Bryan Hoelzer & Kathryn Hoelzer Team Hoelzer
Bryan Hoelzer & Kathryn Hoelzer Team Hoelzer
TEAM HOELZER NEWSLETTER

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REAL ESTATE UPDATE
Real estate market update hero

U.S. home sales rose in October as homebuyers seized on declining mortgage rates.

Sales of previously occupied U.S. homes increased last month to the fastest pace since February as lower mortgage rates helped pull more homebuyers into the market.

Home sales activity picking up with lower mortgage rates
National Snapshot
Total Existing-Home Sales for October
  • 1.2% increase in existing-home sales month-over-month to a seasonally adjusted annual rate of 4.10 million.
  • 1.7% increase in sales year-over-year.
Inventory in October
  • 1.52 million units: Total housing inventory, down 0.7% from September and up 10.9% from October 2024 (1.37 million).
  • 4.4-month supply of unsold inventory, down from 4.5 months in September and up from 4.1 months in October 2024.
Median Sales Price in October
  • $415,200: Median existing-home price for all housing types, up 2.1% from one year ago ($406,800) – the 28th consecutive month of year-over-year price increases.
“Rents are decelerating which will reduce inflation and encourage the Federal Reserve to continue cutting rates and pulling back their quantitative tightening."
— Lawrence Yun, NAR Chief Economist
  September interest rate cut spurred uptick in home sales: REALTORS
  September saw a modest rise in home sales and mortgage applications amid slightly lower rates, but tight inventory continues to constrain the market.
 
 
 
 
 
 
Questions on sales — nationwide or right here in our neighborhood?

I’m always here to help with questions on buying, selling, or anything home.

NewPanda Help Team   |   (800) 298-5055   |   [email protected]






     
  DID YOU KNOW?
 



   
  11,000 homes are sold every day in the US  
 
 





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Bryan Hoelzer & Kathryn Hoelzer Team Hoelzer 
513-839-5595 | 513-839-5003
[email protected]


         



               

   



 
Bryan Hoelzer & Kathryn Hoelzer Team Hoelzer 
513-839-5595 | 513-839-5003
[email protected]




   



   



 
Bryan Hoelzer & Kathryn Hoelzer Team Hoelzer 
513-839-5595 | 513-839-5003
[email protected]