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New Home Sales Rise in February

In February 2025, sales of new single-family homes in the U.S. rose by 1.8%, reaching an annual rate of 676,000 units. This increase reflects changes in mortgage rates, economic conditions, and builder strategies. The article explores what’s driving the market now and what buyers and developers can expect in the coming months.

23MAR

Homebuyers vs. High Interest Rates

High mortgage rates in the U.S. have significantly impacted the housing market, leading to decreased affordability and altering buyer strategies. As of March 2025, the average 30-year fixed mortgage rate stands at approximately 6.67%, a notable increase from previous years. This rise has resulted in higher monthly payments, pricing many potential buyers out of the market.

16MAR

Spring 2025: Will Home Sales See a Revival?

Despite a sluggish start to 2025, real estate experts expect home sales to rebound this spring. Factors such as falling mortgage rates, increased housing inventory, and demographic shifts are expected to invigorate the market. While challenges such as affordability remain, the upcoming season may offer new opportunities for both buyers and sellers.

San Jose, Santa Clara County

San Jose is a city in Santa Clara County, California. The city is located at 37°20’18”N and 121°53’11”W. According to the United States Census Bureau, the city’s population was 1,015,785. According to the last census, the median income for a household in the city was 91,451. Please visit the city page on my website and you’ll be able to see all real estate data and detailed San Jose statistics.

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San Jose, Santa Clara County@Mountain View, Santa Clara County@Palo Alto, Santa Clara County@Santa Clara, Santa Clara County
/buildings_san_jose_idChIJ9T_5iuTKj4ARe3GfygqMnbk@/buildings_mountain_view_idChIJiQHsW0m3j4ARm69rRkrUF3w@/buildings_palo_alto_idChIJORy6nXuwj4ARz3b1NVL1Hw4@/buildings_santa_clara_idChIJk8EIXIG3j4ARwL_Ao3ykdeQ
San Jose is a city in Santa Clara County, California. The city is located at 37°20'18''N and 121°53'11''W. According to the United States Census Bureau, the city's population was 1,015,785. According to the last census, the median income for a household in the city was 91,451. Please visit the city page on my website and you'll be able to see all real estate data and detailed San Jose statistics. @Mountain View is a city in Santa Clara County, California. The city is located at 37°23'10''N and 122°5'2''W. According to the United States Census Bureau, the city's population was 79,378. According to the last census, the median income for a household in the city was 120,102. Please visit the city page on my website and you'll be able to see all real estate data and detailed Mountain View statistics. @Palo Alto is a city in Santa Clara County, California. The city is located at 37°26'31''N and 122°8'35''W. According to the United States Census Bureau, the city's population was 66,955. According to the last census, the median income for a household in the city was 147,737. Please visit the city page on my website and you'll be able to see all real estate data and detailed Palo Alto statistics. @Santa Clara is a city in Santa Clara County, California. The city is located at 37°21'15''N and 121°57'19''W. According to the United States Census Bureau, the city's population was 122,192. According to the last census, the median income for a household in the city was 108,886. Please visit the city page on my website and you'll be able to see all real estate data and detailed Santa Clara statistics.

I know everything about Real Estate. Contact Me!

Peter Carey

Peter Carey Realty

579 Giant Way San Jose, CA 95127

Email: petercarey@aol.com

Phone: (408) 504-3345, 408 272 3345

I take the time to listen carefully to understand my client’s needs, wants and concerns. I will be ready to take quick action when required and spend more time with those who aren’t quite sure which direction to take. My genuine concern for my client’s best interests and happiness ensures the job is done!

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