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Real Estate

Rent Prices Continue Their Decline

The median asking rent was down from last month, according to Realtor.com's November 2023 Rental Report, with rental supply outpacing demand in the West and South, causing prices to cool.

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Home Flipper Investment Returns Rebound

Profits and profit margins for home flippers recovered in Q3 2023, with a new report revealing that investors were able to benefit from shifts in prices between the time of purchase and the point at which they sold them.

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Housing Market Snapshot: The Year Ahead

The National Association of Realtors' latest forecast predicts a modest bump in existing-home sales while annual median home prices should remain relatively flat—something that bodes well for affordability.

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Are Renters Finally Catching a Break?

While a recent apartment construction boom offered U.S. renters more options to choose from, an increasing number of buildings to choose from caused the rental vacancy rate to rise in Q3, according to a new Redfin report.

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Eyes on the Horizon

As we approach a new year, MortgagePoint took the temperature of industry experts to see what lies ahead for a market that trudged through 2023 hampered by the convergence of rates reaching 20-year highs, a shortage of housing inventory, and inflated home values.

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