Cheryl Martin Broker Associate

New listing in Bellaire, 4 bedroom 2.2 bath, $1.350M.

Mortgage rates fell this week to their lowest level since September 2022, dropping to 6.01% for a 30-year fixed loan, down from 6.09% last week. Last year at this time, rates averaged 6.85%.

Freddie Mac’s chief economist, Sam Khater, says lower rates make buying a home more affordable and help homeowners save money through refinancing, with applications more than doubling over the past year.

The U.S. housing market will finally turn the corner in 2026, with a double-digit increase in home sales supporting a 4% increase in home prices, according to new predictions from the National Association of Realtors®.

“Next year is really the year that we will see a measurable increase in sales,” Yun said on Friday at a NAR conference in Houston. “Home prices nationwide are in no danger of declining.”

Compass Texas!! Thank you for an incredible day at TX REignite connecting with more than 300 inspiring real estate professionals in Dallas this week. I had the incredible pleasure of meeting the founder and listening to him speak a couple of times. I feel so fortunate to be a part of the largest, most successful brokerage in the nation. #1 in sales volume in the country. This is what he had to say about our third quarter 2025.

Robert Reffkin, Founder and Chief Executive Officer of Compass. “a record 851 principal agents joined Compass organically in Q3, marking an all-time high. This, combined with our 97.3% quarterly principal agent retention rate, demonstrates that Compass’ value proposition remains strong. In the third quarter, we also continued to outperform the industry as we grew organic transactions by 7% and total transactions by 22%, while market transactions increased by 2% year-over-year. This means organic and total transactions outgrew the market by five and twenty percentage points, respectively. For 18 consecutive quarters, spanning our entire history as a public company, Compass has outperformed the market on an organic basis. Organic quarterly market share grew 32 basis points year-over-year and total quarterly market share grew 83 basis points year-over-year to 5.63%.”