Lety  SyCip

Lety SyCip

REALTOR®

License #: CA DRE 01066644

REALTY EXPERTS

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The market is short 416K homes for middle-class homebuyers: NAR

USA Real Estate News-Inman - Fri, 2025-05-16 12:28
After a herky-jerky few years, the housing market is at a major tipping point, according to the National Association of Realtors' May 2025 Housing and Affordability Report. The report, which is based on NAR and Realtor.com data, revealed the market needs at least 416,000 listings priced at or below $225,000 to make homeownership affordable to the typical middle-class household.

Builders pull back from new construction once again in April

USA Real Estate News-Inman - Fri, 2025-05-16 11:41
April's housing data underscores a challenging landscape for new construction, particularly in the single-family segment, and the privately-owned segment isn't far behind.

Housing Starts See Diverging Shifts in Single and Multifamily Sectors

USA Real Estate News-RISMedia - Fri, 2025-05-16 11:24

Housing starts saw some significant shifts in the single-family and multifamily sectors this month, which economists claim is a reaction from tariffs and other economic issues. The latest data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau found that overall housing starts were up 1.6% in April to a…

The post Housing Starts See Diverging Shifts in Single and Multifamily Sectors appeared first on RISMedia.

Op-Ed: Confidence or Chaos? What Agents Need to Know When Markets Get Moody

USA Real Estate News-RISMedia - Fri, 2025-05-16 10:46

Ever notice how real estate feels like riding a rollercoaster blindfolded? One day, buyers are fired up. Next, they’re frozen. Add in inflation news, election-year noise and the Fed’s mixed signals, and suddenly, even seasoned agents are asking: “What now?” Here’s the thing…market moods are nothing new. But in a world where TikTok headlines hit…

The post Op-Ed: Confidence or Chaos? What Agents Need to Know When Markets Get Moody appeared first on RISMedia.

Confidence or Chaos? What Agents Need to Know When Markets Get Moody

USA Real Estate News-RISMedia - Fri, 2025-05-16 10:46

Ever notice how real estate feels like riding a rollercoaster blindfolded? One day, buyers are fired up. Next, they’re frozen. Add in inflation news, election-year noise and the Fed’s mixed signals, and suddenly, even seasoned agents are asking: “What now?” Here’s the thing…market moods are nothing new. But in a world where TikTok headlines hit…

The post Confidence or Chaos? What Agents Need to Know When Markets Get Moody appeared first on RISMedia.

Fed: Requiring buyer agreements has no effect on commissions

USA Real Estate News-Inman - Fri, 2025-05-16 10:30
The Federal Reserve analysis found that rising home prices are likely why commission rates fell in the past two decades, but found no impact on rates after buyer contracts were required in 15 states.

Serhant’s diss, Homes.com’s boost, Caballero’s record: Top 5

USA Real Estate News-Inman - Fri, 2025-05-16 10:27
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

‘Economic Pressures’ Push Big Annual Jump in Foreclosures

USA Real Estate News-RISMedia - Fri, 2025-05-16 10:01

Amidst economic challenges, foreclosure stats across the board have seen a significant year-over-year rise, according to the latest data from property analytics company ATTOM Data Solutions. ATTOM’s Foreclosure Market Report for April found that there were a total of 36,033 properties with foreclosure filings, up slightly by 0.4% from last month and up a whopping…

The post ‘Economic Pressures’ Push Big Annual Jump in Foreclosures appeared first on RISMedia.

Redfin shareholder sues for more information on Rocket merger

USA Real Estate News-Inman - Fri, 2025-05-16 09:22
Lawsuit seeks class action status to represent Redfin shareholders, claiming they need more information about financial advisor's potential conflict of interest before June 4 merger vote.
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