Here is your real estate news for Thursday, August 14th.
Today’s Real Estate News (August 14, 2025):
Foreclosure Activity on the Rise
Home 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 Gridlock
Economists at Oxford Economics believe just a 1-percentage-point drop in mortgage rates could be enough to trigger increased home sales. Such a decline may “unlock” the frozen market by incentivizing sellers to trade up—potentially easing the current inventory glut.
Mortgage Rates (August 14, 2025):
- 30-Year Fixed-Rate: 6.53%
- 15-Year Fixed-Rate: 5.90%
- 30-Year Jumbo: 6.67%
- 10 Year Treasury Yield: 4.23%
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
