Author: Brad Beckett

According to recent research from the NAHB’s Eye on Housing, a record-high 6.8 million households shared their housing with unrelated housemates, roommates or boarders in 2023.  Interestingly, they point out that the number of households sharing housing with nonrelatives had been rising steadily since the 2008 housing crash until the COVID-19 pandemic interrupted the upward trend. While college-age and young adults make up the largest subset of house sharers (close to 41%), this type of living arrangement is gaining popularity among older householders fastest, with the 55+ segment accounting for 30% of all house-sharing households in 2023. Click here to…

On a recent episode of Real Estate News for Investors, Kathy Fettke discusses how HUD and the FHA are walking back a Biden-era policy on foreclosures that gave nonprofits and government agencies first access to buy distressed properties. She breaks down what this rollback means for investors, how it could speed up the flow of foreclosed homes to the open market, and why it might lead to new buying opportunities in 2025. Click here to listen.

The U.S. Department of Education recently announced that, effective May 5 2025, it will resume collections of defaulted federal student loans.  The department says there are 42.7 million borrowers that owe more than $1.6 trillion in student debt as well as over 5 million borrowers have not made a monthly payment in over 360 days and sit in default.  In addition, they say there could be almost 10 million borrowers in default in a few months.  Indeed… “The U.S. Department of Education today announced its Office of Federal Student Aid (FSA) will resume collections of its defaulted federal student loan…

The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) recently released their 2024 Internet Crime report which offers critical insights into the cyber threat landscape based on aggregated data from reported complaints.  The FBI says that in 2024, the top three cyber crimes by number of reported complaints were phishing/spoofing, extortion, and personal data breaches.  In addition, victims of investment fraud, specifically those involving cryptocurrency, reported the most losses—totaling over $6.5 billion. “Reporting is one of the first and most important steps in fighting crime so law enforcement can use this information to combat a variety of frauds and…

According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 177k in April, 2025 with the unemployment rate coming in at 4.2% – about the same as March.  In addition, the report says employment continued to trend up in health care, transportation and warehousing, financial activities, and social assistance.  Once again, employment with the government saw big declines. Click here to read the full report at the Bureau of Labor Statistics.

The U.S. government is reporting that total construction spending in March, 2025 was at a seasonally adjusted annual rate of $2,196.1 billion, down 0.5% from February’s revised number.  However, March’s estimate is 2.8% higher than one year ago.  Residential construction came in at a seasonally adjusted annual rate of $937.7 billion in March, which is 0.4% lower than February’s revised estimate. Click here to read the full report at the U.S. Census Bureau.

It will come as no surprise to many that in 2024, the Ford F-Series truck was the best-selling vehicle in a majority of U.S. States.  Using data form Edmunds, today’s graphic from the Visual Capitalist illustrates the best selling car in every state.  Stay safe and have a Happy Friday!!! Hat tip to the Visual Capitalist.

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices were up 3.9% from February 2024 to February 2025, after rising 0.1% in February.  The FHFA HPI is the nation’s only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back to the mid-1970s. Click here to read the full report at the FHFA.

According to their “advance” estimate, the U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) decreased at an annual rate of 0.3% in Q4 2024. Click here to read the full report at the U.S. Bureau of Economic Analysis.

According to the ADP National Employment Report for April, 2025, private sector employment increased by 62k jobs and annual pay was up 4.5% year-over-year. The ADP National Employment Report is an independent and high-frequency view of the private-sector labor market based on the aggregated and anonymized payroll data of more than 25 million U.S. employees. “Unease is the word of the day. Employers are trying to reconcile policy and consumer uncertainty with a run of mostly positive economic data…It can be difficult to make hiring decisions in such an environment”  Said ADP chief economist Dr. Nela Richardson. Click here to…