August saw flat sales in the housing market, yet luxury homes are thriving. Discover how mortgage rates and inventory are shaping the future of real estate!
The housing market may be slowly improving as existing home sales rose 2% in July, with the highest inventory in five years. While prices are softening, many potential buyers still face affordability challenges. Find out what's changing in the market!
In July 2025, existing-home sales rose by 2.0%, marking a positive shift in the real estate market. With improved affordability and increased inventory, homebuyers find themselves in a favorable position to negotiate better deals.
In a surprising twist, U.S. home sales edged up in May, defying expectations amidst high mortgage rates and rising prices. Despite this increase, affordability remains a major hurdle for many prospective buyers.
A recent settlement by the National Association of Realtors is shaking up the real estate industry, allowing for negotiable agent fees and the rise of flat-fee brokerages. Homebuyers like Jim Xiao are finding new ways to save thousands on commissions.