Here is your real estate news for Tuesday, August 12th.
Today’s Real Estate News (August 12, 2025):
Price Declines Spread to the West
Home 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 Pledges
Tech titans Meta, Google, and Apple have collectively pledged billions to support affordable housing—$1B each from Meta and Google, and $2.5B from Apple. Despite some progress—Apple has deployed over $1.6B to create or preserve more than 10,000 affordable units—the overall results, especially in California, have fallen short due to permitting delays and complex land-use regulations.
Mortgage Rates (August 12, 2025):
- 30-Year Fixed-Rate: 6.58%
- 15-Year Fixed-Rate: 5.93%
- 30-Year Jumbo: 6.70%
- 10 Year Treasury Yield: 4.31%
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
