NWSLV News: Mortgage Lock-In Effect Shows Signs of Easing as New Listings Increase - 3rd Oct 2024, 8:00pm

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Newly listed homes increased by 11.6% YOY and actively listed homes rose 33.9% YOY, according to Realtor.com® September Housing Report

SANTA CLARA, Calif., Oct. 3, 2024 /PRNewswire/ -- Sellers got moving as mortgage rates notably hit a 24-month low following the Federal Reserve's jumbo rate cut of 50 bps in September. According to the Realtor.com®September Housing Report, newly listed homes increased by 11.6% compared to last September, yielding a significant reversal from the 0.9% decrea...

>>> Read more: Mortgage Lock-In Effect Shows Signs of Easing as New Listings Increase
 
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