Real Estate News 07/28/2025

Today’s News Synopsis:

In The News:

Realtor.com – “The Summer 2025 Wall Street Journal/Realtor.com Housing Market Ranking“ (07-24-25)

“The 2025 homebuying season largely struggled to gain momentum, hindered by persistently high mortgage rates and ongoing economic uncertainty. Home purchase sentiment weakened as consumer concerns about financial stability and job security dampened buyer confidence.“

Scotsman Guide- “Is there any chance of a Fed rate cut in July?” (07-25-2025)

“The odds of a Federal Reserve rate cut are looking increasingly slim heading into the central bank’s fifth Federal Open Market Committee (FOMC) meeting of the year on July 29-30, according to multiple economists and a mortgage industry expert.”

NAR – “June 2025 Commercial Real Estate Market Insights“ (07-23-25)

“The economy sent mixed signals in the middle of the second quarter. While GDP contracted in the first quarter compared to the previous quarter, inflation remained below 2.5%, but still above the Federal Reserve’s 2% target. ”

Yahoo Finance – “Home sales declined in June as prices hit new all-time high“ (07-23-25)

“Affordability constraints slowed the traditional busy spring buying season again.”

Redfin  – “U.S. Asking Prices Post Smallest Increase in Nearly 2 Years As Home Sellers Adjust to Buyer’s Market” (07-24-2025)

“Slowing price growth is good news for homebuyers. So are shrinking housing payments, with the median U.S. mortgage payment falling to its lowest level in five months. ”