{"id":43822,"date":"2025-07-23T21:30:02","date_gmt":"2025-07-23T21:30:02","guid":{"rendered":"https:\/\/isafespend.com\/?p=43822"},"modified":"2025-07-23T21:30:03","modified_gmt":"2025-07-23T21:30:03","slug":"good-luck-trying-to-buy-a-home-right-now","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=43822","title":{"rendered":"Good Luck Trying to Buy a Home Right Now"},"content":{"rendered":"
\n

It’s supposed to be the busiest time of the year for real estate \u2014 but instead, it’s crickets.<\/p>\n

June existing home sales fell to a nine-month low, and one in seven potential deals fell through, according to new data from Redfin and the National Association of Realtors (NAR).<\/p>\n

With 30-year mortgage rates around 6.67% at press time, and median home prices rising 2% from a year ago (now around $435,300), being a buyer is a tough draw in 2025. Daryl Fairweather, chief economist at Redfin, told the New York Times<\/i> that buyers are staying on the sidelines.<\/p>\n

Related: <\/b>Barbara Corcoran Says the Best Entrepreneurs Are Good at This One Thing<\/p>\n

“What it really comes down to, as always, is affordability,” Fairweather told the outlet.<\/p>\n

However, even with the housing supply increasing 15.9% from one year ago, many sellers still think they can get top dollar, dreaming of pandemic days when things skyrocketed (home prices increased 40% on average from 2020 to 2022, and even higher\u201458%\u2014in some markets like South Florida, per TD Bank).<\/p>\n

And though some markets have since cooled, especially on Florida’s west coast, many sellers are choosing to delist rather than cut prices, says Joel Berner, a senior economist for Realtor.com, per the New York Times<\/i>.<\/p>\n

Related:<\/b> This Is the Newest Real Estate Trend You Can’t Miss \u2014 and It’s Worth $438 Billion<\/p>\n

“Sellers still have pretty high expectations of what they can get for their homes,” Berner told the outlet.<\/p>\n

Of the contract cancellations, Jacksonville, Florida, had the most, with more than one in five (21.4%) of home-purchase agreements canceled in June, per Redfin data. Las Vegas came in second with (19.7%) followed by Atlanta (19.6%).<\/p>\n

Join top CEOs, founders, and operators at the<\/i> <\/i>Level Up conference<\/i> to unlock strategies for scaling your business, boosting revenue, and building sustainable success.<\/i><\/sup><\/p>\n<\/div>\n

\n
\n

It’s supposed to be the busiest time of the year for real estate \u2014 but instead, it’s crickets.<\/p>\n

June existing home sales fell to a nine-month low, and one in seven potential deals fell through, according to new data from Redfin and the National Association of Realtors (NAR).<\/p>\n

With 30-year mortgage rates around 6.67% at press time, and median home prices rising 2% from a year ago (now around $435,300), being a buyer is a tough draw in 2025. Daryl Fairweather, chief economist at Redfin, told the New York Times<\/i> that buyers are staying on the sidelines.<\/p>\n<\/div>\n

