Author: Brad Beckett

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index has reported a 2.7% annual increase for April, 2025.  Their 10-City Composite increased 4.1% and their 20-City Composite increased 3.4%, year-over-year.  Yardi says the market is increasingly being driven by fundamentals rather than speculative fervor: “The housing market continued its gradual deceleration in April, with annual price gains slowing to their most modest pace in nearly two years…What’s particularly striking is how this cycle has reshuffled regional leadership—markets that were pandemic darlings are now lagging, while historically steady performers in the Midwest and Northeast are setting the pace. This…

FHFA Director William J. Pulte recently issued an order directing Fannie Mae and Freddie Mac to consider crypto currency as an asset for single-family loans.  According to Pulte’s directive, cryptocurrency is an emerging asset class that may offer an opportunity to build wealth outside of the stock & bond markets.  In addition, prior to implementing any changes, each enterprise must submit their plans to the FHFA (after their respective boards approval) for review. “After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie…

On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Stephen Petasky, who is leading the charge in the evolving luxury real estate market.  As Founder and CEO of The Luxus Group, he’s redefining high-end vacation homeownership through innovative co-ownership models, managing $100M+ in luxury properties across six countries. “…he’s here to share the four pillars of luxury that help create high-end experiences at scale.” Click here to listen.

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices U.S. house prices house prices fell 0.4% in April.  Year-over-year, house prices rose 3% from April 2024 to April 2025.  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 ATTOM’s Q1 2025 U.S. Home Flipping Report, 67,394 single family homes and condominiums were flipped in the first quarter of 2025, accounting for 8.3% of all home sales from January through March.  The report says the overall buying slowdown appears to be affecting home flippers – seeing their lowest quarterly number since 2018.  In addition, they point out that returns have also been falling, with the typical flipped home netting a 25% ROI (before expenses) in Q1 of 2025. That was down from 28% in Q4 2024. “The competitive home market means high prices, which is good for…

The U.S. Government is reporting that sales of new single-family houses in May, 2025 were at a seasonally adjusted annual rate of 623k, which is 13.7% lower than April’s revised rate and is 6.3% higher than one year ago.  The median sales price of new houses sold in May was $426,600 with an average sales price of $522,200.  There were an estimated 507k new houses for sale at the end of May representing an 9.8-month supply at the current sales rate. Click here to read the full report at the U.S. Census Bureau.

The National Association of Realtors is reporting that pending home sales dropped 1.8% in in May, 2025. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) came in at 72.6 in May. “Consistent job gains and rising wages are modestly helping the housing market…Hourly wages are increasing faster than home prices. However, mortgage rate fluctuations are the primary driver of homebuying decisions and impact housing affordability more than wage gains.”  Said the NAR’s Chief Economist Lawrence Yun. Click here to read the full report at the NAR.

The National Association of Realtors is reporting that existing home sales were up 0.8% in May to a seasonally-adjusted annual rate of 4.03 million – down 0.7% year over year.  Total housing inventory at the end of May was 1.54 million units, up 6.2% from April and up 20.3% 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 27 days.  The median existing-home price for all housing types in May was $422,800.  The NAR says high mortgage rates are the problem: “The relatively subdued sales…

Chartistry says property crime is one of the common types of crime in the country.  Citing data from the FBI, today’s infographic illustrates those U.S. cities with the highest instances of property crime and the most considerable financial loss due to that crime.  As always, stay safe and have a Happy Friday!!! Hat tip to Chartistry.

The Wall Street Journal had an interesting piece (reposted on Realtor.com) about New York City’s Mayoral primary that subsequently took place on June, 24th.  Their article suggested that NYC’s housing crisis has reached such epic proportions that a Democratic Socialist might be the next mayor.  Since its publication, extreme left-leaning candidate Zohran Mamdani won the Democrat primary election effectively making him the next Mayor of New York, since the Democrat Party dominates city elections. The WSJ says NYC’s housing crisis has hit a new level, even by New York City standards, with vacancy rates recently dropping to a record 1.4%…