this Week in Real Estate

Housing CRASHING?! Buyers AND Sellers Pulling Back??


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The housing market just dropped a week of headlines too big to ignore:

NAR vs. Mauricio Umansky: A new legal filing takes aim at the PLS platform.

Glenn Kelman: Why Redfin's CEO is still betting on W-2 agents despite layoffs.

Mortgage Rates: Down to 6.52% after Powell's Jackson Hole speech, the lowest in 10 months.

Market Trends: Pending sales tick up, but cancellations hit record highs. Buyers are retreating — and now sellers are too.

Regional Shifts: Vacation towns stall, Las Vegas inventory spikes 31%, and San Francisco becomes the only major metro where housing costs have "returned to normal."

Affordability Crisis: Millennials and Gen Z slash restaurant spending, even skip meals, just to pay rent.

Industry Buzz: Is it finally time to retire the old "Date the Rate, Marry the House" slogan?

👉 We'll unpack what's real, what's hype, and what every agent, buyer, and investor needs to know right now.

📌 Subscribe for weekly housing market analysis and industry insights.

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this Week in Real EstateBy Ray Ellen

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