Real Estate

Mortgage rates just saw their biggest one-day drop in months?hitting their lowest level since late 2022. The average 30-year fixed rate dipped to 6.13% on Tuesday, as investors anticipate a widely expected rate cut by the Federal Reserve. But as we?ve seen before, what looks like relief for homebuyers can quickly shift?especially if rates move unexpectedly after the Fed?s decision.

Tesla stock rose after Elon Musk purchased over 2.5 million shares. Meanwhile, former President Trump is calling to end quarterly earnings reports. Tyson Foods announced plans to remove high fructose corn syrup from their products by the end of the year. Good & Gather is recalling thousands of burrito bowls due to an undeclared allergen. Additionally, shoe prices may increase as a result of tariffs.

Americans receiving Social Security benefits could see more in their payments next year. Meanwhile, beef lovers are feeling the pinch at the grocery store, with prices up nearly 14% compared to last year. Goodles boxed mac and cheese is recalling products due to an undeclared food allergen. Plus, a new survey shows homeownership has become more expensive for many across the country.

The Federal Trade Commission has launched an investigation into Amazon and Google over their online advertising practices. The agency is also examining the potential risks of kids using AI chatbots, aiming to assess how harmful these technologies may be. Meanwhile, Southwest Airlines plans to expand its international flight offerings, the FDA has approved a new health feature in Apple products, and a new survey shows holiday shopping is expected to drop by 5% compared to last year.

City leaders unveil Thrive Englewood, a six-story mixed-use development bringing 62 units of family housing and new retail to the heart of central Englewood.

When you think about fall, you might picture dropping temperatures ? but what about dropping home prices? The real estate market this season may not be what you expect.