Without key government data during this record-breaking shutdown, the signals we do have on the economy are mixed and housing is caught in the middle. The federal government shutdown is now the longest one on record, surpassing the 2018–19 shutdown that lasted 35 days. While lenders have workarounds to keep many home sales on track, … Read more
Voters in New York City have approved three ballot initiatives intended to speed the construction of more residential housing units, in a step toward addressing the city’s dire housing shortage. The amendments to the city charter appeared on the ballot Tuesday, when voters also elected Zohran Mamdani as mayor, after the progressive Democrat campaigned heavily … Read more
America’s housing market has split in two: High-earning buyers and sellers still have choices and leverage, while everyone else faces shrinking options and rising costs. It’s a divide that mirrors the broader K-shaped economy defining 2025. After an economic shock, parts of the economy shoot upward—like the top arm of the letter “K”—while others slide … Read more
Canadian homebuyers are increasingly turning away from U.S. housing markets amid the ongoing tariff dispute between the two countries, but despite the pullback, Canadians continue to account for the largest share of international demand. Between July and September, Canadian house hunters handily topped the list of foreign property buyers in the U.S., making up nearly … Read more
The U.S. housing market, along with other segments of the economy, may already be in a recession because the Federal Reserve has not been aggressive enough cutting interest rates, Treasury Secretary Scott Bessent said Sunday. “I think that we are in good shape, but I think that there are sectors of the economy that are … Read more
A 100-year-old Bay Area property that was once home to a main residence and a studio apartment has now been transformed into a three-dwelling compound that will see multiple homeowners sharing a piece of the property pie. 1516 Blake St. in Berkeley, CA, began as a Mediterranean-style dwelling that was built in 1925, but in … Read more
New Jersey may be stereotyped from “The Jersey Shore” reality show, and often it’s been the butt of jokes, but it’s no joke when it comes to owning real estate in the Garden State. In certain parts of the state, there are hot spots where home prices continue to increase as demand grows. Interest in … Read more
President Donald Trump now has a short list of five final candidates to replace Federal Reserve Chair Jerome Powell, and his ultimate selection will have major implications for the housing market and the broader economy. Although Trump has repeatedly threatened to fire Powell, whom the president himself appointed during his first term, Powell seems destined … Read more
The Sunflower State has a housing problem—and one real estate agent is doing her part to fix it, though not in the way you might expect. Realtor® Fran Sutton, 52, was born and raised in Kansas City, KS. She’s been a real estate agent in the area for 21 years, and shortly after the COVID-19 … Read more
Boston’s real estate market is showing its trademark resilience—and now, a wave of new housing is set to rise from the city’s empty office buildings. With 19 office-to-residential conversions approved and several already under construction, Boston is betting big on adaptive reuse to tackle its housing shortage and breathe new life into its downtown. “Boston’s … Read more