June 2025

‘Feelings-based recession’: More Americans fearful of finances despite economic data

A rising tide of financial pessimism is washing over U.S. consumers, driven by concerns about inflation, global instability and a lack of economic clarity. At the same time, a solid majority of Americans remain optimistic about their financial future, according to TransUnion’s Consumer Pulse Study for the second quarter of 2025. The result is a nation of households that are increasingly divided on...

Home Flipping in U.S. Hits Lowest Level Since 2018

Flipping Profit Margins Continue to Shrink in 2025 The U.S. home flipping market saw a significant slowdown in early 2025, as both activity and investor profits declined sharply, according to ATTOM's newly released Q1 2025 U.S. Home Flipping Report. A total of 67,394 single-family homes and condominiums were flipped in the first quarter, representing 8.3% of all home sales between January and March. While...

Christie’s International Real Estate affiliate expands in Michigan

Birmingham, Michigan-based brokerage @properties REMI Christie’s International Real Estate is opening its 10th office in the state in July by expanding into the lakeside resort town of Traverse City. The brokerage was launched in 2021 by Detroit-area natives Eric Walstrom and Alex Irrer, and it has grown from an initial operation of two offices. Leading the new Traverse City office is longtime...

Are settlement rules pushing down agent commissions? New survey says the opposite

Few events in recent real estate history have rattled the industry more than the antitrust lawsuits filed against major brokerages and the National Association of Realtors (NAR), accusing them of artificially inflating agent commission rates. NAR settled the Sitzer-Burnett case for $418 million and agreed to rules that the plaintiffs believed would help bring down commission rates — primarily by...

Class Valuation unveils appraisal review tool

Class Valuation has launched a new appraisal review product designed to bring greater clarity and oversight to residential valuations. The new tool, Class Valuation Analysis (CVA), offers licensed appraiser-led reviews of existing appraisal reports by incorporating automated valuation model (AVM) technology. “In today’s market, uncertainty is expensive, and lenders can’t afford to...

A financial planner shares her journey to understanding reverse mortgages

Rachel Gustafson serves as a certified financial planner with the Financial Investment Team, a firm based in Portland, Oregon. Over the course of a 12-year career in the field, she has a specialty for helping her clients figure out the best and most efficient ways to retire. When reverse mortgages first showed up on her radar, she found herself with a natural aversion to them, according to an interview...

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