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.
Author: Brad Beckett
Brad Beckett
Director of Education & Outreach, National Real Estate Investors Association
VOIP service OOMA says retirement is the well-earned chapter of life when you can finally escape the busy workweek to focus on relaxation, personal pursuits and quality time with your loved ones. Indeed….and today’s graphic lays out the most and least expensive state for retirees. Hat tip to Ooma.com
Realtor.com says cities may be thought of as glamorous and exciting, but many prefer the suburbs. However, how do you know which suburb to pick? They recently combed through data from various sources (Census, cost of living, school rankings and quality of life metrics) to come up with the top 20 suburbs for a quieter life away from the city. They define suburb is as a place located within a Census-defined urbanized area, but outside the principal city with a population of at least 1,000. “Many of the suburbs on the list are relatively high-priced, but those higher costs often come…
On a recent episode of the Idaho Real Estate Investor Show, Jonna Weber shares her personal journey into real estate investing and the pivotal role conferences and networking have played in her success. She reflects on how one event in 2011 sparked opportunities that led to over $200 million in real estate sales and the launch of Idaho REI Network. She also reveals why she’s so passionate about bringing investors together for the upcoming Idaho Real Estate Investing Conference, and why even brand-new investors can’t afford to miss it. Click here to listen.
According to ATTOM Data’s August 2025 U.S. Foreclosure Market Report, there were 35,697 residential properties with foreclosure filings (default notices, scheduled auctions or bank repossessions) down 1.1% from July and up 18.1% from a year ago. ATTOM says, nationwide, one in every 3,987 housing units had a foreclosure filing in August. States with the worst foreclosure rates were Nevada, Florida, and South Carolina. Be sure to look at their list of all 50 states. Nevada led the nation in foreclosure rates for August 2025, overtaking South Carolina and Florida. This shift may signal emerging regional pressures, as affordability challenges and…
Local Market Monitor recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. “Measured by the number of jobs, the economy has grown at a steadily slower pace for the past few years, but new government policies seem to be accelerating that trend. While the rate of job growth was 1.3 percent in December, it fell to 0.8 percent in August.” Click here to read more at Local Market Monitor.
Recent analysis from the Associated General Contractors said construction employment decreased by 7k positions in August and has seen little change since December (less than 1% increase). In addition, the report says the unemployment rate for recent construction industry workers in August was only 3.2%. Construction employment in August totaled 8,295,000, seasonally adjusted. “The latest figures show that nonresidential construction—not only homebuilding—has stalled…That fits with reports that owners have hit the pause button on many projects, in large part because of uncertainty over the impact of tariffs and other policy upheavals, as our workforce survey found.” Said Ken Simonson, the…
According to the latest Cotality (formerly CoreLogic) Home Price Insights (HPI) report, price growth in July dipped to 1.4%, which is well below the 2.7% rate of inflation recorded in the CPI during that same period. They say the 2025 spring homebuyers season ended softly, with slower price growth dominating the narrative and potentially opening the door to more buyers. Some key points: Year-over-year price growth dipped to 1.4% in July 2025 – almost half the rate of inflation. Monthly price increases have been nominal this year. “While housing market expectations remain influenced by the availability of for-sale inventory and…
The U.S. government is reporting that privately‐owned housing starts in August, 2025 were at a seasonally adjusted annual rate of 1,307,000, which is 8.5% lower than July’s revised number but and is 6% lower than one year ago. August’s rate for buildings with five units or more was 403k. Privately‐owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,312,000, which is 3.7% below than July’s revised number and is 11.1% lower than one year ago. Authorizations of units in buildings with five units or more were at a rate of 403k in…
The first day of Fall is this Monday, September 22nd. That means it’s time to start thinking about lawn-care for the upcoming cooler months and prepping for a great lawn next Spring. Today’s infographic from The Home Depot lays out exactly what needs to be done to prepare your yard for the winter months ahead so it’s in tip-top shape for the Spring….and it starts “around” labor Day. As always, stay safe and have a Happy Friday!!!!Hat tip to The Home Depot.
