Last Week in Real Estate
It was a busy week in Sun Valley for real estate, and after a slow start to 2025 the numbers picked up. With limited snow (and not much in the forecast – we could use some attention, Mother Nature!), we’ll see if people focus a bit more on real estate than they otherwise would the last few days of January.
My 2024 Luxury Report, which focuses on activity in the higher end of the market, is now available. It uses $3.5M as a baseline for North Valley residential real estate, and $1.5M as a baseline in the South Valley. I hope you enjoy it and, as with my comprehensive year-end report, if there’s anything in there you want to discuss please just reach out!
Finally, as it is Martin Luther King Day today, you might be interested to learn more about the pursuit of his assassin, which turned into the biggest manhunt in US history. It’s a fascinating saga.
Last Week’s Pending Properties | Last Week’s Sold Properties | Newest Listings
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January 13th 2025 Weekly Real Estate Update
The Week in Real Estate With the market off to a slow-ish start in 2025, it's a good time to look at our extensive 2024 Market Report to review the activity in our various areas. I would love to answer any questions you have about the report and how last year's numbers might impact this [...]
Where are interest rates on mortgages, CDs and credit cards heading in 2025?
The Federal Reserve has cut its short-term bank borrowing rate by 100 basis points since mid-September. But mortgage rates have refused to budge lower. When will the mortgage rates buckle and by how much? No one knows with certainty but a good estimate is for 6% to 6.5% by midyear. Read More Here - Lawrence [...]