Here is your real estate news for Thursday, July 17th.
Today’s Real Estate News (July 17, 2025):
First-Time Buyers Shrinking, Hitting Lowest Levels Since 1981
The share of first-time homebuyers plunged to just 24% in 2024—the lowest since tracking began in 1981. Median buyer age has risen from 35 to 38 years. Southern cities dominate the top markets for newcomers, while California leads the ranks of least affordable cities for entry-level buyers.
Foreign Buyers Pour $56 Billion into U.S. Residential Real Estate
From April 2024 to March 2025, international buyers spent $56 B, a 33% year-over-year increase—the first jump since 2017. Florida led the way, accounting for 21% of these purchases. Nearly half of these buyers paid in cash.
Mortgage Rates (July 17, 2025):
30‑Year Fixed: 6.83%
15‑Year Fixed: 6.08%
30-Year Jumbo: 6.93%
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
