The Buzz: June 4

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 June 4, 2025:

• Home sellers now outnumber buyers by the largest margin in 12 years, according to a recent report from Redfin.

• Still, CNBC writes demand from buyers is growing - despite mortgage rates at the highest level since January.

• Reuters says US construction spending fell in April on weakness in single-family housing projects.

• President Trump appears to be pushing forward with a plan to list Fannie Mae and Freddie Mac on a major stock exchange, and Realtor.com reports the mortgage giants would retain their government guarantees.

• A recent analysis from Redfin shows a total of $698 billion worth of active listings in the United States, up 20.3% annually to the highest dollar amount in history.

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.