Pending Home Sales Dropped 5.5% in July

Citing affordability issues, NAR reported contract signings declined in all four U.S. regions month over month, while pending sales were down 8.5% year over year.

Average 30-Year Mortgage Rate Eases to 6.35%

It’s the second drop in 2 weeks, keeping the 30-year FRM at its lowest level in over a year, which is good news for would-be homebuyers facing high home prices.

DeSantis Says Park Plans Need Another Look

The governor says “half-baked” plans for golf courses, resort lodges and pickleball courts at state parks will be revamped and the DEP will get more public input.

Appraisal Foundation Settles HUD Fair Housing Case

The foundation settled with HUD over claims it blocked people of color from the appraisal profession. As part of the settlement, it will establish a $1.22M scholarship fund.