Author: Brad Beckett

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%…

According to the latest Cotality (formerly CoreLogic) Single-Family Rent Index (SFRI), U.S. single-family home rental prices increased 2.9% year over year in April, 2025. Single-family rent prices in April were up 0.8% from March. In addition, breaking it down, rent for detached units grew by 2.4%, and attached rental rates rose 2.7%. “Annual single-family rent growth mostly moved sideways in April, increasing by 2.9% year over year for the second consecutive month. Rents increased the most in the Northeast, Midwest, and Mid-Atlantic. They increased the least in the South, which is a similar pattern to home price growth. This could…

In their latest Self Storage National Report, Yardi says national advertised rates were down 0.5% year-over-year in May 2025, with an annualized average rent per square foot of $16.76 for the combined mix of unit sizes and types. This compares to -0.3% in April and -0.2% in March.  In addition, Yardi says their data points to a gradual slowdown in new development with new square footage will dropping in the coming years. Yardi Matrix data points to a gradual slowdown in new development. The Q2 2025 Yardi Matrix self storage supply forecast anticipates that new square footage will drop 19%…