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Analysis and Data
Coming Up:
Agent Fees Back Up To ‘Normal’
Despite legal shakeups, agent commissions rebound to pre-settlement levels — now averaging 5.44% nationwide
19,000 ‘Lost’ Due To Fewer Workers
Adding to affordability problem, skilled labor shortage driving up costs, timelines of building new houses
Mortgage Applications Slip Despite Lower Rates
Purchase, refinance activity dropped, but remain well above last year’s levels, MBA reports
Buyers Catch A Break As Inventory Climbs And Competition Fades
Sales rose 3.5% in May as inventory hit a post-2020 high of 1.3 million listings, with sellers cutting prices on a record 26% of homes
Even Outright Owners Feel The Pinch
From 2020 to 2023, monthly housing costs jumped 29% for outright owners and 16% for mortgage holders, as taxes, insurance, and utilities stretch budgets across the board
Shopping Mortgage Rates Can Save Borrowers $80K
Why it pays for LOs to be competitive out of the gate in today’s rate-sensitive market
Housing Market Outlook: Brighter Days To Come
NAR Chief Economist Yun calls lower mortgage rates ‘magic bullet’ to boost home sales
Mortgage Applications Surge To Highest Level In Over A Month
Purchase and refinance apps both climb, with purchase demand now 20% higher than a year ago, MBA reports
No Rate Cut Likely Yet, Fed’s Kugler Suggests
Current Fed stance ‘appropriate’ for range of reasons, Fed Board of Governors member says
‘Zombie Properties’ Creep Up, But U.S. Home Vacancies Hold Steady
Most homes left vacant to enter foreclosure seen in specific Kansas, Illinois, Ohio cities, ATTOM’s 2Q 2025 report finds