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Mortgage rates dipped to 6.47% for the week ending June 18, down 5 basis points from the prior week and well below the 6.81% average recorded during the same period in 2025, according to Freddie Mac. The drop followed President Trump's signing of a 14-point memorandum of understanding with Iran aimed at reopening the Strait of Hormuz and lifting sanctions.

Throwback to real estate in the 1960s 😩

Buyers are finally catching a break.

Home prices have dropped for seven straight months, and sellers are pricing more realistically than they have in years. That combination is bringing more buyers off the sidelines, with contract signings rising for the sixth month in a row.

Read more: https://rltor.cm/9zwRad

Agents, what would you do with this space? 🤔

First-time buyers tend to assume new construction is out of budget, but the total cost of ownership tells a different story. Builder financing, reduced utility bills, minimal repairs, and warranties can make new homes more competitive than they appear.

🗣️ Agents, how are you discussing new construction with your clients?

More info: https://rltor.cm/4NpQ6r

The housing market is shifting in buyers' favor. Active inventory is up 8.9% compared to last year, home prices have fallen 2.4%, the biggest weekly drop on record since Realtor.com started tracking in 2018, and homes are taking six days longer to sell.

It's the third straight week of price declines, and Realtor.com economists say the slowdown "goes beyond normal seasonality." Mortgage rates are also lower than they were a year ago, with the average 30-year fixed rate at 6.11% for the week ending Feb. 5, according to Freddie Mac.

Read: https://rltor.cm/M9AmRj

Your garage door covers nearly 40% of your home's front exterior, and neglecting it can cost anywhere from $500 to $3,000 or more to replace, while also hurting curb appeal and turning off buyers.

A worn or misaligned door can get stuck, collapse, invite pests and water damage, create security vulnerabilities, and reduce energy efficiency. Experts recommend cleaning and waxing steel doors with car wax at least twice a year, washing windows with dish soap or vinegar and water, and scheduling a professional inspection after any major storm.

Read more: https://rltor.cm/zsQ4Cp

One home upgrade that always helps a home sell faster 🗣️👇