Local News & Advice
![A record number of homes are worth …](https://assets.thesparksite.com/uploads/sites/5014/2024/08/Record-Number-of-Homes-Worth-1-Million-APF-Group-Los-Angeles-Luxury-Real-Estate-Specialist-500x300.png)
A record number of homes are worth …
8.5% of U.S. homes are worth $1 million or more, the highest share of all …
![“The time has come for policy to …](https://assets.thesparksite.com/uploads/sites/5014/2024/08/unnamed-4-500x300.jpg)
“The time has come for policy to …
With those words, Fed Chair Jerome Powell confirmed that the Fed will cut interest rates at its …
![Realtor.com updates housing forecast](https://assets.thesparksite.com/uploads/sites/5014/2024/08/Updates-housing-forecast-APF-Group-Los-Angeles-Luxury-Real-Estate-Specialist-500x300.jpg)
Realtor.com updates housing forecast
Realtor.com has just published its mid-year national housing and economic forecast update. Here are the key takeaways: …
![Existing home sales fall](https://assets.thesparksite.com/uploads/sites/5014/2024/08/Existing-home-sales-fall-APF-Group-Los-Angeles-Luxury-Real-Estate-Specialist-500x300.png)
Existing home sales fall
In July, sales of existing homes fell 2% year-over-year to a seasonally adjusted annual rate of 4,094,991, …
![Great news on inflation!](https://assets.thesparksite.com/uploads/sites/5014/2024/08/unnamed-3-500x300.jpg)
Great news on inflation!
Headline CPI Inflation declined to 2.9% year-over-year, the lowest level since March 2021. However, it …
![Mortgage refinance demand jumps](https://assets.thesparksite.com/uploads/sites/5014/2024/08/unnamed-2-500x300.jpg)
Mortgage refinance demand jumps
Applications to refinance a home loan, which are most sensitive to weekly rate changes, jumped 16% …
![Mortgage rates plunge to lowest level in …](https://assets.thesparksite.com/uploads/sites/5014/2024/08/unnamed-1-500x300.jpg)
Mortgage rates plunge to lowest level in …
On Monday, the average rate on the popular 30-year fixed mortgage dropped nearly 23 (22.06) …
![Proposed updates to Mortgage Interest Deduction](https://assets.thesparksite.com/uploads/sites/5014/2024/08/unnamed-500x300.jpg)
Proposed updates to Mortgage Interest Deduction
In a recent policy paper, The National Association of Home Builders (NAHB) highlighted an important change …