National News

How the housing market shift is giving buyers the edge

Across reports from Realtor.com, Zillow and Redfin, the data converges on one clear truth: the housing market’s momentum is tilting toward those shopping for homes rather than those selling them.

S&P Cotality: Chicago home-price growth remains steady despite national slowdown

Staid markets in the Midwest that missed the fervid speculation of the pandemic are now enjoying healthy gains.

Fixer-upper listings climb as buyer demand surges

Searches for “fixer-upper” on Realtor.com in July 2025 have more than tripled in volume compared to four years ago.

New-home sales crush expectations in August, jump 20.5% from July on builder incentives

The pace of new-home sales hit an annual rate of 800,000, its highest level since January 2022. 

Fannie Mae lowers mortgage-rate forecasts after Fed cut

Fannie Mae also reduced its forecasts for home sales in 2025 and 2026. 

Compass to acquire Anywhere Real Estate for $1.6B

The stock-swap deal will bring Anywhere’s brands, including Better Homes and Gardens, CENTURY 21, Coldwell Banker and Sotheby’s International, under the Compass umbrella. 

NAR survey finds Realtors willing to pay for technology tools

The annual survey finds most Realtors pay at least $50 a month for work technology, despite a majority feeling satisfied with the tech provided by their brokerages.

RE/MAX: Chicago home sales rise year over year in August

The decline in sales came as a 17-month run of year-over-year increases in new listings came to a close.

Rate launches mortgage industry’s first mobile app in Spanish

Rate has launched the first fully integrated Spanish-language mobile app from a U.S. mortgage lender. 

Fed cuts rates by quarter point, nods to further reductions

The move was widely anticipated and is expected to be followed by additional cuts this year. 

mortgage applications
Mortgage applications jump almost 30% ahead of anticipated Fed rate cut

The jump in mortgage activity was driven in large part by refinancings, which surged 58% in the week ended Sept. 12. 

August single-family construction falls to slowest pace since July 2024

At the same time, completions of new single-family homes were on the rise last month, according to federal statistics. 

Realtor.com: Mid-October is best time to buy a home in 2025

Looking for the best time to buy in 2025? It’s the week of Oct. 12–18, says Realtor.com. 

Mainstreet REALTORS® installs Kinga Korpacz as new president

Mainstreet REALTORS® installed Kinga Korpacz as its 105th president, along with its new board of directors, at its annual installation ceremony on Sept. 9. Korpacz succeeds Connie Vavra, who served as Mainstreet’s 2024–2025 president.  Korpacz, broker/owner of EXIT Realty

Builder outlook hits 6-month high on rate-cut expectations

The National Association of Home Builders said its monthly builder-confidence survey indicated rising optimism that lower interest rates could spur new-home buying activity. 

Zillow launches AI‑powered virtual staging for Showcase listings

The feature aims to help buyers more easily visualize homes and give agents a stronger marketing tool. 

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