Here is your real estate news for Friday, August 22nd. Today’s Real Estate News (August 22, 2025): Inventory Swells & Price Cuts Surge, Sellers Hit Reality Homes are lingering longer on market as inventory climbs to 1.55 million units—up nearly 16% year-over-year, the highest since 2020. With buyer activity sluggish, sellers are slashing prices: 27.4% of listings saw reductions in July, marking...
Real Estate
Here is your real estate news for Thursday, August 21st. Today’s Real Estate News (August 21, 2025): Lumber Prices Plummet—But Builders Stay Cautious Lumber prices dropped about 14% in August, settling at roughly $595 per thousand board feet—a sharp decline from the record highs earlier this year. Despite the potential for cost-saving, builders remain cautious amid weak demand and unstable...
Here is your real estate news for Wednesday, August 20th. Today’s Real Estate News (August 20, 2025): Builders Offer Most Aggressive Incentives Since 2020 Persistent affordability challenges are forcing builders to lean on rate buydowns, discounts, and temporary concessions. Median new-home prices hover near $401,800, with incentives increasingly key to drawing in buyers while mortgage rates stay...
Here is your real estate news for Tuesday, August 19th. Today’s Real Estate News (August 19, 2025): Buyer Leverage Grows as Value Patterns Shift Zillow data shows that in half of the nation’s largest metros, home values are falling, with 25 markets seeing declines, mainly in the South and West. Meanwhile, 25 metros—mostly in the Midwest and Northeast—continue to see price increases. Record-high...
Here is your real estate news for Monday, August 18th. Today’s Real Estate News (August 18, 2025): Florida’s Market Cools to Some of the Lowest Activity Nationwide Florida, once a hot housing market, has now become one of the coldest in the U.S. According to Bankrate’s 2025 Housing Heat Index, four Florida metros—like North Port‑Sarasota‑Bradenton—are among the bottom five national...
Here is your real estate news for Friday, August 15th. Today’s Real Estate News (August 15, 2025): Mortgage Rates Dip to Yearly Low Freddie Mac reports that the average 30-year fixed mortgage rate slipped to 6.58% last week, down from 6.63% the week before, marking its lowest weekly average of 2025. The 15-year fixed rate also eased, landing at 5.71%. While rates briefly dipped lower during the...
Here is your real estate news for Thursday, August 14th. Today’s Real Estate News (August 14, 2025): Foreclosure Activity on the RiseHome foreclosure activity is heating up. According to ATTOM’s July 2025 market report, foreclosure starts are up 11% year-over-year, while completed foreclosures have surged by 18%—the highest levels seen so far in 2025. Lower Rates Could Unlock Housing...
Here is your real estate news for Tuesday, August 12th. Today’s Real Estate News (August 12, 2025): Price Declines Spread to the WestHome prices are holding steady in the Midwest and Northeast, but have fallen year-over-year in over 70% of Western markets and 40% of others, signaling emerging weakness in home valuations across the region. Mixed Results: Tech Giants’ Affordable Housing PledgesTech...
Here is your real estate news for Monday, August 11th. Today’s Real Estate News (August 11, 2025): Mortgage Rates Dip to Spring LowsFreddie Mac reports that as of August 7, the average 30‑year fixed mortgage rate dropped to 6.63%, its lowest level since April, while the 15‑year fixed averaged 5.75%. This marks the third straight week of declines, offering a glimmer of relief to buyers—though...
Here is your real estate news for Friday, August 8th. Today’s Real Estate News (August 8th, 2025): Why 2025 Might Be a Good Year to Buy a Home After All A Redfin report reveals that home prices declined last week in 14 of the 50 most populous U.S. metros, including notable markets like Oakland, West Palm Beach, and Austin. Though the national median home price rose by 2% year-over-year, this is a...