The Buzz: July 8
- Chris Mackey
- Jul 8
- 1 min read
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 July 8, 2025:
Home prices just hit another all-time high and both new listings and pending sales have fallen, according to Redfin.
Realtor.com says home purchase sentiment tumbled in June.
NBC News observes surging mortgage refinance demand as interest rates drop further.
Newsweek suggests - for the first time in nearly 20 years - the cost of owning an entry-level home in the United States is more than double the monthly cost of renting.
As prices and borrowing costs freeze out many buyers, the Associated Press notes real estate investors are snapping up a larger share of homes.
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.
