The Buzz: May 14

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 May 14, 2025:

• CNBC observes mortgage demand from homebuyers continuing to recover, despite high interest rates.

• The national market favors sellers over buyers at the moment, although U.S. News & World Report finds some local markets are bucking the trend. 

• Redfin says demand for vacation homes has dropped to the lowest level since 2018, as high costs and return to office policies drag down demand for second homes.

• Housing experts tell Yahoo Finance there's no crash in sight, and both prices and sales are expected to remain on a slightly upward swing throughout 2025.

• The Fed elected to hold interest rates steady for the second consecutive meeting last week. Mortgage rates moved modestly lower - but not because of the announcement - according to Mortgage News Daily.

• While we hear from many of our agent partners that it doesn't feel like spring in the housing market yet, we're  seeing plenty of pre-market activity from sellers on BlueBid. 

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.