Housing Wire

DECEMBER 23, 2022

This article is part of our 2022-23 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. The red-hot housing market of the past 2 ½ years was characterized by sub-three percent mortgage rates, fast-paced bidding wars and record-low inventory.

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Housing Wire

DECEMBER 8, 2021

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. million new and existing home sales combined.

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Housing Wire

MARCH 26, 2023

These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. In a regular market, they would be closer to 5.25%.

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Housing Wire

JANUARY 12, 2022

Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory. Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020.

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Housing Wire

MAY 2, 2022

This article is part of our housing market update series. While housing market trends in the first quarter of 2022 resembled the previous year’s trend — buyer frenzy, homes selling over the asking price and continued home price appreciation — much has changed in the spring, which will impact some of the previously forecasted scenarios.

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Housing Wire

DECEMBER 20, 2021

With those two factors still very much in play, here is my 2022 forecast. The forecast. For this scenario, Japan and Germany yields need to rise, which would push our 10-year yield toward 2.42% and get mortgage rates over 4%. COVID was a veritable iceberg for our ocean liner economy, but the ship did not go down!

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Marco Santarelli

MAY 7, 2024

This article dives into the latest data from CoreLogic's Market Risk Indicator (MRI) to explore the top five U.S. This article dives into the latest data from CoreLogic's Market Risk Indicator (MRI) to explore the top five U.S. This rise in available homes could ease the intense competition that previously drove prices upwards.

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Housing Wire

MARCH 19, 2023

Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Weekly inventory increased by 1,734. New listing data collapsed, but we are putting an asterisk on that data line for this week.

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Housing Wire

DECEMBER 29, 2021

Retail sales have been off the charts, job openings are at 11 million, GDP growth picked up big time and jobless claims hit a level last seen in 1969. Retail sales have been off the charts, job openings are at 11 million, GDP growth picked up big time and jobless claims hit a level last seen in 1969. However, not only did the U.S.

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Broke Agent Media

MAY 13, 2023

The first is home price predictions from the industry’s top analysts—including a forecast by Zillow of what could happen if the U.S. Plus, the FHFA rescinds its DTI LLPA fee and a dip in spring housing inventory. What will happen to home prices if the U.S. So, what are home price predictions if it doesn’t?

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Marco Santarelli

SEPTEMBER 11, 2020

The Colorado Springs housing market continues to break all the records even when the COVID pandemic has not ended. The real estate market has reached record high prices with a lack of homes for sale. In August, home sales in El Paso county increased by 13.3% Colorado Springs contains nearly half a million people.

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Marco Santarelli

AUGUST 5, 2020

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. Given the current fundamentals, real estate sales should remain strong in most U.S. The US housing market has begun to show signs of heating up as more buyers and sellers returned to the market in July.

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Realty Biz

APRIL 4, 2021

Over the decades, they’ve experienced the Great Recession, massive student loan debt, stagnant wages, rising costs of living, and the Covid-19 pandemic. Income Versus Home Prices. According to Realtor.com, the spring inventory is about half of what it was last year at this time. The millennial story has not been good.

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Marco Santarelli

MARCH 10, 2023

Sioux Falls Housing Market for 2023: An Overview The Sioux Falls housing market has been on a roller coaster ride for the past year, with rising interest rates, limited inventory, and affordability challenges causing fluctuations in buyer and seller behavior. while pending sales increased by 15.7%. Single-family homes had 2.3

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Marco Santarelli

SEPTEMBER 22, 2020

The Chicago housing market recorded positive month-to-month and year-over-year increases in both prices and sales, reversing two months of declines in sales, a great sign that the market is bouncing back from the COVID-19 pandemic. percent from July 2019 sales. The city of Chicago saw year-over-year home sales increase 0.6

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Marco Santarelli

NOVEMBER 10, 2020

Home prices in Ada County were up again in September. The overall median sales price, including existing and new home sales, reached $409,945 last month, an increase of 17.2% The Months Supply of Inventory has dropped 0.4 Despite such a tight supply of houses, the sales are booming. A supply of 0.4

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Marco Santarelli

JUNE 12, 2021

Home is selling incredibly fast in the Tampa Bay housing market with hot homes getting multiple offers. There is less than 2-month of the available inventory in the entire Tampa St. The current months' supply of inventory is 0.7, The current months' supply of inventory is 0.7, months of inventory.

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Marco Santarelli

MARCH 15, 2021

Forecast is an estimate based on data from multiple sources. Philadelphia home prices rose by nearly 13% in 2020. Low-interest rates, tight supply, and high buyer-demand will keep the market hot and exert even more upward pull on house prices. Townhome unit sales volume (2,095) rose 22%. Housing data by Bright MLS, Inc.

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Marco Santarelli

OCTOBER 2, 2020

This article has been updated to reflect recent changes in the Atlanta real estate market due to COVID-19. The median residential sales price for all properties has increased by 11.64% to $275,000 compared to the previous year. The median list price of homes in Atlanta, GA was $350,000 on their platform, trending up 7.7%

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Marco Santarelli

DECEMBER 25, 2020

In this article, we shall discuss some of the best neighborhoods in Atlanta where you can buy investment properties. Its urban core is seeing a wave of redevelopment as people choose to pay more to be close to jobs, amenities, and public transportation. Atlanta Investment Property Forecast 2021. Markets to Watch by PWC.com.

