Orphe Divounguy of Zillow reports that nearly 50% of U.S. renter households are rent-burdened—spending over 30% of their income on rent—with disparities tied closely to race, gender, marital status, and…
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Newsletter:
2025 Q1 GDP Drops For First Time Since 2022
Claire Jones of the Financial Times reports that GDP dropped 0.3% in Q1 2025—its first contraction since 2022 and a sharp reversal from the prior quarter’s 2.4% growth. This was mainly because businesses rushed to…
Rents still rising in mid-2025, but not everywhere
Apartment List reports in their May 2025 National Rent Report that the national median rent rose 0.5% month-over-month in April to $1,392, while remaining down 0.3% year-over-year. Vacancy rates hit…
Buyers are turning to riskier ARM loans
Diana Olick of CNBC reports that the average 30-year fixed mortgage rate surged 13 basis points to 7.1% on Friday—the highest level since February—driven by volatility in the bond market…
Inflation expectations highest since 1981
Fan-Yu Kuo of the National Association of Home Builders (NAHB) reports that inflation cooled to a six-month low in March, with the Consumer Price Index (CPI) rising 2.4% year-over-year, down…
Elevated recession risk according to experts
Barney Henderson of Newsweek reports that JPMorgan Chase CEO Jamie Dimon has warned that tariff policy risks pushing the U.S. into a recession, fueling inflation, and straining vital international alliances.…
Builders reevaluating projects amidst tariffs
Danielle Hale of Realtor.com reports that existing home sales rose 4.2% in February 2025 to a seasonally adjusted annual rate of 4.26 million, though they still trailed last year’s pace…
Home prices rise 3.2%, led by Midwest
Lily Katz of Redfin starts us off this week reporting that while U.S. home prices rose 3.2% year-over-year in February 2025, the Midwest led the surge, with Milwaukee’s median sale…
Why home sellers are worried about the housing market
Joel Berner of Realtor.com reports that mortgage rates have dropped, with the Freddie Mac 30-year rate falling 13 basis points to 6.63%, the lowest since December. This decline, driven by…
