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The 2021 housing market recap by Logan Mohtashami

Housing Wire

A bullish housing market. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. mortgage rates, so on the mortgage rate side of the equation, it’s never been better. What a year 2021 has been. We started the year with many pundits saying that the U.S.

Marketing 531
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Why industry experts don’t expect mortgage rates to fall

Housing Wire

Despite new language in the Federal Open Market Committee statement that suggested a potential slowdown in curbing inflation, Federal Reserve Chairman Jerome Powell maintained a hawkish tone on raising the federal funds rates during Wednesday’s press conference. Once inflation is contained, mortgage rates will start to drift lower.

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Top 10 Markets for Home Buyers and Sellers in April 2024

BAM Media

BAM Key Details: Zillow released its Housing Market Report for April 2024, highlighting the best markets for homebuyers. Florida and Texas have seven of the top 10 metro areas listed, thanks to strong construction numbers, which have eased buyer competition. Seven of the top 10 markets for homebuyers are in Texas and Florida.

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Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

Agents 437
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The Expensive Get More Expensive: Home Value Growth Tops in Highest-Price Markets (March 2024 Market Report)

Zillow Market Reports

All five comprise the most expensive markets among the 50 largest in the U.S. It’s not a coincidence that these five metros are also where the highest share of homeowners are likely locked into their mortgage rate. New construction is providing a pressure-relief valve in these metros, giving move-up buyers a place to go.

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Top 20 Most Competitive Rental Markets in 2023

Broke Agent Media

BAM Key Details: According to RentCafe’s Rental Competitivity Report, rental competition has significantly increased in the Northeast as New Jersey overtakes Miami as the hottest rental market in the U.S. Overall, competition has cooled slightly, but low inventory and lack of affordable housing make it a challenging market for all.

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Cape Coral Housing Market: Prices, Trends, Forecast 2023

Marco Santarelli

This report provides an overview of the housing market trends in Cape Coral as of January 2023, including median sale prices, average days on the market, number of homes sold, and migration and relocation trends. The Cape Coral housing market is considered somewhat competitive, with a Redfin Compete Score of 51 out of 100.