National News

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. 

Home price appreciation increases 2.4% in August as Midwest leads growth

So far in 2025, home prices have grown at about half the pace of 2024.

mortgage applications
MBA: Mortgage applications hit highest level since 2022

The surge comes as the rate on a 30-year fixed-rate mortgage fell to its lowest level since October 2024. 

Cotality notes further movement toward buyer’s market in latest Home Price Insights report

The rate of home-price appreciation slowed to just over half the rate of inflation in July, Cotality noted. 

MBA: 30-year mortgage rate falls to lowest level since April

Despite the decrease in borrowing costs, the Mortgage Bankers Association’s Market Composite Index showed a decrease in mortgage applications in the week ended Aug. 29. 

Southern and Western markets lead as new-home affordability grows

Despite a slowdown in single-family construction activity, newly built homes are becoming increasingly accessible to American buyers, in terms of both availability and affordability. According to data from the New-Construction Insights report released by Realtor.com, in the second quarter

Pending-home sales soften in July on economic anxiety

Signed contracts declined despite lower interest rates and improved affordability and inventory, the National Association of REALTORS® said.   

Case-Shiller: Chicago home-price growth rises in June, as national market undergoes ‘decisive shift’

The pace of home-price appreciation declined to its slowest pace in two years, according to the S&P Cotality Case-Shiller U.S. National Home Price Index. 

RE/MAX: Chicago home sales slide year over year in July

Nationally, home sales rose 0.6% year over year but slid 0.7% month over month, RE/MAX said. 

July new-home sales top expectations

The upside surprise came despite monthly and yearly declines in the pace of sales. 

NAR: High inventory puts homebuyers in their ‘best position’ since pandemic lockdown

The association said the housing market is making a definitive swing back in the direction of the buyer thanks to wage growth, slowing home-price gains and rising inventory. 

Housing starts rise again in July thanks to multifamily sector

The single-family sector managed to eke out a slight monthly gain, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Builder confidence remains low in August with dip in sentiment survey

The NAHB/Wells Fargo Housing Market Index slid a point to 32, reflecting ongoing negative sentiment in the homebuilding industry. 

New Subscribe

  • This field is for validation purposes and should be left unchanged.