Real Estate News 03/17/2025

Today’s News Synopsis:

In The News:

BusinessMirror – “The Fed is in wait-and-see mode; investors want reassurance it will act if needed“ (03-17-25)

“Jerome Powell faces a tricky task this week of both assuring investors the economy remains on solid footing while also conveying policymakers stand ready to step in if necessary.“

Realtor.com – “Good News for Homebuyers—It’s a Friendlier Market as Sellers Get Ready for Spring” (03-14-2025)

“The much anticipated spring selling season is a few weeks away, and signs point to a friendlier market for homebuyers.”

Money –  “Gen Zers and Millennials See Homeownership as an Impossible Goal” (03-17-25)

“Americans who don’t already own homes are deeply discouraged about their chances of overcoming the obstacles to homeownership. Among non-homeowners, 53% of people say that “owning a home will never be financially affordable,” according to new survey data from life insurance company Northwestern Mutual.”

Redfin News – “Home Prices Are Rising Fast in the Midwest” (03-14-25)

“Nationwide, home prices rose 3% year over year, while pending sales fell the most since 2023.”