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.
