The Buzz: April 30

The Buzz is a regular summary of housing market news and data driving our decision-making at BlueBid.

Here's the Buzz for the week of April 30, 2025:

• CNN says tariffs and stock market volatility are clouding spring home shopping season, and Realtor.com reports existing home sales plunged to the slowest pace since 2009 in March. 

• Mortgage data tells a similar story, as CNBC writes weekly mortgage demand plunged nearly 13% last week.

• A recent state-by-state report card on affordability and homebuilding published by Realtor.com shows 7 states in the northeast and west receiving failing grades.

• Per NBC News, homebuilders are planning for a slower and pricier year ahead. 

• Fannie May recently updated its 2025 economic and housing outlook to reflect fewer transactions and higher prices than initially forecasted. 

• Despite scary housing headlines dominating the news, we're seeing a monthly uptick in selling activity at BlueBid. 

Have a great week.

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Disclaimer: Views expressed here are my own and not the views of my coworkers or anyone else. I am not a financial advisor, investment advisor, or housing expert. I’m just a guy who cares deeply about saving the American Dream of homeownership.