Welcome to The Rossetti Realty Market Update. If you’re considering buying or selling residential real estate, it’s essential to understand the current market trends. According to MLS Listings, the marketplace for San Francisco residential properties here’s what happened in July 2023 versus June 2023: The Number of SOLD listings decreased by 30% to 269 properties, […]
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In our quest to make sense of economic news, you’ve probably heard mentions of the Federal Reserve or “the Fed,” but what exactly is it, and why should you, as a real estate enthusiast, care about its actions? Let’s dive in and demystify this integral component of the American economic landscape. The Federal Reserve: The Puppet […]
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This shortage of available homes for sale has been exacerbated by the impact of the COVID-19 pandemic and high mortgage rates, creating challenges for both homebuyers and sellers. This article will explore the factors contributing to this decline and the implications for individuals navigating the current housing market landscape. The Impact of the Pandemic: The […]
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In a surprising move last Wednesday, the Federal Reserve opted to hold the line on its benchmark interest rate, maintaining it at approximately 5.1%. This decision stands as the first pause following ten successive rate hikes aimed at reining in spiraling inflation. This strategic pause implies that the Federal Reserve is confident that the borrowing […]
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