Padwa to all !! Happy New Year!

04/02/2022

Happy New Year !! Happy Gudi Padwa to all !!