Latest / Oakland News Today | 2 Min News | The Daily News Now!
Housing Prices Drop as Sellers Adjust | Oakland News
The Fed holds rates steady, sparking a dramatic housing market shift: median home prices plunge 2.5% year-over-year to $430K—the biggest drop since 2017, marking eight straight months of decline. Sellers are pricing realistically, buyers are responding with offers, and homes are sitting on the market 53 days—unchanged from last year—while pending sales rise. Despite stubborn mortgage rates around 6.5%, a new equilibrium is forming as sellers step in and buyers gain some relief. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.