September saw a notable increase in home purchase contract signings, signaling a potential recovery in the housing market following a sluggish summer. The National Association of REALTORS® (NAR) reported a 7.4% rise in its Pending Home Sales Index from August, with a 2.6% increase compared to the previous year.
“Contract signings increased as buyers capitalized on lower mortgage rates and more inventory options,” stated NAR Chief Economist Lawrence Yun. The West experienced a nearly 10% rise in pending sales. Yun anticipates further gains if job growth continues, inventory levels rise, and mortgage rates stabilize.
Food Obession of the Month
Tiramisu Dip
When you’re craving the rich, creamy flavors of tiramisu but need a quick fix, this Tiramisu Dip delivers all the indulgence in just 10 minutes. With smooth mascarpone, espresso, and a dusting of cocoa, it’s the perfect treat for dipping cookies, fruit, and more.
Local Happenings
November 16, 2024 | 2–3:30PM | Santa Monica Playhouse, 1211 4th Street, Santa Monica, CA 90401
Celebrate the 30th anniversary of the beloved Rudie-DeCarlo musical, a heartwarming twist on the classic tale that shows true beauty shines from within. Join Beauty on her enchanting journey of kindness and humor in this family-friendly performance, perfect for all ages.
November 22, 2024 | 8–10PM | Under the Big Top, Santa Monica Pier, Santa Monica, CA 90401
Experience *KOOZA* by Cirque du Soleil at the Santa Monica Pier! Enjoy high-flying acrobatics, dazzling costumes, and live music in this return to classic circus magic. Don’t miss the daring acts and captivating characters that have mesmerized millions since 2007.
