What's Up With Real Estate? As of Friday, October 3, 2025

by Nancy Garza Jolly

Transaction volumes are starting to pick up in response to lower mortgage rates: pending home sales climbed 4% month-over-month in August, and should improve further in September. The very weak ADP jobs report for September also has the markets convinced that we'll get two more Fed rate cuts before year-end.
 
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Jay & Nancy Garza Jolly
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