Author: Brad Beckett

Now that Fall is finally here, the numbers are rolling in.  Recent MLS data analyzed by Redfin says there were an estimated 35.2% more home sellers than buyers in the U.S. housing market in August.   In addition, they say June 2025 was the only month in records dating back 2013 when sellers outnumbered buyers by a greater percentage (36.3%).  They say this past summer was the strongest buyer’s market on record. Indeed…Some key points: There were an estimated 506k more home sellers than buyers in August. Florida & Texas are home to the strongest buyer’s markets. Click here to read…

The National Association of Realtors is reporting that pending home sales were up 4% in August, 2025 and were up 3.8% year over year.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) came in at 74.7 in August. “Lower mortgage rates are enabling more home buyers to go under contract…In the Midwest, low mortgage rates combined with high levels of affordability are attracting more buyers compared to other regions.”  Said the NAR’s Chief Economist Lawrence Yun. Click here to read the full report at the NAR.

Earlier this week we posted recently released statistical data from the Census Bureau that measured income, poverty & health insurance coverage.  Today’s graphic from the Visual Capitalist takes a look at Americans on Welfare, breaking down each state’s percentage of households on income or food support (as of 2023).  As always, stay safe and have a Happy Friday!!! Hat tip to the Visual Capitalist.

According to their final estimate, the U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) increased at an annual rate of 3.8% in Q2 2024. Click here to read the full report at the U.S. Bureau of Economic Analysis.

According to the latest Cotality (formerly CoreLogic) Single-Family Rent Index (SFRI), U.S. single-family home rental prices increased 2.3% year over year in July, 2025.  In addition, July rent for detached rentals grew by 2.2%, and attached rental rates rose by 1.8%. “After a strong start to the year, single-family rent growth is clearly losing steam…in July, we broadly saw weakening in annual single-family rent growth across metro areas and price tiers. The monthly growth rate came in at just 0.2%, well below the historical July average of 0.7%, and is a notable shift from the stronger-than-usual monthly gains recorded earlier…

Rental information site Zumper recently released their latest monthly National Rent Report for September, 2025.  According to their data, median rent for 1-bedroom apartments was $1517 (no change) and $1894 (down 0.2%) for two-bedrooms. Be sure to check out their list of the top 100 metro areas. “National rent prices have cooled over the past few months as the rental market continues to recalibrate…A combination of cautious renter demand amid economic headwinds, ample inventory on the market, and a labor market that’s losing momentum have eased the pressure on rents we saw earlier this year.”  Said Zumper CEO Anthemos Georgiades.…

In case you were curious, the NAHB’s Eye on Housing says that in 2024, 65% of newly completed single-family homes featured two-car garages.  The share of new homes with three or more car garages stood at 15%, continuing a downward trend from its peak of 24% in 2015 and decreasing 2 percentage points from 2023. One-car garages, which have been steadily increasing in recent years, reached their highest share in three decades coming in at 9%.  Shares of homes with carports and homes without any parking facility remained steady, coming in at 1% and 9%.  This was all according to…

The U.S. Census Bureau recently released statistical data that measures income, poverty & health insurance coverage in the United States in 2024.  The data comes from three Census Bureau reports: “Income in the United States: 2024,” “Poverty in the United States: 2024,” and “Health Insurance Coverage in the United States: 2024.” Among the findings; Real median household income was $83,730. The official poverty rate fell 0.4 percentage points to 10.6%. 92% of the U.S. population had health insurance coverage for all or part of of the year. An estimated 27.1 million or 8% of people did not have health insurance.…

The National Association of Realtors is reporting that existing home sales were down 0.2% in August, 2025 to a seasonally-adjusted annual rate of 4 million.  Total housing inventory at the end of August was 1.53 million units, down 1.3% from July and up 11.7% from one year ago.  Unsold inventory sits at a 4.6-month supply at the current sales rate with properties remaining on the market for around 31 days.  The median existing-home price for all housing types in August was $422,600 – the 26th consecutive month of year-over-year price increases.  The NAR says more inventory is needed; “Home sales…

The U.S. Government is reporting that sales of new single-family houses in August, 2025 were at a seasonally adjusted annual rate of 800k, which is 20.5% higher than July’s revised rate and is 15.4% higher than one year ago.  The median sales price of new houses sold in August was $413,500 with an average sales price of $534,100.  There were an estimated 490k new houses for sale at the end of August representing an 7.4-month supply at the current sales rate. Click here to read the full report at the U.S. Census Bureau.