June 2, 2025 - 01:53

The national median listing price experienced a modest uptick last week, signaling a rebound in the housing market after a brief pullback. This rise comes as both new and active listings have been on the rise, reflecting a cooling trend in the late-spring market.
Despite the fluctuations, there is encouraging news for homebuyers. The increase in listings provides more options for those looking to purchase a home, potentially easing some of the intense competition that has characterized recent months. As more properties become available, buyers may find themselves in a better position to negotiate prices and terms.
This shift in the market could indicate a return to more balanced conditions, benefiting both buyers and sellers alike. While home prices are inching upward, the growing inventory offers a glimmer of hope for prospective homeowners who have faced challenges in securing suitable properties in a tight market. The evolving landscape suggests a promising future for those looking to enter the housing market.
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L.A.'s Mansion Tax Was Meant to Fund Housing. Research Says It May Be Backfiring.New research indicates that Los Angeles`s landmark `Mansion Tax` may be undermining its own goal of funding affordable housing. The study suggests the policy is canceling out a significant portion...
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Downtown S.F. offer tower draws zero bids in foreclosure auctionA prominent office building in San Francisco`s North Financial District was officially repossessed by its lender this week after a public foreclosure auction failed to draw any bids. The stark...
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