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Realtor.com (NASDAQ:NWSA) has announced the next phase of its successful Nearly Home™ campaign featuring Reba McEntire, expanding its creative push with new sitcom-style episodes highlighting the platform's home search tools. The campaign showcases features like RealView® Maps and RealCommute® through relatable scenarios focused on pet-friendly properties and commute considerations.

The company reports that Nearly Home™, which debuted in May 2025, has generated the strongest response to any campaign in its history. The platform demonstrated significant reach with 237 million visits in May according to Comscore. The campaign targets the 75% of Americans who view homeownership as a key part of the American dream, with research showing that 50% of buyers consider pet-friendliness a "must-have" feature.

To support the launch, Realtor.com® is offering a limited-time giveaway featuring a custom-built luxury dog house from Taylor Morrison. The campaign is being distributed across TV, digital, and social platforms, including sponsorship of the 60th Academy of Country Music Awards.

Realtor.com (NASDAQ:NWSA) has received significant support for its Let America Build campaign from the U.S. Conference of Mayors, who passed a bipartisan best practice policy statement endorsing the initiative. The campaign, launched at SXSW in Austin, Texas, aims to address America's critical housing supply shortage and affordability crisis.

According to Realtor.com's 2025 analysis, the U.S. faces a shortage of nearly 4 million homes. The campaign advocates for removing regulatory barriers, eliminating restrictive zoning, and modernizing outdated regulations that impede new home construction. The initiative has gained support from key industry leaders including the National Association of REALTORS® and the National Association of Home Builders (NAHB).

The policy statement, introduced by Austin Mayor Kirk Watson and approved during the organization's annual meeting in Tampa, Florida, recognizes nationwide housing affordability challenges and calls for modernizing housing policies and reducing barriers to construction.

News Corp (NASDAQ: NWS) has appointed Julian Delany as Executive Vice President and Chief Technology Officer, effective June 30, 2025. Delany, who succeeds David Kline, joins from News Corp Australia where he served as CTO and Executive Team member since 2020.

During his tenure at News Corp Australia since 2012, Delany has held various leadership positions, including General Manager of news.com.au and Managing Director of digital news, food and lifestyle network. His track record includes pioneering digital-first newsroom operations and implementing data-led insights for product and commercial strategy.

Delany brings extensive experience in technical process alignment, digital operations, and broadcast operations from his previous roles at News Corp Australia and Foxtel. He will relocate to New York City with his family.

Realtor.com (NASDAQ:NWSA) released a comprehensive housing affordability report revealing that the typical U.S. household needs to spend 44.6% of their income to afford a median-priced home as of May 2025, significantly exceeding the recommended 30% threshold.

Only three major metros - Pittsburgh (27.4%), Detroit (29.8%), and St. Louis (30.0%) - remain affordable for median-income earners using a 20% down payment and May's average mortgage rate of 6.82%. In contrast, Los Angeles leads unaffordability, requiring 104.5% of median income for housing costs, followed by San Diego (77.1%) and San Jose (72.4%).

The report suggests that increasing affordable housing supply is crucial for improving affordability, as mortgage rates are expected to remain elevated and income growth alone may not solve the issue.

News Corp has extended CEO Robert Thomson's contract through June 2030, building on his successful 12-year tenure since 2013. Under Thomson's leadership, News Corp achieved significant transformation and its four most profitable years from 2021-2024. Key achievements include increasing digital revenues to 50% of total revenue (up from 20% in 2014), doubling Dow Jones' profitability after its 2020 re-segmentation, selling Foxtel to DAZN, securing intellectual property agreements with tech platforms including OpenAI, achieving Investment Grade Credit rating, acquiring OPIS and Base Chemicals to strengthen Dow Jones' B2B offering, and driving growth in Book Publishing through partnerships like Spotify for audiobooks.

According to Realtor.com's May Rent Report, U.S. rental market shows signs of cooling with median asking rents at $1,705, marking a significant slowdown that could help ease inflation pressures. While rents remain 19.6% higher than 2019 levels, this increase falls below the overall inflation rate of 25.6%. Only nine major metros, including Pittsburgh (43.2%), Tampa (41.6%), and Miami (36.2%), saw rent growth outpacing inflation since 2019. San Francisco experienced the most significant decline (-3.2%) followed by Minneapolis (3.9%). Federal policy changes, including student visa restrictions and employment shifts, are creating divergent rental trends across metros. The market has seen 22 consecutive months of year-over-year declines, with current rents $54 below the August 2022 peak.

Realtor.com's 2025 analysis reveals significant correlations between home architectural styles, pricing, and regional preferences. Colonial/American Traditional homes lead the market with 49.8% of listings, concentrated in Houston, Atlanta, and Dallas. Mediterranean homes command the highest median price at $725,000, while Ranch-style homes offer affordability at $369,000. Colonial homes showed the strongest annual price growth at +5.6%, while Mediterranean homes saw no growth. Craftsman, Ranch, and Modern styles demonstrated impressive 6-year appreciation of over 43%. The analysis also shows clear regional patterns: Colonial homes dominate the South and Northeast, Modern and Mediterranean styles prevail in the West and Southwest, and Craftsman homes are common in the Pacific Northwest and Midwest. English-inspired homes, though representing only 1.5% of listings, are the largest at 2,700 sq. ft. and typically the oldest, with a median build year of 1927.

Realtor.com reports that investor selling reached a record high in 2024, with 10.8% of sellers being investors, up from 10.1% in 2023. While investor buying slightly increased to 13.0% of purchases, it remained below the 2022 peak of 13.3%. Small investors (those purchasing fewer than 10 homes) dominated the market, representing 59.2% of investor purchases, while large investor activity fell to 21.7%. All-cash purchases by investors dropped to their lowest level since 2008. Regionally, Missouri (21.2%), Oklahoma (18.7%), and Kansas (18.4%) had the highest investor buyer shares. The market saw significant variations, with Hawaii, Montana, and Washington D.C. experiencing the largest net-negative impact from investors, while California, Minnesota, and Oregon saw the largest net-positive impact.

The U.S. housing market reached a significant milestone in May 2025 as active listings surpassed 1 million homes for the first time since Winter 2019, marking a 31.5% year-over-year increase. However, the recovery shows a stark regional divide, with only Southern and Western metros returning to pre-pandemic inventory levels. Markets like Denver (+100%), Austin (+69%), and Seattle (+60.9%) lead the inventory recovery due to aggressive post-2020 construction, while Northeast and Midwest metros like Hartford (-77.7%) and Chicago (-59.3%) continue to struggle. The national median listing price remained relatively flat at $440,000 (+0.1% YoY), while homes spent a median of 51 days on market, 6 days longer than last year. Price reductions reached 19.1% of listings, the highest May level since 2016, with Western and Southern markets showing the most significant price cuts.