Real Estate News 08/06/2025

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Today’s News Synopsis:

Resale prices are down year-over-year in 53 of 150 tracked markets, while new home prices drop -1.5% as builders face growing unsold inventory.

In The News:

 

John Burns Research – “Home prices are falling in 35% of the country (08-05-25)

“Resale prices have risen in 65% of the country over the last year, so pay attention to local dynamics. For our clients, we produce 70-page reports and have user-friendly dashboards with just about every stat we can think of on 100+ metro areas every month.

CNBC – Student loan borrowers face new challenges trying to get Public Service Loan Forgiveness(08-06-2025)

“Borrowers pursuing Public Service Loan Forgiveness are hitting walls trying to access the relief, and the Trump administration wants to limit eligibility.”

Realtor.com – Housing Market Cools Nationally—but Regional Realities Tell a Different Story (08-01-25)

“The housing market is entering the second half of the year under a complex mix of economic signals, with homebuyers and sellers alike facing diverging trends depending on where they live.”

Redfin – Homebuying Affordability Is Improving in These 11 Places (08-06-25)

“Nationwide, the typical homebuyer needs to earn $112,131 per year to afford the median priced home—roughly $25,000 more than the typical household makes.”

NAR – NAR Joins America’s Housing Comeback Initiative(08-07-2025)

“Coalition will bring national attention to what’s working at the state and local level to address housing supply and affordability.”

 

 

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