"At a Glance" Local Housing STATS and News 07/24/26

30-Year Fixed: 6.85%  |  15-Year Fixed: 6.29%

The daily 30-year fixed ticked up to 6.85%, its highest in a year, and the 15-year rose to 6.29%. Oil crossing $100 is not helping the inflation picture that drives these rates.

A supply story worth watching: more than 300,000 vacant lots are sitting on Zillow right now, and experts call that good news, because those lots could become the homes America is short on. The catch is that most are rural, where land is cheap but water, roads, and power lines are missing. That is a long project, not a quick fix.

Also notable: Florida’s GDP hit $1.8 trillion, now bigger than Australia or Mexico, after twenty years of cutting taxes and courting new residents. Opportunity for investors, but also higher costs in the popular spots. Sound familiar to anyone watching the Bay Area price curve.

Today’s live board across our five focus cities shows 738 homes a buyer can actually pursue right now, including 56 brand new listings and 90 more coming soon. The full, always-updating ledger lives at harvrealtor.net/live-inventory.

Today’s Live Inventory (buyable now)

• Fremont: 282 available (221 active, 24 new, 36 coming soon)
• Hayward: 209 available (172 active, 18 new, 19 coming soon)
• Milpitas: 112 available (87 active, 3 new, 22 coming soon)
• Newark: 82 available (70 active, 4 new, 8 coming soon)
• Union City: 53 available (41 active, 7 new, 5 coming soon)

S&P 500: 7,408 ▼ 1.21%  |  DOW: 51,711 ▼ 0.97%  |  NASDAQ: 25,137 ▼ 2.15%

Stocks fell for a second straight day as investors braced for the Middle East conflict to drag on, and oil posted its biggest jump in more than two months.

One bright spot: Intel posted its best quarterly growth in over a decade. Revenue hit $16.1 billion, a 25% jump that beat every estimate, and shares rose 11% after hours on an AI-driven chip boom. Elsewhere, investors kept pouring into AI focused ETFs even as the market wobbled, partly for a tax reason: many traditional mutual funds are down yet still throwing off taxable distributions, while the AI ETFs are gaining and taxed differently.

US 10-Year: 4.70% ▬ 0.00%  |  Gold: $4,058 ▲ 0.29%  |  Silver: $58.98 ▲ 2.0%  |  Brent: $100.02 ▼ 0.67%

The layoff list keeps growing. Disney announced another round of job cuts, including at least 116 Pixar staff, even after Toy Story 5 and Inside Out 2 shattered box office records. That is its third round this year. Zoom out and 2026 has been a heavy year for announced cuts at some of the biggest names in business (chart below).

Shoppers are feeling it too. Albertsons made less money last quarter and pointed straight at customers buying less as high food and gas prices eat into budgets. It cut guidance for the rest of the year.

Oil crossed a line: Brent broke $100 a barrel for the first time since May as the U.S. and Iran conflict drags on. Higher crude works its way into everything from gas to groceries. The metals bounced back, with gold up to $4,058 and silver up about 2.0% to $58.98. The 10-Year Treasury held at 4.70%.

Why a REALTOR® cares about layoffs: job security is the quiet variable behind every pre-approval. A buyer who feels shaky about their employer waits, and a household that just lost an income becomes a seller on a timeline.

BTC: $65,073 ▲ 0.03%  |  ETH: $1,873 ▼ 0.20%  |  XRP: $1.11 ▼ 0.16%

Crypto was quiet, and the interesting news was defensive. Nine big crypto and finance firms, including Strategy and BlackRock, are teaming up to protect Bitcoin from future quantum computers, pledging $15 million over three years for quantum resistant cryptography research. Meanwhile BitMEX, the exchange that pioneered 100x Bitcoin leverage, is closing for good after legal trouble and newer rivals took its customers. Turns out 100 to 1 leverage was not a durable business model.

Disclaimer: The market data, rates, and information provided are for informational purposes only and should not be considered financial advice. Always verify rates and data with your lender or financial advisor before making any decisions.