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Home sales grow less competitive

Jun 19, 2025
Home sales are getting less competitive, with only 28% selling above asking price, offering relief to buyers. Educational initiatives in Oklahoma teach students about the local gambling economy, promoting responsible practices. Meanwhile, federal cuts are impacting childcare access for government workers. There's a notable decline in jobless claims and shifts in buyer preferences, particularly in Miami. Plus, the challenges facing a small ballet shoe company highlight the struggles of small businesses in today's economy.
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ANECDOTE

Daycare Struggles from Federal Cuts

  • Taylor, a federal worker, volunteers at daycare on federal property but fears federal cuts may threaten enrollment and staff sustainability.
  • Some workers lose daycare access immediately if they're laid off, due to federal property rules.
INSIGHT

Teaching Gambling Risks in Schools

  • Oklahoma includes gambling risks as part of personal finance education due to casinos' economic role in the state.
  • Teachers emphasize odds understanding and addiction awareness, hoping to foster responsible gambling.
INSIGHT

Housing Market Cools for Buyers

  • Only 28% of U.S. homes sold above asking price this spring, a low since 2020.
  • This signals reduced buyer competition and more options for buyers in many markets like Miami.
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