Real Estate News 03/28/2025

Vanessa Bato

Vanessa Bato
March 28, 2025

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Today’s News Synopsis:

February’s inflation data exceeded expectations, with prices rising above the Fed’s 2% target. As concerns grow over inflation trends, investors are watching closely for the economic effects of President Trump’s tariffs.

In The News:

Yahoo Finance – “Fed’s preferred inflation gauge shows prices increased more than expected in February“ (03-28-25)

“The latest reading of the Federal Reserve’s preferred inflation gauge showed prices increased more than expected in February as inflation remained above the Fed’s 2% target. “

MPA Mag – “FHA-fueled purchase applications rise as refinances retreat ” (03-26-2025)

“Latest data shows strongest weekly pace since early February despite overall slowdown”

NAR – “‘NAR Introduces New Flexibility for Sellers While Retaining Clear Cooperation Policy” (03-25-25)

“New policy statement gives MLSs discretion to set a delay period in which sellers and their agents can keep their properties from being marketed publicly through IDX or syndication.”

Business Insider – “Florida may abolish property taxes. Here’s what they are in every state.” (03-28-25)

“Gov. Ron DeSantis of Florida has proposed eliminating property taxes in the Sunshine State.”

Redfin – “New York and the Midwest Dominate Redfin’s Hottest Neighborhoods of 2025“ (03-27-2025)

“Brooklyn’s Prospect Heights and Clinton Hill top Redfin’s 2025 list of hot neighborhoods, after posting a 105% spike in home sales from a year ago.”