The Buzz: August 27

The Buzz is a regular summary of housing market news and data driving our decision-making at BlueBid.

Here's the Buzz for the week of August 27, 2025:

• Existing home sales rose slightly last month as a modest pullback in mortgage rates, slowing price growth, and robust supply attracted buyers, according to ABC News. 

• Fannie Mae's latest economic and housing outlook contains slight downward revisions to GDP growth and total homes sales. The group forecasts mortgage rates will end 2025 at 6.5%.

• CNBC observes home flippers pulling back as interest rates remain elevated.

• Realtor.com says the housing market has been stuck as buyers navigate the double whammy of high prices and rates, but signs of hope are emerging. 

• CBC News digs into the recent surge in homeowners pulling their properties off the market.

• We've brought direct messages back to BlueBid by popular demand!

Have a great week.

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Disclaimer: Views expressed here are my own and not the views of my coworkers or anyone else. I am not a financial advisor, investment advisor, or housing expert. I’m just a guy who cares deeply about saving the American Dream of homeownership.