09/05/2025
Homeownership remains on an upward trajectory! The July housing market saw total existing-home sales rise by 2.0%, with median prices at $422,400—up slightly from last year. Regions like the Northeast and South are experiencing growth, bolstered by increased inventory levels and favorable mortgage rates averaging 6.72%. It's a great moment for buyers hunting for options and sellers ready to list—this market's health is solid, with historic lows in distressed sales reinforcing confidence across the board.