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Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. National active housing inventory for sale at the end of March 2025 was up 28.5% compared to March 2024. That’s just 20% below pre-pandemic levels back in March 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 markets remain far tighter than the national average. Pulling from ResiClub’s monthly inventory tracker, we identified the tightest major housing markets heading into spring 2025 where active inventory is still the furthest below pre-pandemi…
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For three weeks now, OK Go has been on set in Budapest’s largest train station. The temperature in this wing is somewhere around 45 degrees, and much of the Hungarian filming crew has long ago gone numb. Against Keleti station’s baroque backdrop of frescos and pink marble pillars, the band has been working with roboticists and production designers to build one of its most complex music videos ever for a new song called “Love”. The video’s 140-foot-long contraption is built from 29 robots holding 60 mirrors that, in one long tracking shot, will crescendo into a brain-bending photonic spectacle of car-size kaleidoscopes and glimpses into the infinite. It’s almost lu…
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All sense of survivors’ guilt was fleeting for those residents whose homes remained standing after wildfires ripped through the Los Angeles area three months ago. Many worried that smoke from the Eaton wildfire that destroyed more than 9,000 structures and killed 18 people may have carried toxins, including lead, asbestos and heavy metals, into their homes. But they struggled to convince their insurers to test their properties to ensure it was safe to return. Nicole Maccalla, a data scientist, said embers burned more than half of her roof, several windows and eaves were damaged, and her house in Altadena was left filled with ash, debris, soot and damaged appliances. She…
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Many people have been waking up over the last 24 hours to find that they have received a payment of around $40 from Facebook. The first question people have is whether the payment is legitimate. And the good news is: yes, it is. Here’s what you need to know about the Facebook payment you may have received since yesterday. Why did I get a payment from Facebook? Starting yesterday, people began posting on social media that they had received a payment of around $40 from Facebook. That payment is actually part of a class action lawsuit settlement Facebook agreed to back in 2022. At the center of the class action suit was the allegation that between April 22, 2010, …
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If you recently bought celery sticks from Walmart, you’ll want to check to make sure they are not of a certain variety. That’s because a select celery stick product is being recalled due to fears that it may be contaminated with Listeria, a potentially deadly bacterium. Here’s what you need to know. What is the reason for the recall? On April 10, Duda Farm Fresh Foods, Inc. of Oxnard, California, issued a voluntary recall for one of its products: a bag of celery sticks sold under the “Marketside” brand, according to a recall notice posted on the U.S. Food and Drug Administration (FDA) website. The company issued the recall because the celery sticks have the possibi…
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Earlier this week, Time published an explosive story about an American company that reportedly revived a long-extinct species, the dire wolf. To some, it’s a scientific miracle: Some 10,000 years after the species went extinct, the planet is once again home to three living dire wolf pups, brought about by the ingenuity of scientists at Colossal Biosciences. But let’s not mistake spectacle for substance. Yes, it’s cool that biotechnology can now create animals that resemble extinct species. Colossal is already eyeing its next acts—the woolly mammoth and the dodo. But beyond the buzz and the billion-dollar ambition, this project doesn’t offer real solutions to our plane…
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The humanoid robotics revolution is just around the corner. Test models are already working in factories alongside human beings across the world, while AI companies develop new foundation models designed to help robots navigate their environments as easily as humans do. But computer “brains” are useless without the skeletons that give humanoid robots their form—and the many components that make up those skeletons need to come from somewhere. Alongside bearings, which reduce friction, motors, and gears, the average humanoid robot relies on dozens of screws—key components that convert the rotational motion produced by a motor into linear motion. Traditionally, ball …
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When an AI-assisted résumé lands on a hiring manager’s desk, most people have the knee-jerk reaction to chuck it straight onto the reject pile. While more and more companies are using AI in their day-to-day operations, when it comes to résumés and cover letters, the use of artificial intelligence remains taboo. The importance of AI-savvy talent This instinctive aversion to AI is costing firms invaluable AI-savvy talent. And with the demand and competition for AI skills so fierce, many employers are letting prospective talent slip through their fingers, straight into the laps of their competitors. It’s time to overhaul recruitment processes out of the dark ages…
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Last month I posted a job description on our blog for a chief of staff role at my venture capital firm, Graham & Walker. Turns out, that job description really hit a nerve. Within an hour, more than a hundred candidates had put their hat in the ring and filled out the long Google form that served as our only form of application. Quickly overwhelmed by the interest, I asked everyone I knew for tips on how to review all those applications most efficiently. They recommended several tools, from LLMs to custom built. I was deep in research when something happened that made me change my mind. Our Google form included an optional field for “anything else you’d like t…
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For years, baby boomers have been “aging in place” and keeping home turnover low. And now, not only are boomers holding onto their homes, they’re also the generation buying the most property—boxing out millennial homebuyers for only the second year since 2013. Millennials, who range from 26 to 44 years old, have largely dominated the housing market for the past decade. The only exceptions to this rule have occurred in 2023 and 2024, according to data from the National Association of Realtors (NAR). Between July 2023 and July 2024, the share of millennial homebuyers dropped to 29%, down from 38% a year ago. Meanwhile, boomers (ages 60 to 78) accounted for 42% of home …
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Where legislatures have refused to boost pay and benefits for workers, advocates have often taken the fight straight to voters. In recent years, voters in Michigan, Missouri, and Nebraska overwhelmingly backed higher state minimum wages and guaranteed paid sick leave at the polls. But despite that strong showing of support, lawmakers on both sides of the aisle are now trying to water down or even roll back the measures their constituents approved. In November, 58% of Missouri voters approved Proposition A, which raises the state minimum wage to $15 by 2026 and requires employers to provide paid sick leave. That level of support, said Missouri Jobs with Justice Polic…
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AI is an extraordinary tool that amplifies our cognitive capacity. It can analyze, summarize, and generate content faster than any human. However, AI is only ever as good as the questions we ask it. It will never replace our capacity for thinking, and can, in fact, reinforce bias because it is learning what we teach it. For this reason, the top skills of the future include thinking skills. According to the World Economic Forum’s Future of Jobs report, employers anticipate that beyond technical literacy, the most in-demand capabilities will be creative thinking, critical thinking, resilience, and the capacity for learning. Thinking is a premium, and yet it is al…
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With their drab gray suits and their Buddy Holly glasses, the so-called traitorous eight don’t look like revolutionaries. Given no context, you can imagine them occupying some kind of middle-management role at a small regional bank. And yet these are the people you can thank for the digital world. The eight—which included Intel cofounder Gordon Moore—had departed Shockley Semiconductor Laboratory to found Fairchild Semiconductor, which soon became the world’s biggest producer of electrical components for computers. Many of its founders would, in turn, leave again to launch their own ventures. Many of these companies coalesced in the same area—the place we now call…
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Today’s B2B CEOs are tasked with a delicate balancing act: driving growth, improving efficiency, and creating seamless customer experiences, all while navigating unprecedented market complexity. Meanwhile, the revenue professionals responsible for executing these goals face their own challenges. Buying journeys have become increasingly labyrinthine, with big buying teams and long sales cycles. Seventy-seven percent of B2B buyers say their last purchasing decision was very complex or difficult, with more than 800 interactions on average with potential vendors. Misalignment across revenue teams compounds the issue, making it nearly impossible to deliver efficient, r…
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