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The Fox News Rundown

Business Rundown: Will Spring Thaw The Frozen Housing Market?

The Fox News Rundown

FOX News Radio

Politics, Daily News, News

3.41.5K Ratings

🗓️ 26 May 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

Zillow came out bearish on its projection for their 12-month forecast of U.S. home prices, projecting they will fall by nearly 1 percent this year. This Memorial Day, FOX Business correspondent Gerri Willis is speaking with housing expert and managing partner at Romer Debbas real estate law firm, Pierre Debbas. Debbas shares his perspective on that Zillow projection, what he'd like to see the Trump administration do for the housing industry, and he speaks on the persistent issue of affordability for home buyers. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:02.0

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0:30.6

I'm Jerry Willis, and this is the Fox Business Rundown.

0:42.3

Monday, May 26, 2025. Zillow is projecting that U.S. home prices will fall nearly 1% between April 2025 and April

0:48.3

2026.

0:49.3

As existing home sales continue to fall, will buyers have the upper hand this year? It's not just

0:55.4

sellers willing to put the properties on the market. You know, life events force people to sell,

1:00.2

and it has been such a stagnant market for three years that eventually there are factors that

1:05.8

require people to sell whether they want to or not. Zillow came out bearish on its projection for

1:10.6

their 12-month

1:11.2

forecast of U.S. home prices, projecting they will fall by 9 tenths of a percent this year.

1:16.8

While not every market is softening major real estate regions like the Sunbelt have proven

1:21.3

to have a weaker housing market in recent months. The National Association of Realtors recorded

1:26.4

that existing home sales slid half a percentage

1:29.3

point in April, which the NAR highlight is actually the slowest April pace since 2009. But for new

1:36.4

home sales on Friday, we got the data that they soared to their highest level since February

...

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