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 February 12, 2025:
Research from Fannie May shows overall housing sentiment on the rise despite consumers' affordability concerns.
Realtor.com believes - especially this year - there may be an advantage to listing ahead of the spring.
CNBC observes mortgage applications down 4% on a weekly basis despite the average 30-year mortgage rate dipping slightly to 6.97%.
U.S. News & World Report examines the impact of new tariffs on steel, aluminum, lumber, and other building materials on American homebuyers.
J.P. Morgan published its 2025 outlook for the US housing market and predicts prices will rise by 3%.
We're seeing more buyer traffic on BlueBid, and it's right on schedule. With well over 16,000 pre-market listings and some of the top agents in real estate servicing tour requests and offers, it's exciting to see our marketplace take shape. We still have some great markets available, so don't hesitate to reach out if you're a motivated agent looking to meet more buyers and sellers.
Have a great week.
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.