Reflecting on July 2026, the housing market continued to shift: U.S. pending home sales dipped 2.3% from June and 2.2% compared to last year. The Midwest stood out as the only region with growth, up 1.7% year-over-year. Even with job gains and more homes on the market, sales are still 30% below where they were before the pandemic. Mortgage rates averaged 6.67%, adding another layer to the decision-making process for buyers and sellers alike. As someone who lives and works in our local lakefront communities, I see how national trends like these ripple through our neighborhoods. Navigating these numbers isn’t just about stats—it’s about understanding how they impact your next move, whether you’re planning to list your home or find your spot by the water.
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