MARKET PULSE

Daily RE Intelligence · SGV Edition · Live Data

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Key Rate Indicator
10-YEAR TREASURY YIELD · ^TNX
The Mortgage Rate Predictor
Mortgage rates follow this within 24–48 hrs. Above 4.5% = affordability pressure in SGV. Watch the direction, not just the number.
Homebuilder Stocks — 3–6 Month Leading Indicator
Sustained drops here = builders see demand softening ahead. Watch the trend week over week.
Real Estate ETFs — Institutional Money Flow
Smart money buying RE = bullish signal. Both up = institutions see value.
Broad Market — Buyer Wealth Effect
Market up = SGV move-up buyers feel wealthier and act. Sustained bear market = luxury buyers pause.
Manual Checks — Do These Daily
Check today's 30-yr mortgage rate
Updated every morning — mortgagenewsdaily.com. Even a 0.125% move shifts buyer qualification. Note vs. yesterday.
RATES
Check CME FedWatch — rate cut odds this meeting?
Market bets on Fed moves → CME FedWatch Tool. Cut expected = rates may ease soon. Forward-looking signal.
RATES
Wednesday: MBA Mortgage Application Volume
Released every Wednesday — FRED mortgage application volume. Falling apps = fewer buyers in your pipeline in 30–60 days. Also check HousingWire same day for the writeup.
ECON
Redfin Weekly Housing Market Update
Pending sales, touring activity, offer competition — redfin.com/news. Very actionable for buyer conversations.
ECON
New listings & price reductions in SGV zip codes
Pull MLS or Zillow for Alhambra, San Gabriel, Temple City, Arcadia, Rosemead, Monterey Park. Multiple price cuts = softening micro-market.
LOCAL
C.A.R. LA County inventory — months of supply?
car.org/marketdata — Under 2 months = seller's market. Over 5 months = buyer's market. Know this number weekly.
LOCAL
Scan HousingWire + Calculated Risk (5 min)
housingwire.com · calculatedriskblog.com — Most signal-rich RE industry sources. Keeps you ahead of clients and attorneys.
NEWS
Review probate pipeline — any deadlines this week?
Check Cloze CRM. Court hearings, offer deadlines, NOPA windows? Probate timelines are rigid — calendar as hard blockers.
LOCAL
Signal Decoder

BULLISH SIGNALS

  • 10yr yield ↓ Mortgage rates falling
  • LEN/DHI ↑ Builders see demand ahead
  • MBA apps ↑ More buyers qualifying
  • VNQ/IYR ↑ Institutions buying RE
  • Inventory ↓ More seller competition
  • CPI < 3% Fed cuts on horizon

BEARISH SIGNALS

  • 10yr yield ↑ Mortgage rates rising
  • LEN/DHI ↓ Builders pulling back
  • MBA apps ↓ Fewer buyers in pipeline
  • VNQ/IYR ↓ Institutions exiting RE
  • Price cuts ↑ Sellers losing leverage
  • SPX < -10% Wealth effect cooling