AppraiseAI Weekly Newsletter - 05/28

Homebuyers May Have Upper Hand in 2025 Housing Market

Homebuyers now outnumber sellers by the largest margin in over a decade. Redfin reports a 34% seller surplus nationwide, signaling buyer leverage. Mortgage rates remain high, causing slower buyer activity despite more listings. Home prices have started stabilizing in some markets.

More homes are sitting unsold, leading to price drops and longer market times.
Los Angeles has a 45% surplus of sellers over buyers, intensifying the trend locally.

While affordability challenges persist, rising inventory gives buyers more negotiation power than in recent years

Palisades Village Targeting 2026 Reopening

The renowned Palisades Village closed in early 2025 after wildfire-related damage. Owned by Caruso, the retail center is undergoing extensive repairs.The new reopening target is sometime in 2026, but it has been heavily impacted by the tariffs. Tenants were affected by the closure, with uncertainty about returns.

The center is a key part of the Pacific Palisades community’s commercial life.
Its restoration is tied to broader community rebuilding efforts.

Palisades Village’s reopening in 2026 marks a significant recovery milestone following disaster-related disruptions.

JPMorgan Chase’s New Banking Model for Affluent Clients

JPMorgan Chase is rolling out financial centers tailored to high-net-worth clients. These centers offer personalized banking, investment, and planning services. Clients must have at least $750,000 in deposits or investments. 14 new centers will open in major U.S. cities, with more by 2026.

The move targets customers seeking full-service, in-person wealth management.
JPMorgan aims to enhance loyalty among affluent clients via deeper relationships.

This strategic shift focuses on providing bespoke services to wealthy individuals, competing more directly with private banking and investment firms.

Want to learn more about AI and Real Estate?

Appraise AI is the hottest real estate company in the game right now! Our research team has developed a new, state of of the art feature that makes the apprasial process just that much easier. Our marketing team is also focused on growing our sphere of influence through connections with famous appraisers and notable firms. With our new name comes a new us, and I hope you can join us on our journey through the real estate world. To learn more, head to https://www.appraisecorp.com/ to learn more about AppraiseAI Beta, the artificial intelligence software transforming the real estate industry!

Make sure to follow us on social media!

Weekly Newsletter - 6/4