Summer Homebuyers Find Creative Solutions Amid Rising Costs

This summer, many folks are feeling the pinch as rising costs put the brakes on home sales. Existing-home sales slid by 1.7% from June to July, though they’re actually up 0.7% from last year. With fewer homes available and mortgage rates hovering around 6.6%, buyers are finding it harder to make a move. The median home price now sits at $434,100, and first-time buyers especially are running into affordability challenges. As someone who truly enjoys guiding people through these ups and downs, I’m always here to bring a little more ease and reassurance to the process—no matter what the numbers say.