Edition of Saturday, July 25, 2026

PROPFOMO

The front page for real estate investors

Rates at an 11-month high. Choice is back. Sellers are blinking first.

A red price cut sign outside a row of suburban homes
Seller pressure moves into view. PropFOMO editorial illustration.

30-year fixed at 6.58%. June inventory ~824K — highest since pre-pandemic. 39% of actives already cut price.

Freddie Mac · HousingWire · July 23, 2026

Why it matters. Not a national fire sale — leverage is forming market by market for patient capital.

The numbers30Y RATE 6.58% (↑ 0.03 wk) · Freddie Mac · Jul 23INVENTORY ~824K (June avg) · HousingWire · JunPRICE CUTS 39% (of actives) · HousingWire · Jun 26FORECLOSURES +21% (H1 YoY) · ATTOM · Jul 16APT VACANCY 8.9% (↓ below 9%) · Cushman · Q2APT RENTS +1.5% (YoY) · Cushman · Q2

THE FREEZE

THE CRACKS

A foreclosure notice outside a Florida-style home under storm clouds
Distress concentrates in specific markets. PropFOMO editorial illustration.

THE TURN

Apartment towers filling with lights beside idle construction cranes
Occupancy rises as the construction pipeline thins. PropFOMO editorial illustration.

Next step

The markets where owners are already blinking.

Free: 3 live market scans · Full deal cards, owner contact, and Interested can add to Follow Up Boss or a new Google Sheet from $99/month

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