While the average homebuyer can now afford to spend even less on a home, a new Point2 study revealed that the median home price in the U.S. is now 50% higher than the average affordable home price.
Read More »What Next? Forecasting the 2024 Housing Market
After a roller-coaster two years, experts expect a ‘flat stretch’ over the next 12 months, according to a new report.
Read More »Cooling Home Values Boost Affordability
As mortgage rates continue to ease, homebuyers are still constrained by elevated housing costs, according to Zillow's latest housing report. However, cooling home values did provide some relief in November.
Read More »Fannie Mae Predicts Housing Growth
After interviewing over 100 highly placed and senior housing experts, most were positive and optimistic about future home price growth during calendar years 2024 and 2025.
Read More »Forecast: Finding the Top Housing Markets for 2024
Affordability may make a resurgence in 2024, and markets such as Toledo, Ohio; Oxnard, California; and Rochester, New York are being singled out as potential hot markets. Here are the other markets that are primed to perform next year.
Read More »Homebuying Will Remain Expensive for the Foreseeable Future
According to a new report, the market will continue to be characterized by highly competitive buyers trying to snap up any and all available inventory.
Read More »Survey Finds American Dream Still Alive Despite Inflation, Mortgage Rates
A new survey from Falls & Co. finds that Americans still have not soured on the idea of owning a home despite challenging current market conditions.
Read More »U.S. Homeowners Remain Financially Disincentivized to Sell Their Homes
According to a new study from First American, some 90% of homeowners remain discouraged by the idea of selling their homes. Will that change if mortgage rates were to decline in 2024? Here’s what experts predict about the ongoing “sellers’ strike.”
Read More »Mortgage Balances, Delinquencies Up in Q3
Home equity could be ‘viable solution to ease debt pressures,’ experts say as mortgage balances nationwide grew in the third quarter according to TransUnion.
Read More »Fannie Mae Forecast: Economy Will Pick Up in 2025
Home sales are likely to weaken in the near term and will likely bottom out sometime early next year, according to new commentary from Fannie Mae’s Economic and Strategic Research Group.
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