MarketWatch: Weekly Real Estate Update for Riverdale, Bronx – 11/17/2025 – 11/24/2025
Let’s see what the market’s doing this week in the Riverdale area of the Bronx.
Did You Know?
DID YOU KNOW?
* Are we in a structural goods recession? Van truckloads were down 3% compared to September, and 11% YOY. Refrigerated truck loads were down 2% month over month, and 7% YOY. Flatbed truck loads were down 4% month over month and 3% YOY. The reduced level of dry van and temp-controlled loads that are moving now through the supply chain are goods moving from distribution centers to retailers. The causes of the trade decline range from weakness in housing and manufacturing to energy costs, and shippers pulling forward imports earlier in the year and building inventories to reduce tariff impacts as well as a convergence of tariff uncertainty, frozen housing markets, and a fundamental shift in consumer spending away from physical goods. A 16.6% YOY decline for U.S. imports in December is anticipated, after a 12% decline in Q3. The notable drop in imports contributed to a 23%-plus decline in the US’s trade deficit. (CNBC)
“Your stories and hugs are traditions
worth more than any turkey.”
* Zillow is facing a growing list of lawsuits. The FTC and 5 states are challenging Zillow and Redfin’s $100 million multifamily syndication pact. Regulators say the agreement undercut direct competition and encouraged Redfin to wind down its rentals platform. Another class-action complaint focuses on how the company uses its Flex program and listing rules, and the plaintiffs argue that certain agents and teams are harmed by the structure. CoStar is pressing a copyright suit claiming Zillow lifted tens of thousands of proprietary images.
“Zillow is under siege.”
– Andy Florance, CoStar
* Both Chicago and San Antonio’s MLS’s h
ave a private listings network. Policing private listings in Texas is difficult as it is a non-disclosure state, meaning the final sale price of a real estate transaction is not made public record. This information is kept private between the buyer, seller, and their agents. Besides Texas, Alaska, Idaho, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, Utah, and Wyoming are also non disclosure states.
Mortgage Rate Updates:
The average rate on a 30-year fixed mortgage rose to 6.26% as of November 20th, 2025, rebounding further from the lowest since early October 2024 of 6.17% seen three weeks ago, according to a survey of lenders by mortgage giant Freddie Mac. “Mortgage rates have been shifting within a narrow ten-basis point range over the last month. This rate stability is a positive sign for both buyers and sellers, as it helps provide greater certainty in the housing markets,” said Sam Khater, Freddie Mac’s chief economist.
Source: Freddie Mac
