Rates & affordability: After a four-week slide, the average 30-year fixed rate ticked up to ~6.30% late last week. That’s still near 11-month lows, which has coaxed some buyers back, but affordability remains the guardrail. Expect rates to hover in the mid-6% range near-term.
Mortgage rates flirted with 11-month lows in early September before ticking back up. As of September 25, the average 30-year fixed rate sits around 6.30%. That’s still lower than midsummer, but affordability remains the biggest challenge for many buyers.
Closed Sales (Aug 2025): 944 …
View MoreCurious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood …
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