#housing-market

#housing-market

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A whopping 90% of Gen Z homeowners underestimated the cost of owning a home, impacting their finances significantly and risking their ability to keep their homes.

The State of the Nation's Housing 2025 report found that in 2024, roughly 8.3% of American households reported moving over the past year, a decline from previous years.

All of the markets we operate in experienced some level of softening [this quarter]. Even in our strongest performing markets, buyers needed the assistance of incentives.

Small to midsize urban housing developers are the winners in California's rollback of environmental protections this week. The pair of budget trailer bills that Gov. Gavin Newsom signed into law Monday night exempt housing projects up to 85 feet in height from public review under the California Environmental Quality Act (CEQA), so long as they're located in existing neighborhoods.

Currently, 82% of homeowners in America have at least 30% equity in their homes, providing stability in the housing market unlike during the last crash.

"The housing market has gotten increasingly expensive and increasingly difficult to afford on just one income," says Hannah Jones, senior economic research analyst at Realtor.com.

There's a certain kind of buyer who walks into a Craftsman home and immediately feels at home, the warm woodwork, the built-ins, the cozy front porch.

To meet the 30% affordability benchmark in coastal cities, homebuyers must provide down payments of 80% to 95%, making homeownership increasingly unattainable.

Fannie Mae and Freddie Mac have been instrumental in helping to prevent over 60,000 foreclosures in Q1 2025, demonstrating solid performance in mortgage management.

"This spring marked a turning point for the Washington housing market," says Lisa Sturtevant, chief economist at Bright MLS.

In the Bay Area, the growing senior population contrasts with a stagnant youth population, raising concerns for economic development and community sustainability.

The average monthly Social Security benefit is about $2,002, which falls well below the average rent in major cities, making it inadequate for many retirees.

The average asking rent in Montreal has increased by nearly 71% since 2019, hitting $1,930 in early 2025 according to Statistics Canada's report.

The high cost of living in California is the primary driver behind declining enrollment in local charter schools like Downtown College Prep, impacting their financial viability.