Alex Martinez Realty

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United States
Palmdale, CA
Alex Martinez Realty

Providing professional real estate services to buyers and sellers since 2004.

06/18/2023

https://www.realtor.com/news/trends/mortgage-rates-just-dropped-but-home-prices-have-done-something-even-more-extraordinary/amp/

Mortgage rates have just dropped again, plus real estate listing prices also fell—for the first time in six years.

06/07/2023

https://fortune.com/2023/06/06/housing-market-broken-zoning-affordability-millennials-building-tiny-homes-backyard/amp/

It is actually illegal to build anything other than a single-family house on 75% of residential land in American cities.

03/05/2023

https://fortune.com/2023/03/04/housing-market-just-took-another-hit-mortgage-rates-home-price-correction-real-estate/

This week's seasonally adjusted Mortgage Purchase Application Index came in at the lowest level since 1995.

01/21/2023

https://news.yahoo.com/u-existing-home-sales-lowest-150741129.html

U.S. existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious hope that the embattled housing market could be close to finding a floor. The report from the National Association of Realtors on Friday also showed the median house price increasing at the sl...

12/23/2022

https://www.msn.com/en-us/money/realestate/home-sales-plunge-to-great-recession-levels-as-frozen-housing-market-adjusts-to-elevated-mortgage-rates/ar-AA15xdn8?li=BBnb7Kz

Existing home sales were down by more than 35% last month compared to November 2021.

11/03/2022

https://fortune.com/2022/11/02/housing-market-home-prices-correction-crash-updated-map/

Home prices are down 8% in San Francisco.

10/27/2022

https://www.google.com/amp/s/fortune.com/2022/10/22/housing-outlook-cities-where-prices-have-fallen-most/amp/

Home prices have fallen fastest in the West, in cities that already ranked as the nation's most expensive markets before the post-COVID boom rendered them far pricier and especially vulnerable to rising mortgage rates.

07/31/2022

https://news.bitcoin.com/us-personal-consumption-expenditures-tap-record-highs-stanford-economist-says-fed-should-increase-rates-above-9/

John Cochrane, a professor of economics at Stanford University said the Fed should increase rates above 9% to tame inflation.

07/12/2022

https://www.redfin.com/news/housing-markets-cooling-fastest-bay-area-2022/

San Jose, Oakland and San Francisco are among the fastest-cooling housing markets in the U.S. as mortgage rates remain above 5% and the stock market falters, pricing many would-be buyers out of the market. The 10 markets cooling most are all in the western U.S.

07/09/2022

‘Perfect storm’ brewing in the family housing mar…:

Carroll founder and CEO Patrick Carroll says the company has raised rents up to 30% to offset rising interest, renovation and labor costs. Subsc...

07/04/2022

https://fortune.com/2022/07/03/redfin-housing-market-predictions-2022/

Redfin chief economist Daryl Fairweather gives an update on the housing market and what to make of recent drops in demand.

06/27/2022

https://www.cnbc.com/2022/06/27/the-housing-market-slowdown-is-showing-up-in-shipping-data-from-china.html

Importers cut back on lumber, home appliances, and furniture orders from China as the impact of higher mortgage rates shows up in the supply chain.

Address

Palmdale, CA
93551

Telephone

+16617330423

Website

http://www.martinezedge.com/

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