Real Estate News 05/02/2025

Today’s News Synopsis:

In The News:

AOL.com – “5 million student loan borrowers face mandatory collections starting May 5” (05-01-25)

“Some 5 million Americans with defaulted student loan payments will have their loans sent for collections on May 5, the Department of Education announced on Monday.“

ETF Trends – “How AI and Robotics Are Transforming Real Estate“ (05-01-2025)

“Artificial intelligence and robotics are fundamentally reshaping the real estate industry value chain, from design and construction to operations and usage patterns. This transformation represents an opportunity for investors seeking exposure to the convergence of technology and physical assets.”

Yahoo Finance –  “April jobs report shows US labor market remained resilient in wake of ‘Liberation Day’ tariff announcement“ (05-02-25)

“The April jobs report showed the US labor market remained resilient in the weeks after President Trump’s “Liberation Day” reciprocal tariff announcements shook markets.”

CNN – “Housing advocates ‘very worried’ veterans could face foreclosure as VA mortgage rescue program phases out” (04-30-25)

“Affordable housing advocates and congressional Democrats are warning that more foreclosures may occur as the Department of Veterans Affairs phases out a mortgage rescue program for financially strapped veterans this week.”

Redfin –  “The Typical Home Seller Wants $39,000 More Than the Typical Buyer Is Willing to Pay“ (04-29-25)

“The typical home for sale is listed for 9% more (or $38,672) than the typical home is selling for—the biggest gap since May 2020.”