Author: Rent Magazine Team
As of June 2025, the U.S. residential real estate market is experiencing modest growth, characterized by stabilizing mortgage rates, increased housing inventory, and a slight uptick in home sales. While national trends indicate a gradual recovery, regional disparities continue to influence market dynamics. Stabilizing Mortgage Rates Provide Some Relief Mortgage rates have shown signs of stabilization, offering a measure of relief to prospective homebuyers. The average 30-year fixed mortgage rate has recently dipped to 6.84%, marking a slight decrease from the previous week. Although rates remain elevated compared to the historically low levels seen during the pandemic, this stabilization is…
On June 14, 2025, as President Donald Trump celebrated his 79th birthday with a grand military parade in Washington, D.C., millions of Americans across all 50 states participated in the “No Kings” protests. Organized by the grassroots 50501 Movement, these demonstrations aimed to oppose what participants perceive as the president’s authoritarian tendencies and the militarization of American politics. The “No Kings” protests were strategically scheduled to coincide with the U.S. Army’s 250th anniversary parade, an event that featured over 6,600 troops, more than 150 military vehicles, and 50 aircraft. Critics argued that the timing of the parade, aligning with the…
On June 13, 2025, U.S. financial markets experienced a sharp downturn as escalating hostilities between Israel and Iran rattled investor confidence worldwide. The Dow Jones Industrial Average tumbled 770 points, or 1.8%, closing at 42,197.79. The S&P 500 and Nasdaq Composite also suffered significant losses, dropping 1.1% and 1.3%, respectively, marking their steepest declines in weeks. The market turbulence was triggered by Israel’s extensive airstrikes on Iranian military and nuclear facilities, including the Natanz uranium enrichment site. In retaliation, Iran launched over 100 missiles and drones targeting Israeli cities, intensifying fears of a broader regional conflict. These developments sent oil…
True North Commercial Real Estate Investment Trust (TSX: TNT.UN) announced on June 13, 2025, its monthly cash distribution for June 2025. Unitholders of record as of June 30, 2025, will receive a distribution of $0.0575 per trust unit, payable on July 15, 2025. This marks the third consecutive monthly payout since the REIT reinstated its distributions in March 2025 at the same rate. The reinstatement of distributions earlier this year followed a strategic pause during 2024, during which the REIT focused on strengthening its financial position. In the first quarter of 2025, True North reported a core portfolio occupancy rate…
In 2025, the real estate sector is undergoing a significant transformation driven by the integration of Artificial Intelligence (AI) and Property Technology (PropTech). These advancements are enhancing operational efficiency, improving customer experiences, and reshaping both residential and commercial real estate landscapes. AI Enhances Property Management AI technologies are revolutionizing property management by automating routine tasks and providing data-driven insights. For instance, AI-powered tenant screening tools analyze various data points, including credit scores, income verification, and rental history, to predict tenant behavior and reduce vacancy rates. Predictive maintenance systems utilize IoT sensors and machine learning algorithms to monitor building systems in…
The Shawn Lepp Group, operating under Keller Williams Energy, has been awarded the 2025 Consumer Choice Award in the Residential Real Estate category for the Durham Region. This prestigious recognition underscores the team’s unwavering commitment to client satisfaction, innovative marketing strategies, and consistent delivery of exceptional results in a competitive market. The Consumer Choice Award (CCA) is a distinguished accolade that identifies and promotes business excellence in North America. Established in 1987, the CCA employs a rigorous selection process based on independent market research and consumer feedback to recognize outstanding service providers in various sectors. The Shawn Lepp Group’s receipt…
The 2025 U.S. Open, the 125th edition of this prestigious golf tournament, has officially begun at Oakmont Country Club in Oakmont, Pennsylvania, with J.J. Spaun leading the field after an impressive first round. Spaun, who is looking for his breakthrough major win, shot a round of 66, one stroke ahead of South Africa’s Thriston Lawrence. This marks an exciting start to a tournament held at one of the most demanding golf courses in the world. Oakmont, known for its punishing layout and challenging conditions, has long been a staple of major championship golf. The course is famous for its sharply…
Television chef and media personality Rachael Ray made a rare public appearance on June 12, 2025, at the North Shore Animal League America’s Celebration of Rescue event in New York City. The annual gala, which raises funds and awareness for animal rescue efforts, marked a significant moment for Ray, who attended alongside her husband, John M. Cusimano. This rare red carpet outing comes amidst ongoing concerns about her health, following a widely publicized incident in 2024 that left fans worried. Ray, known for her vibrant personality and popular daytime cooking show, Rachael Ray, had largely stayed out of the public…
Lake County, Michigan, is gearing up for a vibrant summer with a series of community events set for June 12, 2025. From family-friendly movie nights to bustling farmers markets, the region is brimming with opportunities for residents and visitors to engage with local culture, support small businesses, and enjoy the beautiful Michigan outdoors. One of the main attractions on June 12 is the Pure Markette Farmers and Makers Market in Baldwin, which takes place every Wednesday. Known for its lively atmosphere, the market brings together local vendors offering everything from fresh produce to handmade crafts. Visitors can enjoy live music…
As summer unfolds, Midland, Michigan is alive with an exciting array of community events, offering both music lovers and nature enthusiasts plenty of opportunities to enjoy the warm weather. The city’s dynamic event calendar features free concerts, live performances, and nature programs that cater to all ages and interests, making it the perfect destination for those seeking fun and relaxation this season. One of the highlights of the summer concert scene is the Commons Live Music Series, which brings free entertainment to downtown Midland every Friday and Saturday night. These concerts feature a variety of tribute bands and local artists,…