10/09/2025
We’re starting to see some encouraging signs in the housing market lately!
Pending home sales are on the rise, up about 4% from July to August and nearly 4% compared to last year.
At the same time, affordability is slowly improving. Mortgage rates have dipped a bit, home prices are climbing at a gentler pace, and wages continue to grow. All of which help buyers manage monthly payments more comfortably.
On the jobs front, things have cooled slightly with a small dip in employment numbers. That might sound worrisome, but it also helps ease inflation pressures, which could support lower interest rates ahead.
Overall, the housing market feels a bit more balanced than it did earlier this year. This is a welcome shift for both buyers and sellers!
If you’d like me to break down what this means for you and your real estate goals, I’m happy to share what I’m seeing on the ground.
This Week In Real Estate: Sales Rise, Affordability Strengthens, and Jobs Cool
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