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Marco Santarelli

AUGUST 1, 2020

Several key housing indicators showed year-over-year gains as more buyers re-entered the market in June. The factors driving prices up are an increase in demand for housing, tight inventory, and record-low mortgage rates. The home prices are rising. The home prices are rising. over the past year.

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Norada Real Estate

MAY 25, 2022

Birmingham is home to world-class medical research, a celebrated food and arts scene, and the Birmingham Civil Rights National Monument. It has been voted one of the nation’s most livable cities with a thriving community and more green space per capita than any other city in the nation. It is 330 square kilometers of land and 5.2

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Marco Santarelli

DECEMBER 24, 2021

This year, the New Jersey housing market has been characterized by bidding wars and a scarcity of inventory. All of these factors contributed to many homes in New Jersey selling for more than the asking price in 2021. While closed sales in the state have decreased slightly in recent months, overall sales are up 4.7

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Marco Santarelli

AUGUST 26, 2020

The Seattle real estate market showed a lot of resilience and is poised to recover the decline in sales, especially in the context of the slowdown experienced in April and May. Even with the market virtually shutting down, there isn't a great drop in the open house attendance or sales activity. from a year ago). from a year ago).

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Marco Santarelli

SEPTEMBER 7, 2021

If you're considering purchasing a home in Tacoma, Washington as an investment opportunity, you must read this entire article. Tacoma is home to more than 200,000 people. Additionally, it serves as the regional hub for the southern Puget Sound region, which is home to approximately a million people.

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Marco Santarelli

SEPTEMBER 17, 2020

Based on the FHFA all-transactions home price index, typical home values in the Kansas City MSA in the 2nd quarter of 2020 rose by 4.8 Based on the FHFA all-transactions home price index, typical home values in the Kansas City MSA in the 2nd quarter of 2020 rose by 4.8 percent compared to the same quarter in 2019.

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Marco Santarelli

SEPTEMBER 14, 2020

The real estate sales showed signs of recovery in July. The number of homes sold within Dallas County has shown a double-digit increase of 20.7% months supply of homes for sale in Dallas County, which is well below what’s considered to be a balanced real estate market. as compared to last year. to $282,500.

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Marco Santarelli

JULY 30, 2020

Home sales dropped over the past couple of months but prices remain high. In June, we saw a rebound in home sales. In Metro Los Angeles, home prices rose $18,000 or 11.6% In Metro Los Angeles, home prices rose $18,000 or 11.6% Jump in sales was 48%. In Los Angeles County, sales rose 40.8%

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Marco Santarelli

AUGUST 21, 2020

Out of five counties, only two of them saw a year-over-year decline in sales. Sales in Miami-Dade & Broward counties declined by 6% and 0.7% The other three counties saw a significant year-over-year increase in sales—Palm Beach (+9.35%), Martin (42.6%), and St. to $385,000 while sales dropped by -11.6%. respectively.

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Marco Santarelli

JULY 1, 2022

Charleston is home to over a hundred and thirty thousand people. The Charleston SC real estate market ranges from a somewhat dense downtown full of apartments to luxury waterfront homes and condos to affordable suburban properties. Median Home Value. Home Owners. Home Renters. Single-Family Homes.

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Marco Santarelli

AUGUST 27, 2020

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. percent rise from the previous record high in June. Closed sales increased by 34.9 The Las Vegas housing market is literally on fire amid the pandemic. It was a 1.5

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Marco Santarelli

AUGUST 18, 2020

In June, the pending sales of single-family homes jumped 43.6 percent from 1,187 homes put under agreement in May, and condo pending sales climbed and even more impressive 51.7 The Boston area does not have nearly enough homes for sale to meet the demand and that’s putting extreme upward pressure on prices.

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Marketing Purchase and sale agreement Investor Sales 124

Marco Santarelli

JULY 29, 2020

Things improved further in May when pending sales and new listings surged in the Portland housing market. The average sale price in the Portland-area dipped by a mere 0.8% The median sale price held steady from April ($424,000) to May ($425,000). month supply of homes for sale, which was steady with April 2020?

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Marco Santarelli

MAY 31, 2022

Asheville proper is home to around ninety thousand people. The larger Asheville real estate market is home to over four hundred thousand people. Asheville Real Estate Market Forecasts 2019 & 2020. The median home value in Asheville is $282,700 on Zillow. Asheville home values have gone up 3.7% by May 2020.

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Marco Santarelli

JULY 31, 2021

Tucson's real estate market made headlines a decade ago for reaching incredible highs before the average home value was cut in half. The housing inventory levels are still below historical norms. With supply and demand continuing to favor sellers prices continue to rise in the Tucson real estate market. Closed sales were up 3.5

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Point2Homes

FEBRUARY 24, 2021

Boasting different home prices and lifestyle options, different neighborhoods in the same city could be considered totally separate worlds within the same geographical space. And a neighborhood’s personality can dictate everything from its desirability to the cost of living and home prices.

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Marco Santarelli

SEPTEMBER 24, 2021

Scottsdale is home to around a quarter-million people, making it one of the largest suburbs in the Phoenix metro area. Over the last five years, data shows a stable Scottsdale housing market with average sale point and price per square foot seeing a steady increase. In August 2021, Scottsdale home prices were up 25.7%

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