The Buzz: June 17
- Chris Mackey
- Jun 17
- 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 June 17, 2025:
Redfin reports 28% of homes are selling above asking price - the lowest springtime level since 2020.
Renters are flooding suburbs where they can't afford to buy, according to NBC News.
Despite weak sales in the first half of the year and an uptick in price reductions, Realtor.com observes the Chief Economist from the National Association of Realtors projecting 3% price growth in 2025.
U.S. News & World Report offers a helpful guide to mortgage rate locks in an uncertain interest rate environment.
CNBC says the Fed is expected to hold interest rates steady this week.
We recently released a lightweight database nurture and lead gen offering for our partners in the agent community. The product leverages BlueBid's marketplace to activate buyers & sellers. Click here to see how it works.
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.