Housing Market

Published by REALTOR Magazine | June 8, 2023 Today’s homebuyers are learning that finding a move-in ready home in a good location that they can comfortably afford is about as rare as a winning Powerball ticket. A dire housing shortage has kept prices strong and competition fierce among buyers despite high mortgage interest rates. That’s left less than …

Affordability Crunch: Where Middle-Class Buyers Can Afford Homes the Most—and the Least Read More »

Published by REALTOR.com | May 24, 2023 Whoever wins the 46th presidency—from either side of the aisle—will have a major challenge in tackling the housing crisis. After months of fueling rumors, DeSantis formally announced his bid for the U.S. presidency on Wednesday. What would that mean for the housing market if he wrests the Republican …

How a Ron DeSantis Presidency Would Affect the Nation’s Housing Market Read More »

Published by REALTOR.com | April 25, 2023 The question on the minds of homebuyers, sellers, and homeowners is what is going to happen with home prices. Does this sound disturbingly familiar? Skyrocketing home prices have very suddenly leveled off. Recession fears are swirling. The number of home sales has dropped. Is it 2006—the year that saw the …

It’s Deja Vu in the Housing Market—Is It 2006 All Over Again? Read More »

Published by FOX Business | April 17, 2023 Confidence among U.S. homebuilders jumps as mortgage rates fall Confidence among builders in the U.S. housing market increased more than expected in April as declining mortgage rates and low inventory helped drive demand higher for new homes. The National Association of Home Builders/Wells Fargo Housing Market Index, which measures …

Homebuilder Sentiment Jumps to Highest Level Since September Read More »

Published by Forbes.com | April 4, 2023 Pent-up home buyer demand is responding favorably to lower rates in many markets. A new report by data analytics provider CoreLogic reveals in many ways a tale of two very different housing markets. At one extreme, the West is slowing, and at the other extreme, the East is rising. Even …

A Tale Of Two Housing Markets In The Slowing West And Rising East Read More »

Published by REALTOR.com | March 30, 2023 In March, real estate listing prices came in nationwide at a median of $424,000, down from June’s all-time record high of $449,000. After a few years of flying high, home prices are finally coming back down to earth with a thud. In fact, the prospect of an outright price …

A Surprising Sign That Home Prices May Finally Take a Plunge This Summer Read More »

Published by FOX Business | March 27, 2023 Austin, Texas, was the fastest-cooling market over the past year. Tech hubs are becoming some of the fastest-cooling housing markets in the U.S. These hubs and pandemic hot spots have been hit hard as turmoil persists in the sector and housing costs remain elevated, according to a new …

Housing Markets in Tech Hubs are Cooling Fast Read More »