Ryan Gibson 11/2/25 Ryan Gibson 11/2/25

National news and local views for the week ending Friday, October 31, 2025

What’s Up with Real Estate?

Ryan Gibson

With over 20 years in mortgage lending, I've seen the industry change, markets shift, and countless families achieve homeownership. I created this blog to share real, practical insights to help buyers, homeowners, and Realtors navigate today's market with clarity and confidence.

National Real Estate News

CPI better than feared

In September, "headline" CPI (Consumer Price Index = inflation for you and me) climbed to +3.0% year-over-year (from +2.9% YoY), while "core" CPI dropped to +3.0% YoY (from +3.1% YoY). Since many Wall Street economists had forecasted that “core” CPI would be flat +3.1% YoY, the actual result was good news for bonds. [Source: BLS]

Fed cuts rates again

For only the second time this year, the Federal Reserve cut short-term interest rates by 25 basis points (25 bps = 0.25% = 1/4 of a percentage point). Fed Chairman Jerome Powell also announced the official end of QT (Quantitative Tightening = the reverse of QE), which should allow yields (and mortgage rates) to move lower. [Source: Federal Reserve]

Rates at multi-year lows

Average 30-year mortgage rates have fallen to levels we've only seen three times in the last three years (and in each previous case, only briefly). While we've seen a big increase in refi volumes, we've yet to see a noticeable increase in actual homebuying. That will come, but it takes time for lower rates to translate into buyers signing contracts and closing deals. [Source: Mortgage News Daily]

Local Market Trends

As of Friday, October 31, 2025

Ryan Gibson

Rates are down and opportunity is up across Van Alstyne and nearby areas. Buyers hold the power, refinances are rising, and homeowners are using equity and lower rates to save, consolidate debt, and invest back into their homes. It's the best market we've seen in years in this regard.

Local Market Trends (/) from Oct. to Nov. 2025.