Here is your real estate news for Wednesday, July 16th.
Today’s Real Estate News (July 16, 2025):
Homebuyers Broaden Their Search
In Q2 2025, nearly 59% of online home searches were outside buyers’ local metros—up from under 50% in 2019. San Jose leads this trend, with over 90% looking beyond local listings. Major metros like Boston, New York, and Chicago are experiencing notable out-of-area interest.
Manufactured Housing Gains Investor Appeal
Industry experts signal a growing pivot toward manufactured housing, citing its cost-effectiveness and durability. Crow Holdings’ Kristin Millington emphasizes the affordability and stability of this housing segment, forecasting its rising importance in real estate investing.
Mortgage Rates (July 16, 2025):
30‑Year Fixed: 6.85%
15‑Year Fixed: 6.07%
30-Year Jumbo: 6.92%
10‑Year Treasury Yield: 4.47%
In the competitive real estate market, staying informed is crucial for both buyers and sellers. By understanding mortgage trends, housing market shifts, and the broader economic environment, individuals can make well-informed decisions. This knowledge can lead to more effective pricing strategies, better investment timing, and smoother transactions. For buyers, tracking mortgage rates can help them secure more favorable terms, while sellers who know their local market trends can set more competitive listing prices. Overall, staying updated on these topics not only helps real estate professionals serve their clients better, but also empowers everyday buyers and sellers to achieve their property goals.
Thanks for reading,
Chris