As of December 30th, 2024, the National Association of Realtors reported a surge in market activity, with pending home sales hitting a 21-month high. After a 15-month summer low, the housing market is rebounding, aligning with economists’ optimistic outlook for 2025.
In November, pending home sales—based on signed contracts—rose 2.2% from the prior month, marking a fourth consecutive increase. Year-over-year, signings are up nearly 7%, reaching their highest level since February 2023.
“Consumers have adjusted to mortgage rates averaging above 6% for two years and are taking advantage of increased inventory,” said Lawrence Yun, NAR’s Chief Economist. “Buyers now have more negotiating power as the market shifts away from a seller’s market.”
Food Obession of the Month
Espresso Martini Fudge
Discover the ultimate way to create silky, melt-in-your-mouth fudge. If you're as obsessed with the classic coffee cocktail as I am, this recipe is about to become your new favorite. Inspired by the iconic espresso martini, this indulgent treat combines rich coffee, decadent chocolate, and a splash of Irish cream liqueur for a flavor match made in heaven. And let’s not forget the charming coffee bean garnish—it’s the perfect finishing touch!
Local Happenings
January 18, 2025 | 8–9:30 PM | The Crow Comedy Club, Santa Monica, CA 90404
Pro-level stand-up comedy for teens 13+! Catch comics from Comedy Central, HBO, and late-night TV performing their best PG-13 sets. Enjoy a free teen open mic at 7 PM with pizza. Don't miss this monthly show!
January 30, 2025 | 7–10 PM | Weary Livers Bar, 2819 Pico Blvd, Santa Monica, CA 90405
Unwind with board games, cards, signature cocktails, and great company at Weary Livers! 21+ only, 1 drink minimum
