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5.2% fewer California homes closed escrow in August 2025 compared to the same month a year earlier, according to Redfin. This continues the deflated sales trend which began mid-2022.Buyer behavior has been adversely affected by trends in real e...
Why this matters: Real estate agents and brokers in 2025 observed a disappointing spring sales bounce after years of substandard home sales since the 2021 pandemic buying frenzy. Buyers lost purchasing power to the highest mortgage rates and as...
The federal government shutdown has suspended the National Flood Insurance Program, putting thousands of real estate transactions at risk. Industry leaders warn the halt could derail about 1,400 home sales daily across more than 22,000 com...
Why this matters: 2025’s lackluster spring sales bounce continues years of substandard home sales since the 2021 pandemic buying frenzy. Buyers have lost purchasing power to the highest mortgage rates and asking prices since 2013. In turn, fo...