The Buzz: June 26

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 26, 2025:

• Existing home sales rose unexpectedly in May, but Reuters says the market remained historically weak amid high mortgage rates.  

• CNBC reports homebuilder sentiment is approaching the pandemic low as economic uncertainty plagues consumers.

• Near-term mortgage rates are likely to remain in the high-6% range following the the FOMC's decision to hold the Federal Funds rate steady, according to Realtor.com.

• MarketWatch observes more homebuilders slashing prices as buyers stay away from the housing market. 

• Redfin says 6% of sellers are at risk of selling at a loss. While that's up slighly from a year ago, it's still a historically low level. 

• BlueBid recently released a lightweight database nurture and lead gen offering for agents. The product leverages BlueBid's marketplace to activate buyers & sellers. Click here to see how it works. 

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.