Real Estate News 06/13/2025

Today’s News Synopsis:

In The News:

MortgagePoint – “House Committee Unanimously Advances Trigger Lead Bill” (06-11-25)

“HR 2808, the Homebuyers Privacy Protection Act, sponsored by Rep. John Rose of Tennessee, has passed the House Committee on Financial Services by a unanimous vote of 46-0.“

Realtor.com – “Home Prices Pick Up Steam in the Hottest Housing Markets” (06-12-2025)

“Some of the hottest housing markets in May experienced dramatic price increases, driven by high demand and fewer homes for sale.”

Reuters – “US inflation expectations ease in May, New York Fed survey shows“ (06-10-25)

“Americans’ anxiety about the future path of inflation eased in May, as they also grew more upbeat about the state of their personal finances, according to a report released on Monday by the New York Federal Reserve.”

YahooFinance – “May CPI: Inflation pressures ease on a monthly basis as tariff uncertainty lingers“ (06-11-25)

“May’s Consumer Price Index (CPI) report showed inflation pressures eased on a monthly basis despite investor concerns that President Trump’s tariffs would accelerate the pace of price increases.”

Redfin – “7 Common Contingencies in Real Estate That Buyers Should Know”(06-11-25)

“In real estate, contingencies are conditions included in a purchase agreement that must be met for the transaction to move forward. These clauses protect both buyers and sellers by allowing either party to withdraw from the contract without penalty if specific terms aren’t satisfied.”