Here is your real estate news for Wednesday, July 2nd. California Cuts Red Tape for Housing ConstructionGovernor Gavin Newsom signed a major rollback of CEQA regulations for urban housing, allowing many new developments to bypass lengthy environmental reviews. The move aims to tackle California’s severe housing shortage and encourage more building in cities like Los Angeles and San Francisco. Critics...

Here is your real estate news for Tuesday, July 1st. Today’s Real Estate News (July 1, 2025): U.S. Housing Market Facing a Broad SlowdownHome sales dropped 13.7% in June—the lowest since October 2024—as expensive listing prices and elevated rates (≈7%) continue to suppress buyer activity, prompting builders to scale back. Suburbs Become the New Renter HubsRising home prices (+47% since 2020) and...

Here is your real estate news for Monday June 30th. Today’s Real Estate News (June 30, 2025): Mortgage Market Remains Elevated, Fed Cuts Still DistantDespite hopes for relief, mortgage rates are holding firm in the mid-6 % range. Bay Area lenders caution that even with Fed rate cuts, broader economic influences—like Treasury yields and MBS sales—will keep mortgage costs elevated through 2025,...

Here is today's real estate news for Thursday, June 19, 2025: Today's Real Estate News (June 19th, 2025): Federal Reserve Holds Rates Steady, Signals Possible Cut in September: As expected, the Fed left interest rates unchanged during today’s meeting, keeping the benchmark rate at its current 23-year high. Chairman Jerome Powell emphasized the need for more inflation data before easing, though markets...

Here is your real estate news for Wednesday, June 18, 2025: Top Real Estate News (June 18th, 2025): Housing Market Strains Signal Broader Economic Risks: The U.S. housing market is flashing warning signs. A record gap of nearly half a million more sellers than buyers in April highlights waning demand. Existing-home sales are trending toward 30-year lows, while affordability remains a major drag on...

Here is your real estate news for Tuesday, June 17, 2025: Top Real Estate News (June 17th, 2025): Mortgage Demand for New Homes Dips Amid Affordability Hurdles: Demand for new construction homes has softened, with mortgage applications for new purchases falling by 4.5% in May compared to the same month last year, according to a report from the Mortgage Bankers Association (MBA). Commercial and...

Here is your real estate news for Monday, June 16, 2025: Top Real Estate News (June 16th, 2025): Summer Market Opens with More Options for Homebuyers: The summer housing market is kicking off with a significant increase in inventory, providing more choices for prospective buyers. Active listings have climbed by over 27% compared to the same time last year, marking the 83rd consecutive week of annual...

Here is your real estate news for Friday, June 13, 2025: Top Real Estate News (June 13th, 2025): Home Price Growth Expected to Moderate, Affordability Remains a Challenge: A consensus is forming among housing experts that home price appreciation will slow down in the coming months. A panel of over 100 experts surveyed by Fannie Mae projects a 2.9% growth in home prices for 2025, a downward revision...

Here is your real estate news for Thursday, June 12, 2025: Top Real Estate News (June 12th, 2025): Housing Market Cools as Buyer Power Increases: A notable shift in the housing market is empowering buyers, with the proportion of homes selling above their asking price dropping to its lowest springtime level since 2020. According to a new report, this trend, coupled with a significant increase in the...

Here is your real estate news for Wednesday, June 11, 2025: Top Real Estate News (June 11th, 2025): Privatizing Fannie Mae & Freddie Mac Could Raise Mortgage Rates: A proposal from former President Trump to privatize these GSEs has sparked industry concern. Economists warn mortgage rates could jump by up to 1% initially, potentially reducing affordability for average buyers. High Rates...