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Want more housing market stories from Lance Lamberts ResiClub in your inbox? Subscribe to the ResiClub newsletter. National active housing inventory for sale at the end of February 2025 was up 27.6% compared to February 2024. That’s just 23.1% below pre-pandemic levels in February 2019. However, while the national housing market has softened and inventory has surpassed 2019 pre-pandemic levels in some pockets of the Sun Belt, many housing markets remain far tighter than the national average. Pulling from ResiClub’s inventory tracker, we identified the tightest major housing markets heading into the spring 2025 season, where active inventory is still the furthest below pre-pandemic 2019 levels. These markets are where home sellers have maintained more power compared to most sellers nationwide. Among the nation’s 200 largest metro area housing markets, 50 markets (see table below) at the end of February 2025 still had at least 46% less active inventory than in February 2019. Many of those tight markets are in the Northeast, in particular, in states like New Jersey and Connecticut. Unlike the Sun Belt, many markets in the Northeast and Midwest were less reliant on pandemic-era migration and have fewer new home construction projects in progress. With lower exposure to the negative demand shock caused by the slowdown in pandemic-era migrationand fewer homebuilders in these regions offering affordability adjustments once rates spikedactive inventory in many Northeast and Midwest housing markets has remained relatively tight, maintaining a seller’s advantage heading into spring 2025. !function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r=0;r
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E-Commerce
The world is in chaos, and many of us wish this wasn’t reality but a video game. Coperni, the French fashion label, captured this sentiment in its recent Paris Fashion Week show. The brand’s designersSébastien Meyer and Arnaud Vaillantwanted to re-create old-school gamer culture, with the theme of LAN Party, which was an event in the ’90s where people would gather together to compete in video games. Coperni brought together 200 people to play games like Fortnite and Rocket League for 24 hours. The show captured the aesthetic of the ’90s, along with that era’s fascination with futuristic digital realities, like those depicted in films like Hackers and The Matrix. Well, the future is here. At Paris Fashion Week, Coperni showed off a new collab with Meta and Ray-Ban in the form of translucent black wayfarer sunglasses that can double as a computer. The $549 sunglasses have a built-in camera and open-ear audio, so they can see and hear everything you do. As you use your voice to interact with the AI, it will provide customized insights and recommendations. You can also use the glasses to do things like live translation and play content on Spotify. [Image: Coperni] Meta launched its very first fashion collaboration by bringing Coperni and Ray-Ban branded glasses to the Coperni show. Some models wore the frames and recorded the entire show from their perspective, demonstrating their hands-free recording capabilities. They fit seamlessly into the Y2K looks, featuring lots of sleek black outfits and denim matched with grungy plaid. [Photo: Luca Tombolini/courtesy Coperni] Coperni is known for its exploration of technology. One of its most talked-about moments came in 2022, when Bella Hadid stood on the runway in her underwear before three people came out to spray-paint her outfit on in front of the audience. Its best known accessory is the swipe bag, which has a distinct oval shape. It recently released a version of the bag that featured NASA’s nano-material called Aerogel which is made of 99% air and 1% glass, making it the lightest bag ever made. Coperni created 3,600 pairs of these Ray-Ban Meta x Coperni glasses, which launched at 4 a.m. ESTbut they’re already selling fast on the Coperni, Meta, and Ray-Ban websites.
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E-Commerce
American seniors who have received Social Security overpayments may be in for a nasty surprise after the Trump administration announced the reversal of a Biden-era policy. Specifically, the Social Security Administration (SSA) will revert back to withholding up to 100% of an individuals benefit check in an attempt to claw back overpayments. The changes under Biden had capped that withholding at 10%, so for seniors who may have received overpayments and grown accustomed to only having their monthly benefits reduced by a relatively slight amount, the adjustment could blow a hole in their monthly budgets. Announcing the reverted policy on Friday, the SSA said it will achieve $7 billion in savings over the next 10 years. The change affects overpayments made from March 27 onward, meaning overpayments made before that won’t be impacted. We have the significant responsibility to be good stewards of the trust funds for the American people, said Lee Dudek, SSA’s acting commissioner, in a statement. It is our duty to revise the overpayment repayment policy back to full withholding, as it was during the Obama administration and first Trump administration, to properly safeguard taxpayer funds. Why do SS overpayments happen? Social Security overpayments happen for a number of reasons, including beneficiaries misreporting their income or forgetting to update a change in their living situation or marital status. However, the SSA sometimes simply makes mistakes, as CBS reported last year, meaning an overpayment may be through no fault of the person receiving the benefits. With the Social Security Administration reverting to the original overpayment policy, its possible that some Social Security recipients could see their benefits reduced to nothingthat is, until theyve effectively paid back any overpayments theyd received in full. That could put many seniors in a challenging position in the months ahead. The SSA says it will notify people later this month about the new withholding rate. The withholding rate change applies to new overpayments related to Social Security benefits,” reads the statement from the SSA. “The withholding rate for current beneficiaries with an overpayment before March 27 will not change and no action is required. The withholding rate for Supplemental Security Income [SSI] overpayments remains 10 percent.” Further, it warns that any overpayments made after March 27 will be put into the full recovery rate immediately. As for those who cant afford to see their entire benefit zapped due to an overpayment by the SSA, the agency says to contact the SSA to see what can be done.
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E-Commerce
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