Corrie Driebusch of the Wall Street Journal reports that the Trump administration is preparing an IPO for mortgage giants Fannie Mae and Freddie Mac later this year, aiming to raise…
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Newsletter:
90% chance of a rate cut in Sep 2025
Danielle Hale of Realtor.com reports on the July jobs data showing a moderating labor market, with payrolls up a net 73,000 and unemployment edging to 4.2% (after the prior month…
Experts warn we could be entering a construction recession
Logan Mohtashami of HousingWire reports that new home sales have underperformed expectations, with downward revisions to previous data and rising inventory levels, signaling a continued recession in residential construction. Despite…
Housing struggles into Q3 2025
Hugh Cameron of Newsweek reports this week that Moody’s Chief Economist Mark Zandi has issued a “red flare” warning for the housing market, citing it as a potential threat to…
Senior renters surge in 2025
Giulia Carbonaro of Newsweek reports that President Donald Trump’s newly passed One Big Beautiful Bill Act promises benefits for high-income homeowners and real estate investors. The bill quadruples the SALT…
Mamdani NYC win impact on real estate
Andrew Rice of Curbed reports that Zohran Mamdani’s shock victory in New York City’s Democratic mayoral primary triggered a panic among the city’s elite, who had collectively backed Andrew Cuomo…
Builder sentiment and output reaching record lows
Darla Mercado of CNBC reports that the Federal Reserve held interest rates steady at 4.25%–4.5% last week, signaling a cautious stance amid growing concerns over stagflation and tariff-driven inflation. While…
Mom and pop investors on the rise
Kiri Blakeley of Realtor.com reports that investor activity held steady in 2024, with 13% of homes purchased by investors, just shy of the 2022 peak of 13.3%. Despite high home…
No rate cut in sight summer 2025
Courtenay Brown and Neil Irwin of Axios report that while May’s jobs report showed a headline gain of 139,000 payroll jobs, deeper metrics reveal a cooling labor market. Job growth…