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BlueBid Buzz: September 5

The Buzz is a regular summary of housing market news and data driving our decision-making at BlueBid.


Here's the Buzz for the week of September 5, 2024…


  • MarketWatch observes buyers wading back into the housing market, as mortgage rates have fallen for the 5th consecutive week.

  • While average mortgage rates have fallen to the lowest level in a year and a half, Redfin says declining housing payments have yet to improve home sales nationally. 

  • Refinancing activity has been more robust, as CNBC reports mortgage refinance demand is 94% higher than a year ago.

  • U.S. News & World Report ranks the hottest housing markets in America, with MSAs in Texas, Missouri, Pennsylvania, and Nebraska taking the top spots.

  • CBS News asked a number of industry insiders about their expectations for home prices this fall season.

  • Newsweek examines how each presidential candidate would impact the housing market.


Have a great week.




Disclaimer: Views expressed here are my own and not the views of my coworkers or anyone else. I am not a financial advisor, investment advisor, or housing expert. I’m just a guy who cares deeply about saving the American Dream of homeownership.

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