Candyd Mendoza of MPA reports that President Trump has nominated Jonathan McKernan to lead the Consumer Financial Protection Bureau (CFPB) amid ongoing efforts to dismantle the agency. While McKernan, a…
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Newsletter:
Homebuyer sentiment improves in 2025
AirDNA recently released a report on the short-term rental industry, highlighting slower nationwide listing growth (6.8% vs. 14.4% in 2023) and continued affordability challenges due to high mortgage rates and…
Impact of Tarrifs on Real Estate
Dawn Lim of Yahoo! Finance reports that Blackstone President Jon Gray declared that the office market has bottomed out, signaling a potential rebound after valuations plunged 50%-70% from their peak.…
Home sales hit lowest level since 1995
Ahead of the rate decision today, Reuters reported that U.S. equity fund outflows slowed to $3.2 billion in the week ending Jan. 22, down from $8.26 billion the prior week,…
Mortgage rates to remain elevated throughout 2025
Dana Anderson of Redfin reports on the lack of housing supply, citing a survey that reveals that 34% of U.S. homeowners say they’ll never sell their home, with baby boomers…
Jobs data signals rate cut pause in January 2025
Sarah Wolak of HousingWire reports on the ongoing devastating fires surrounding Los Angeles. These wildfires, burning over 60 square miles, have displaced more than 150,000 residents, killed 24 people, and…
How DOGE could impact real estate
Joel Berner of Realtor.com starts this week by reporting that mortgage rates continued climbing into 2025. Freddie Mac reported a 6-basis-point increase in the 30-year mortgage rate to 6.91%, the…
Housing market to remain subdued in 2025
Mark Worley of Redfin reports on housing prices, highlighting that home prices rose 0.5% in November 2024, marking the third consecutive month of such growth. Year-over-year, prices increased 5.7%, the…
2025 housing market and real estate predictions
As we look to close out the year, several outlets have been reporting housing market predictions for 2025. Starting with Redfin, which reports that pent-up demand will drive a modest…