Market Updates
With mortgage rates easing and market conditions starting to rebalance, new opportunities are emerging for both buyers and sellers. Here’s the latest update to help guide your clients. Economic Outlook: Data Sending Mixed Signals Job growth has slowed, with markets closely watching the upcoming August jobs report—the last before the Federal Reserve’s September rate decision. […]
While some economic indicators remain mixed, falling mortgage volatility and a potential shift in rate policy are offering new opportunities for buyers, sellers, and agents alike. Economic Outlook: Mixed Data Keeps the Market Guessing Inflation ticked slightly higher in July, with consumer prices up 2.7% and wholesale prices rising more than expected. While this isn’t […]
The housing market is entering a new phase as slower economic growth and a cooling job market put downward pressure on interest rates. Here’s what’s happening now—and what it means for your clients. Economic Outlook: Slowing Growth and Mixed Signals The economy grew 3.0% in Q2 after a small decline in Q1, but the pace […]
As we move deeper into the summer selling season, market conditions continue to evolve. Here’s a quick look at the latest economic trends, mortgage rates, and what they mean for your clients. Economic Outlook: Inflation Eases Into a Healthier Range Inflation data continues to move in the right direction. June’s Consumer Price Index came in […]
As we move into the second half of the year, the housing market continues to navigate a mix of encouraging economic data and growing uncertainty. From shifting interest rate expectations to renewed tariff concerns, understanding the broader landscape is key to advising clients with confidence. Here’s what you need to know: Economic Landscape The June […]
As we move through the summer selling season, the housing market continues to show resilience despite economic uncertainty and persistently high mortgage rates. Here’s a quick update on the latest trends impacting buyers, sellers, and the broader real estate landscape. Sales Activity Holding Steady, but Subdued Existing home sales for May clocked in at an […]
Inflation Trends and Market Outlook The latest CPI numbers show headline inflation at 2.4% and core inflation at 2.8%—marking the third consecutive month under 2.5%. While this points to progress in price stability, inflation remains elevated enough to keep the Federal Reserve cautious. Until we see a clear slowdown in job growth or inflation, significant […]
Sales Volume Remains Subdued Existing home sales fell to an annualized pace of 4.0 million units in April—down 3.4% from last year and roughly 25% below long-term monthly averages. High home prices, elevated mortgage rates, and the “lock-in effect” from ultra-low existing mortgages continue to limit both buyer demand and seller inventory. This ongoing gridlock […]
Economic Outlook: Mixed Signals on Inflation The U.S. economy is experiencing a period of both improvement and uncertainty, with inflation showing signs of moderation but ongoing concerns about economic growth. The April Consumer Price Index (CPI) came in at 2.3%, marking a third consecutive month of decline and the lowest print in over four years. […]
Home Prices Are Flatlining, But Not Falling The latest Case-Shiller Home Price Index showed a 3.9% year-over-year increase for February, but beneath that headline is a more telling trend—national prices have remained essentially flat since June 2024. While that YoY figure still sounds healthy, it’s more a reflection of gains made last spring and early […]