Real Estate News 05/07/2025

Today’s News Synopsis:

In The News:

CNBC – “Federal Reserve holds interest rates steady: What that means for credit cards, auto loans, mortgages and more” (05-07-25)

“The Federal Reserve announced Wednesday it will leave interest rates unchanged amid higher prices from President Donald Trump’s tariff policies and weakening economic growth.“

USA Today – “Zillow to stop showing certain home listings in late May under new listing policy“ (05-07-2025)

“Starting earlier this month, any property listing that was publicly marketed to consumers but not listed on the local MLS within one business day no longer appears on Zillow.”

BusinessWire –  “Offerpad and Auction.com Partner to Transform Real Estate Transactions“ (05-06-25)

“Offerpad Renovate becomes an Auction.com preferred provider”

HouseDigest – “The Most Affordable Place To Live In Florida In 2025” (05-06-25)

“Housing prices are rising sky-high all over the country. As more jobs are going remote, it’s never been a better time to relocate for more affordable housing. Fortunately, relocating to a cheaper area doesn’t mean you have to give up on creature comforts. Florida is one such option, with the same pristine beaches and mild winters of Southern California — all without the mind-numbing cost. ”

Zillow –  “Mortgage borrowers get a breather“ (04-30-25)

“Mortgage borrowers get a small respite, as rates edged down to the lowest levels seen in the recent few weeks. ”