Real Estate Roundup: June 30, 2025
Leonard Steinberg, Compass Agent
As we wrap up a month full of movement—economic, environmental, and emotional—here’s your curated roundup of the insights, trends, and reflections shaping real estate and the world around it.
The Real Cost of Comfortable Living
Did you know that while the U.S. median household income now hovers around $80,000, a family of four needs over $186,000 to live comfortably in Mississippi, the nation’s most affordable state? According to the 50/30/20 budgeting rule, many families across the country are far from reaching that threshold. As cost of living spikes—especially in states like New Jersey, Maryland, and Washington—it’s not just affordability that's shifting, but expectations.
Café Culture and the New Neighborhood Standard
Beyond price tags and square footage, what makes a neighborhood truly livable? Increasingly, it’s the presence of cafes and gathering spaces. In Europe, cafés aren’t just about coffee—they’re vital social infrastructure. In the U.S., smaller, community-focused cafés are bringing a similar vibe. When evaluating homes for buyers, consider this underrated lifestyle perk: walkable, welcoming café culture.
Floods, Foundations & Home Safety
This month’s deadly flash floods in Texas serve as a powerful reminder: real estate isn’t immune to nature. Flooding can do more than surface damage—it can weaken foundations, create hidden mold issues, and shift soil. As agents and advisors, it’s our responsibility to help clients understand what insurance actually covers—and what it doesn’t.
Why Some Buyers Are Pressing Pause
You might be wondering: why the recent hesitation in the market? Several factors are converging:
Geopolitical instability and ongoing wars
Job uncertainty due to A.I. disruption
Tax policy changes in limbo
High interest rates (with possible cuts on the horizon)
For some, this pause creates opportunity: more inventory, realistic pricing, and negotiable financing. As the market recalibrates, savvy buyers are positioning for the long game.
The Power of a Welcome
It’s easy to forget how intimidating a home showing can feel for buyers. Agents: every smile, every word, every gesture counts. Hospitality—especially the “unreasonable” kind—can be the secret to creating unforgettable client experiences.
Exterior Design: The First Sentence of a Story
Architect Alexis Dornier likens a building’s facade to the first sentence of a novel—it sets the tone. From local materials to modern refreshes, don’t underestimate the value of curb appeal. A strong exterior narrative invites a deeper connection and can turn a listing into a legacy.
The Inventory Equation
Inventory remains the cornerstone of real estate dynamics. As seen in Austin, when supply catches up (or overtakes) demand, prices adjust accordingly. And while rent control policies may seem appealing, history has shown they rarely deliver widespread affordability. Instead, increasing supply and rethinking zoning policies offer a more lasting solution.
Embracing H.A.P.P.Y. Development
What’s driving future real estate opportunity? Look to the industries of Health, A.I., and Power. Communities with strong infrastructure, quality education, and attractive living environments are set to thrive as these sectors expand. When scouting investment potential, follow the talent pipelines and innovation hubs.
Final Thoughts
From scorching heatwaves to rising rents, shifting policies to softer retail sales—June offered a front-row seat to change. But with change comes opportunity. The most successful professionals won’t just navigate the turbulence—they’ll lead others through it.
So as we head into July, let’s remain thoughtful, informed, and always ready to adapt. Here's to listening more, welcoming warmly, and staying curious.
Have questions about the market? Let's connect and explore the best strategies for your real estate goals.
Compass does not recommend one particular strategy or guarantee of results.*
Featuring
Leonard Steinberg
Compass Agent