MarketWatch: Weekly Real Estate Update for Riverdale, Bronx – 12/29/2025 – 1/5/2026

Did You Know?

DID YOU KNOW?

* US asset managers (who have some aspects in common with professional real estate advisors!) spent a record amount in 2025 on mergers and acquisitions as industry consolidation accelerated…..$38 billion worth of transactions, more than double the total in 2024, 378 in total, the highest annual total since records began in 1980. The consolidation boom comes as the once fragmented industry steps up efforts to build scale amid thinning margins, rising costs, and growing client demands. (FT+)

* By 2030, 20% of Americans will be 65 or older, and by 2034, older adults will outnumber children for the first time (Census Bureau). This year, the oldest baby boomers turn 80. Will a ‘silver-tsunami’ of inventory of homes of elderly owners/sellers enter the market, thereby relieving shortages, and are there enough workers to renovate them? 40% of Babyboomers have lived in their home for 20 years or longer. (Yahoo Finance)

* Enter the replacement for the McMansion: The McModern, the latest iteration of the McMansion. It’s a sprawling, hyper-streamlined house with a flat roof, perpendicular white walls, large expanses of glass, and cantilevered platforms, often overlooking a vista. But like its predecessor, it often lacks the careful intentionality of its source material. (ARCHITECTURAL DIGEST)

Mortgage Rate Updates:

The average rate on a 30-year fixed mortgage decreased to 6.15% as of December 31st from 6.18% in the previous week, according to data from Freddie Mac. “After starting the year close to 7%, the average 30-year fixed-rate mortgage moved to its lowest level in 2025 this week, an encouraging sign for potential homebuyers heading into the new year.”. source: Freddie Mac

Source: Freddie Mac