\n
\n

\n The rest of this article is locked.\n <\/p>\n

\n Join Entrepreneur+<\/span> today for access.\n <\/p>\n<\/p><\/div>\n<\/div><\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It’s supposed to be the busiest time of the year for real estate \u2014 but instead, it’s crickets. June existing home sales fell to a nine-month low, and one in seven potential deals fell through, according to new data from Redfin and the National Association of Realtors (NAR). With 30-year mortgage rates around 6.67% at<\/p>\n","protected":false},"author":1,"featured_media":43823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[32],"class_list":{"0":"post-43822","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing","8":"tag-featured"},"yoast_head":"\nGood Luck Trying to Buy a Home Right Now | iSafeSpend<\/title>\n<meta name=\"description\" content=\"It's supposed to be the busiest time of the year for real estate \u2014 but instead, it's crickets.June existing home sales fell to a nine-month low, and one\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/isafespend.com\/?p=43822\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Good Luck Trying to Buy a Home Right Now | iSafeSpend\" \/>\n<meta property=\"og:description\" content=\"It's supposed to be the busiest time of the year for real estate \u2014 but instead, it's crickets.June existing home sales fell to a nine-month low, and one\" \/>\n<meta property=\"og:url\" content=\"https:\/\/isafespend.com\/?p=43822\" \/>\n<meta property=\"og:site_name\" content=\"iSafeSpend\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-23T21:30:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-23T21:30:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/isafespend.com\/wp-content\/uploads\/2025\/07\/1753299508-home-showing-2214259782.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1333\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/isafespend.com\/?p=43822#article\",\"isPartOf\":{\"@id\":\"https:\/\/isafespend.com\/?p=43822\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf\"},\"headline\":\"Good Luck Trying to Buy a Home Right Now\",\"datePublished\":\"2025-07-23T21:30:02+00:00\",\"dateModified\":\"2025-07-23T21:30:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/isafespend.com\/?p=43822\"},\"wordCount\":416,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/isafespend.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/isafespend.com\/?p=43822#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/isafespend.com\/?p=43822\",\"url\":\"https:\/\/isafespend.com\/?p=43822\",\"name\":\"Good Luck Trying to Buy a Home Right Now | iSafeSpend\",\"isPartOf\":{\"@id\":\"https:\/\/isafespend.com\/#website\"},\"datePublished\":\"2025-07-23T21:30:02+00:00\",\"dateModified\":\"2025-07-23T21:30:03+00:00\",\"description\":\"It's supposed to be the busiest time of the year for real estate \u2014 but instead, it's crickets.June existing home sales fell to a nine-month low, and one\",\"breadcrumb\":{\"@id\":\"https:\/\/isafespend.com\/?p=43822#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/isafespend.com\/?p=43822\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/isafespend.com\/?p=43822#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/isafespend.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Good Luck Trying to Buy a Home Right Now\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/isafespend.com\/#website\",\"url\":\"https:\/\/isafespend.com\/\",\"name\":\"Solutions For Real\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/isafespend.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/isafespend.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/isafespend.com\/#organization\",\"name\":\"Solutions For Real\",\"url\":\"https:\/\/isafespend.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"contentUrl\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"width\":690,\"height\":64,\"caption\":\"Solutions For Real\"},\"image\":{\"@id\":\"https:\/\/isafespend.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"contentUrl\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/isafespend.com\"],\"url\":\"https:\/\/isafespend.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Good Luck Trying to Buy a Home Right Now | iSafeSpend","description":"It's supposed to be the busiest time of the year for real estate \u2014 but instead, it's crickets.June existing home sales fell to a nine-month low, and one","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/isafespend.com\/?p=43822","og_locale":"en_US","og_type":"article","og_title":"Good Luck Trying to Buy a Home Right Now | iSafeSpend","og_description":"It's supposed to be the busiest time of the year for real estate \u2014 but instead, it's crickets.June existing home sales fell to a nine-month low, and one","og_url":"https:\/\/isafespend.com\/?p=43822","og_site_name":"iSafeSpend","article_published_time":"2025-07-23T21:30:02+00:00","article_modified_time":"2025-07-23T21:30:03+00:00","og_image":[{"width":2000,"height":1333,"url":"https:\/\/isafespend.com\/wp-content\/uploads\/2025\/07\/1753299508-home-showing-2214259782.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/isafespend.com\/?p=43822#article","isPartOf":{"@id":"https:\/\/isafespend.com\/?p=43822"},"author":{"name":"News Room","@id":"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf"},"headline":"Good Luck Trying to Buy a Home Right Now","datePublished":"2025-07-23T21:30:02+00:00","dateModified":"2025-07-23T21:30:03+00:00","mainEntityOfPage":{"@id":"https:\/\/isafespend.com\/?p=43822"},"wordCount":416,"commentCount":0,"publisher":{"@id":"https:\/\/isafespend.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/isafespend.com\/?p=43822#respond"]}]},{"@type":"WebPage","@id":"https:\/\/isafespend.com\/?p=43822","url":"https:\/\/isafespend.com\/?p=43822","name":"Good Luck Trying to Buy a Home Right Now | iSafeSpend","isPartOf":{"@id":"https:\/\/isafespend.com\/#website"},"datePublished":"2025-07-23T21:30:02+00:00","dateModified":"2025-07-23T21:30:03+00:00","description":"It's supposed to be the busiest time of the year for real estate \u2014 but instead, it's crickets.June existing home sales fell to a nine-month low, and one","breadcrumb":{"@id":"https:\/\/isafespend.com\/?p=43822#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/isafespend.com\/?p=43822"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/isafespend.com\/?p=43822#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/isafespend.com\/"},{"@type":"ListItem","position":2,"name":"Good Luck Trying to Buy a Home Right Now"}]},{"@type":"WebSite","@id":"https:\/\/isafespend.com\/#website","url":"https:\/\/isafespend.com\/","name":"Solutions For Real","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/isafespend.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/isafespend.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/isafespend.com\/#organization","name":"Solutions For Real","url":"https:\/\/isafespend.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/isafespend.com\/#\/schema\/logo\/image\/","url":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","contentUrl":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","width":690,"height":64,"caption":"Solutions For Real"},"image":{"@id":"https:\/\/isafespend.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/isafespend.com\/#\/schema\/person\/image\/","url":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","contentUrl":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","caption":"News Room"},"sameAs":["https:\/\/isafespend.com"],"url":"https:\/\/isafespend.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/posts\/43822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43822"}],"version-history":[{"count":1,"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/posts\/43822\/revisions"}],"predecessor-version":[{"id":43824,"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/posts\/43822\/revisions\/43824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/media\/43823"}],"wp:attachment":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}