Market Updates
Today's Market News:Rates Return to Mid-2025 LevelsAfter another failed ceasefire in the Iran war, oil prices increased, pushing bond yields and mortgage rates higher.According to Mortgage News Daily, the average rate for a 30-year fixed-rate loan increased by 6 basis...
Market Updates
Today's Market News:Do Data Centers Make Good Neighbors?The appearance and construction of new data centers — buildings that provide homes for data storage and servers — often causes concerns for their potential neighbors, and the agents who assist them with buying...
Market Updates
Today's Market News:Consumer Prices Rise Slightly During JulyThe Consumer Price Index rose 0.1% in July after falling 0.4% in June, according to the most recent Bureau of Labor Statistics report. Over the last 12 months, the all-items index is up 3.4%, a slight...
Market Updates
Today's Market News:Seller Price Cuts Keep Buyers InterestedEven though higher mortgage interest rates continue to challenge buyers, sales price adjustments are helping keep the purchase market moving during the summer season.According to Realtor.com's July Monthly...
Market Updates
Today's Market News:New Listings Increase, Pending Home Sales FallThe summer real estate market continues to be a mixture of positive and negative data. New listings inched up week-over-week, but they're near their lowest level since the start of 2026. Still, there...
Market Updates
Today's Market News:Pending Home Sales SlippingAs weekly mortgage rates rose, some house hunters backed off, causing pending home sales to fall 2.2% week-over-week during the four weeks ending July 12th. This was the first decline in a month.Other factors contributed...
Market Updates
Today's Market News:Interest Rates Rise to Highest Level in 11 MonthsLast week's mortgage rates rose to 6.65%, which is the highest level since August 2025. This, combined with rising home prices, resulted in fewer prospective home buyers applying for financing.Total...
Market Updates
Today's Market News:At Last: The Return of the Balanced MarketCNBC's latest Housing Market Survey included some positive news: after years of challenges, agents are seeing more balance in their markets.44% of real estate agents who responded to the survey said they...
Market Updates
Today's Market News:Happy 250th Independence Day!The spirit of freedom lives on, in our country and in our hearts. May your July 4th celebrations bring you together with family and friends as we remember the history of our country.Home Prices Hit Record High in...
Market Updates
Today's Market News:Affordable Housing Bill Reaches Final LapEarlier this week, the U.S. House voted 358-32 in favor of the 21st Century ROAD to Housing Act — a bill expected to lower costs for homebuyers and limit investors' buying power in the single-family...
Recent Comments