Here is your real estate news for Wednesday, July 9th. Today’s Real Estate News (July 9, 2025): Surge in Delistings as Frustrated Sellers Exit Market Home delistings in the U.S. spiked 47% year-over-year in May, with YTD delistings up 35%. Rising inventory (+28% YoY) coupled with sluggish demand has led sellers in markets like Phoenix to pull listings instead of cutting prices. Investors Buying Up...
Here is your real estate news for Tuesday, July 8th. Today’s Real Estate News (July 8, 2025): U.S. Housing Market Cooling Zillow forecasts a 1.4% decline in U.S. home values during 2025, citing rising inventory, affordability headwinds, and high mortgage rates. Despite this, existing home sales are expected to tick up slightly, with rental inflation easing as vacancy rates improve. First-Time...
Here is your real estate news for Monday, July 7th. Today’s Real Estate News (July 7, 2025): First‑Time Home Buyers Largely Absent; Landlords GainNew data show the number of first‑time homebuyers has dropped to near half the long‑term average—only 1.1 million in 2024—due to high mortgage rates and soaring prices, especially for homes under $500K. Meanwhile, rental demand is rising:...
Here is your real estate news for Thursday, July 3rd. Today’s Real Estate News (July 3, 2025): U.S. Housing Market Shows Signs of Freeze New home sales plunged 13.7% in May to an annualized pace of 623,000 units, a 6.3% year-over-year decline. With inventory at a 9.8-month supply — well above the 6-month benchmark — the market has entered a pronounced buyer’s market, especially in the South...
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...