Market Updates
Senate Committee Releases Affordable Housing BillRecently, the Senate Committee on Banking, Housing, and Urban Affairs voted to advance the Renewing Opportunity in the American Dream to Housing (ROAD to Housing) Act of 2025 which aims to increase the supply of...
Market Updates
This Week's Data Will Forecast 2H 2025This week is shaping up to be an important one, as a stack of economic data will be released. Here are some numbers to check out.While July's Consumer Confidence Index rose to 97.2 (1985=100), which is a two-point improvement from...
Market Updates
Consumers Conflicted about Tariffs' Effect on HousingThis year's news has often featured stories about the effect of tariffs and immigration on the U.S. economy. Some consumers are especially concerned about the effect on home prices and availability. A survey carried...
Market Updates
Sellers in the South, West Regions Cut PricesAs the inventory of homes for sale continues to rise, over 30% of the 100 largest metro markets are reporting annual price reductions. Last month's housing inventory rose to 29% year-over-year, according to data provided by...
Market Updates
How H.R. 1 Will Change the Real Estate MarketLast week, President Trump signed H.R. 1, nicknamed the Big Beautiful Bill, into law. Here are some provisions of the bill that may affect your clients, from first-time buyers to investors.Homeowners can now permanently...
Market Updates
Seller Optimism Is Mysteriously HighEven with more home sellers reducing their initial asking prices, a recent survey found that they're feeling quite optimistic these days. Over 75% of them aren't expecting to lower their asking price. However, this outlook doesn't...
Market Updates
May Home Sales, Prices Rise SlightlyRecent NAR data found that sales of previously owned homes rose slightly in May, up 0.8% from the previous month. This brought sales to an annualized rate of 4.03 million units. However, sales were 0.7% lower than during May 2024.On...
Market Updates
Buyers Caught a Break in MayPotential home buyers finally saw conditions improve last month. Less competition translated into 3.5% more sales than in April, with plenty of inventory to check out. Homes for sale hit a post-2020 high of 1.3 million listings. Sellers...
Market Updates
New Fannie Survey Finds Increased Buyer OptimismAccording to Fannie Mae's latest National Housing Survey, overall confidence in the housing market is rising. Their Home Purchase Sentiment Index (HPSI) for May 2025 rose to 73.5, which is up 4.3 points from April, and...
Market Updates
How to Create Your Brand KitHave you ever noticed how some brands are instantly recognizable from a distance? Golden arches mean McDonald's while green mermaids say Starbucks. If you're new to the business or setting up your own office, creating your own brand kit...
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