Tag: Housing market trends

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Why Mortgage Rates Dropping Won’t Make Homes Cheaper

Mortgage rates are dropping, but don't expect homes to become more affordable in 2025. The average 30-year fixed mortgage rate has decreased to 6.2%...
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July Home Sales Increase After Five-Month Decline

July Home Sales Show Signs of Recovery After Five-Month DeclineIn a promising turn of events, closed sales of previously owned homes experienced a 1.3%...
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Home Depot Forecasts Decline in Sales Amid Consumer Caution

Home Depot recently announced that while it exceeded expectations for the quarter, it anticipates a decline in sales for the rest of the year...