#housing-market-slowdown

#housing-market-slowdown

I never expected to own a home. I wasn't born into generational wealth. I grew up poor. There was-and is-no big family inheritance coming my way. Not property. Not cash. Not stocks or bonds or whatever financial instrument one might trade or sell or leverage to join the landed class.

The Homekey project at 1237 San Antonio Road has been in the works since fall 2023, when city and state leaders touted its importance in addressing the local and regional housing crisis.

Steve Murray, co-founder of RealTrends Consulting, stated that anyone claiming privately owned independent brokerages cannot compete is misinformed. The data indicates otherwise, showing their resilience and success.

The February PAPI declined over the month and is nearly 10% lower than a year ago, reflecting both reduced payments and steady income growth, Edward Seiler said. While affordability conditions remain challenging in many markets, these incremental gains felt across more than half of states are an encouraging sign for prospective buyers, particularly those seeking lower-payment options.

Quick Pricer Pro offers a more flexible and customizable view of AD Mortgage's loan options, with filters and scenarios that support more complex loan structuring.

The inheritance trend is especially pronounced in California, where tax policies encourage families to keep homes rather than sell them, according to the report. State rules cap property tax increases at 2% per year. They also allow children and grandchildren to inherit tax benefits on the first $1 million of real estate value if the home becomes a primary residence. Nearly 60,000 California homes were inherited in 2025, accounting for 18% of all property transfers in the state. For the first time, inherited homes more than doubled the number of new homes sold. Cotality said these incentives create a significant financial incentive for beneficiaries to hold onto the inherited home and use it as a primary residence effectively locking potential supply out of the open market.

Sales of new single-family houses in October 2025 were at a seasonally-adjusted annual rate of 737,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.1 percent (14.2 percent)* below the September 2025 rate of 738,000, and is 18.7 percent (21.7 percent)* above the October 2024 rate of 621,000. There were some negative revisions to the past three months, but the trend still stayed positive.