A Market Finding Its Footing

January brought more of the same market conditions we saw in 2024—mortgage rates hovering near or above 7%, rising inventory, and prices holding steady with modest growth. However, one key difference has emerged: more people seem to have accepted that interest rates aren’t changing significantly anytime soon. This is our market environment, and it’s likely here to stay for the foreseeable future.

“In some ways, that brings stability—decisions become more complex when too many unknowns exist. We expect mortgage rates to remain steady, while price growth has stabilized,” says Amanda Snitker of the DMAR Market Trends Committee. This shift means those waiting for the perfect conditions to buy or sell are stepping back, while those with a strong need or desire to move are taking action. They recognize that holding out won’t change the market—only delay their plans.

A couple were drawn to the seclusion of Red Hook, and then delighted by the close-knit community they found when they moved there.

A midcentury home in Los Angeles, a house with ocean views in Bodega Bay and a contemporary home in Palm Desert.

Once your apartment is no longer rent stabilized, there are laws that can protect you from eviction and unreasonable increases.

Real estate brokers Tal and Oren Alexander, along with their brother Alon Alexander, are charged with drugging and assaulting multiple women.

The six-bedroom home in Los Angeles, where the family’s reality TV show was filmed for more than a decade, is being listed for $13.5 million.

A couple lived in a three-story house on a double lot in Portland, Ore. But they wanted a smaller house on one level, so they built it right next door.

The Canadian island in the Gulf of St. Lawrence offers a mix of rustic cabins, modern townhouses and classic saltbox houses.

The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in their destroyed homes.

The jazz legend lived in the five-story building on West 139th Street as a teenager with her mother.

After years of renting “typical shoebox Manhattan apartments,” a young couple went looking for a co-op unit they could buy. Here’s what they found.

A study compared the cost of the cheapest seat at Sunday’s game to a typical monthly mortgage payment in 50 major U.S. metros.

After the wildfire comes the emotional toll of listing every object inside a destroyed home.

This week’s properties are in Lenox Hill, Murray Hill and Clinton Hill.

This week’s properties are a three-bedroom in Glen Cove, N.Y., and a five-bedroom in Cinnaminson, N.J.

Travel to Connecticut where Craig Melvin has filled his home with memories of his childhood and is making new ones with his own family.

A Federal-era home in Middletown, a wood-shingled house in Seattle and a 100-year-old brick house in Dallas.

The neighborhood is likely to grow more expensive and exclusive as millionaire Angelenos demand a fast-track recovery.

Check out these great February Events!

February 1st-28th: Black History Month

They can be restored, recovered, repurposed and more. You can also use these techniques to customize new furniture.