Stay up to date with what’s shaping the housing market and construction industry today. From Fed rate decisions to long-term housing market trends, here’s a quick look at this month’s top updates.
Fed Holds Interest Rates Steady. Here’s When They Might Lower Them.
Following trader expectations, the Federal Reserve kept interest rates intact — between 4.25% and 4.5% — during their July meeting. Many now predict interest rates will be cut at the Fed’s October meeting, keeping short-term interest rates high in the meantime. There are expert predictions for the September and October meetings, what major economic factor the Fed is uncertain of, and whether interest rates will drop in 2025.
What to Expect in the Housing Market in 2025-2030
The housing market has seen drastic change in the previous five years and experts predict there will be further evolution in the next. While many factors are expected to affect the market — including tariffs immigration policy, AI, and the increased cost of home ownership — the primary consideration is mortgage rates. Read expert predictions for existing home sales, the future of real estate listings, and whether homebuilders will be able to fulfill demand for new homes.
US Housing Market Sees ‘Bright Spot’ Amid Struggles
In the midst of the US housing market’s unique position, there has been one ray of hope: starter homes. A new report shows that the sale of starter homes rose 3.9% compared to last summer. Discover why more homeowners are buying starter homes, what regional submarkets saw the most growth, and what it likely means for the market in the future.
New Website for Our Sister Business, Three Rivers Heating & Air
Since 1981, Three Rivers Heating & Air has proudly served Sacramento and surrounding communities, offering reliable and affordable HVAC solutions. We’re proud to announce that our sister business now has a new website to match their outstanding reputation for exceptional service and knowledgeable, friendly technicians. Head to their new website now to learn more about the Three Rivers Heating & Air experience, explore the services, and discover why they have more than 80 5-star reviews. View the new website here: https://www.threeriversheatingandair.com/
Partner Spotlight
ReVant Bath Fans
Creating a comfortable, airy home starts with the proper ventilation. That’s why we are proud to feature our partner, ReVent Bath Fans. Since 2018, ReVent has revolutionized the ventilation fan industry by introducing technologically advanced, premium-grade products for both residential and commercial locations. Learn more about their cutting-edge products here.
Employee Spotlight
Kristian Helmick, Junior HVAC Estimator
Kristian joined us in 2021 while earning his Drafting degree and quickly moved from entry level to key contributor (he was recently promoted to Junior Estimator!). He’s been instrumental in refining our Multi-Family estimating process, an area he tackled head-on while others shied away. One standout project is the Demaree Apartments with Pacific West Builders.
Kristian is passionate about building energy-efficient systems, mentoring future talent, and helping shape the future of our Multi-Family and Commercial divisions.