User
Write something
Pinned
Jobs Missed. Rates Hit a Seven-Week Low. Here's Why That's Actually Good News.
June's jobs report badly missed expectations — just 57,000 nonfarm payroll jobs added, the weakest month in four months, with April and May revised down a combined 74,000 jobs. The World Cup-driven hospitality boost economists expected never materialized, and softer jobs data eased pressure on the Fed to keep hiking, sending Treasury yields down and mortgage rates to a seven-week low per Freddie Mac. Purchase demand is now above last year's pace for a third straight month, and wages are growing faster (3.5% annually) than home prices (0.8% nationally) — meaning affordability is quietly improving. It's not a hot market, but the combination of softer jobs, lower rates, rising wages, and active buyers makes this one of the most housing-friendly data setups since spring. Have a great one! -John
0
0
Jobs Missed. Rates Hit a Seven-Week Low. Here's Why That's Actually Good News.
Pinned
START HERE! You're in the right place.
Make sure you use it! Most agents scroll the news and feel vaguely informed. You're here to do something different — to actually understand what market shifts mean, how to talk about them confidently, and how to use that knowledge to win more clients and close more deals. This community is your unfair advantage. Here's how to get started: 1. Introduce yourself- Drop your name, where you're located, and one thing you want to get better at. We're a community — say hi. 2. Watch the market update- Each one breaks down what's actually happening in the market — and what to do with it. 3. Show up and share- Ask questions. Share wins. Post what you're seeing in your market. The more you put in, the more you get out. The agents winning right now aren't the ones waiting for the market to calm down. They're the ones who understand it — and know how to talk about it. That's exactly what we build here. Glad you're here. Now let's get to work.
START HERE! You're in the right place.
Oil Just Dropped Below $70. Here's What That Does to Rates.
Oil has plunged to under $70/barrel from over $115 at the peak of the Iran war — a $45 drop that's easing the inflation pressure which kept rates elevated all spring. The 10-year Treasury yield has fallen to 4.495% from a May high of 4.660%, and mortgage rates have held stable for six straight weeks with very low volatility, with analysts now projecting further easing if oil stays down. Nationally, home prices are essentially flat (up just 0.8% year-over-year), though performance varies sharply by region — Chicago up 6.5%, Seattle down 2.3%. With inventory elevated, sellers still motivated, and the macro backdrop improving heading into the second half of 2026, buyers who move now don't have to wait for a "perfect" market that may already be arriving. Have a great one! -John
0
0
Oil Just Dropped Below $70. Here's What That Does to Rates.
Chicago Is Up 6.5%. Seattle Is Down 2.3%. Same Country, Different Planet.
The national housing market headline is hiding a 9-point gap. The S&P Case-Shiller Index shows U.S. home values up just 0.8% annually in April — but that number is nearly meaningless, because Chicago is up 6.5% while Seattle is down 2.3% in the same month. The driver is supply: Sun Belt cities that overbuilt during the pandemic boom are still working through that inventory, while Midwest and Northeast metros never overbuilt and now carry real pricing power for sellers. With mortgage rates back up to 6.3% after briefly dipping below 6%, the market is treading water nationally — but locally, it's two completely different stories depending on your zip code. Thanks! -John
0
0
Chicago Is Up 6.5%. Seattle Is Down 2.3%. Same Country, Different Planet.
Quick Question!
Who has been able to implement the free resources I provide on Free Content Fridays? -John
0
0
Quick Question!
1-30 of 89
The Real Estate News Advantage
skool.com/the-real-estate-news-advantage
While other agents read the news, our members use it. Free daily market breakdowns — premium gets the scripts and tools that close deals.
Powered by