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January 15 2025
Reef Daily
Reef Daily | January 15 2025
Housing Market Update
Latest Market Data (January 15, 2025)
- Annual US inflation rose to 2.9%, with core inflation showing signs of stabilization
- Freddie Mac Multifamily volume reached $66 billion in 2024, up 34% year-over-year, supporting over 507,000 affordable rental units
- Hamptons real estate market shows strong activity with 21 listings going into contract, a 133% increase year-over-year
- Kearny, NJ reported 16 home transfers between January 6-12
Mortgage Rates
Current rates as of January 15, 2025:
Type | Today's Rate | Last Week's Rate |
---|---|---|
30-year fixed | 7.13% | 7.02% |
15-year fixed | 6.29% | 6.28% |
5/6 ARM | 7.29% | 7.35% |
Rates have climbed to their highest level in seven months
Future Forecasts The Fed's policy committee has indicated fewer rate cuts for 2025, projecting only two reductions instead of the previously predicted four
Notable Transactions
Commercial Highlights
- Kering and Ardian signed investment agreement for prime real estate assets in Paris
- Tether announced construction of new Tether Tower in San Salvador
Regional Activity
- Northeast: Hamptons saw $48 million in transaction volume, with 29 new listings coming to market
- West: Los Angeles area experiencing significant disruption due to severe weather conditions affecting property viewings and transactions
Market Indicators
Inventory Trends Hamptons market data shows current inventory of 1,734 total listings:
- 1,290 Active Listings
- 444 In Contract Listings
Regional Developments
Northeast
- Hamptons luxury market showing strong recovery with 2 transactions between $5-10M and 2 between $3-5M
West
- Los Angeles region facing challenges due to severe weather conditions and fires affecting property showings and closings
South
- El Salvador seeing increased commercial development activity with announcement of major construction project
Sources
- hamptons.com
- nj.com
- blockchain.news
- timesofindia.indiatimes.com
- investopedia.com
- moneyfactscompare.co.uk
- investing.com
- investopedia.com
- creativeloafing.com
- nybooks.com
- businesswire.com
- financefeeds.com
- manilatimes.net
- hklaw.com
- cnbctv18.com
- concordia.ca
- us.acrofan.com
- reuters.com
- aap.com.au
- tradingview.com
- themalaysianreserve.com
- manilatimes.net
- mining.com.au
- wsj.com
- news.paddypower.com
- manilatimes.net
- reuters.com
- mortgagebusiness.com.au
- mpamag.com
- mpamag.com
- financialexpress.com
- hklaw.com
- manilatimes.net
- people.com
- kalingatv.com
- republictimes.net
- philstar.com
- patch.com
- yourobserver.com
- dailynews.lk
- ndtvprofit.com
- nj.com
- businesstoday.com.my
- philstar.com
- finance.yahoo.com
- azernews.az
- moneycontrol.com
- financialexpress.com
- moneycontrol.com
- blockchain.news
- timesofindia.indiatimes.com
- economictimes.indiatimes.com
- reuters.com
- solarquarter.com
- ndtvprofit.com
- news.sky.com
- aol.com
- orangeobserver.com
- dallasinnovates.com
- theindependent.sg
- boston.com
- marketsmojo.com
- coolest-gadgets.com
- financialexpress.com
This newsletter is for informational purposes only and should not be considered as financial advice.
© 2025 Reef Insights. All rights reserved.
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