MarketWatch: Weekly Real Estate Update for Riverdale, Bronx – 10/13/2025 – 10/20/2025
Let’s see what the market’s doing this week in the Riverdale area of the Bronx.
Did You Know?
DID YOU KNOW?
* Why is the gold price soaring in what is a pretty healthy and growing economy? What makes this time around so much more notable is that all the other instances of gold outperformance happened in bear markets for stocks or during major economic crises.
* About 990,000 older adults were living with unrelated housemates or roommates in 2023, which is up 8.8% since 2021, and more than double the number two decades ago. (WSJ)
“Rising prices create their own
excitement. While people like to get in on
things that have been rising in price, over
time, that has not been the way to get
rich.”
– Warren Buffet
Mortgage Rate Updates:
The average rate on a 30-year fixed mortgage eased to 6.27% as of October 16th, 2025, down from 6.30% in the previous week and marking the second straight weekly decline, according to a survey of lenders by mortgage giant Freddie Mac. “Mortgage rates inched down this week and have held relatively steady over the past several weeks. Importantly, homeowners have noticed these consistently lower rates, driving an uptick in refinance activity. Combined with increased housing inventory and slower house price growth, these rates also are creating a more favorable environment for those looking to buy a home,” said Sam Khater, Freddie Mac’s chief economist.
Source: Freddie Mac
