Real Estate News 06/16/2025

Today’s News Synopsis:

In The News:

YahooFinance – “‘It makes sense to be on hold’: Why Wall Street strategists think Fed rate cuts aren’t coming anytime soon” (06-16-25)

“It was an encouraging week for economic data, with inflation showing signs of moderation and consumer sentiment rebounding for the first time this year.“

MSN.com – “The National Observer: Real Estate: Budget bill could mean big changes for affordable housing” (06-16-2025)

“I feel the need to reemphasize that sentiment is for the national market — every local housing market has its own unique story to tell. But in a recent analysis by The Business Journals of 8,936 ZIP codes, 5,788 — or 64% — posted a year-over-year increase in home listings in the first quarter. Of those, 698, or 7.8%, recorded an increase of at least 50%.”

Norada Real Estate – “Mortgage Rates Predictions for Next 2 Years: 2026-2027“ (06-14-25)

“Mortgage rates are a fundamental determinant of housing market activity, directly impacting affordability for prospective homebuyers and influencing refinancing decisions for current homeowners. After a period of significant volatility, rates in 2025 have settled into a range that, while still elevated compared to the historically low levels of the pandemic era, shows signs of potential future easing.”

Redfin – “Homebuyers’ Down Payments Are Shrinking for the First Time in Almost Two Years as Housing Market Cools“ (06-16-25)

“The typical U.S. homebuyer’s down payment is $62,468, down by roughly 1% year over year, the first annual decline in nearly two years.”

Real Estate News – “‘AI agents’ are coming — here’s what you need to know”(06-16-25)

“Futurist and former Google exec Steve Brown said there are three waves of AI coming — far beyond ChatGPT — and they’ll hit real estate in different ways.”