August 22, 2025 - 19:07
In July 2025, the housing market experienced a notable rebound, with existing-home sales rising by 2.0%. This increase can be attributed to a combination of factors, including a rise in available inventory and stable home prices, which have encouraged potential buyers to enter the market.
The uptick in sales indicates a growing confidence among consumers, as they navigate through a more favorable buying environment. The increase in inventory has provided buyers with more options, reducing the competitive pressure that has characterized previous months.
Moreover, the stability in home prices has reassured buyers, mitigating concerns over potential market volatility. As interest rates remain relatively low, many first-time homebuyers are taking advantage of the current conditions to make their purchases.
Overall, July’s data reflects a positive shift in the housing market, suggesting that the sector may be on a path toward sustained recovery in the coming months.
October 8, 2025 - 20:29
Jamaica Rezoning: A Boon for Developers, Not ResidentsDespite community pleas for affordable homeownership opportunities, recent rezoning proposals in Jamaica have raised concerns among residents. The plans, which are touted as a means to revitalize...
October 8, 2025 - 01:23
Chicago Real Estate Photographers Grounded by FAA Drone BanReal estate photographers across Chicago are facing significant disruptions following a temporary flight restriction imposed by the FAA, which is set to last until October 12. This ban has left...
October 7, 2025 - 02:35
Man Arrested Following Police Chase After Alleged Attack on Real Estate AgentA 32-year-old man is in custody after being accused of assaulting a real estate agent and subsequently engaging law enforcement in a high-speed chase. The incident unfolded when the suspect...
October 6, 2025 - 06:03
Celebrating Marcia Harlow's 47-Year Journey in Real EstatePerkins Realty hosted a heartfelt retirement celebration for Marcia Harlow on September 25, marking the end of an impressive 47-year career in real estate. Friends, colleagues, and clients gathered...