Category: Housing Market

The housing market is expected to continue to grow in 2024 and beyond. Zillow now forecasts that the national Home Value Index will rise by 4.9% from August 2023 through August 2024. However, not all cities will experience the same …Read more  »

Is the housing market crashing? Not everywhere! The housing market has been stuck in neutral for a while now. High home prices and unpredictable mortgage rates have left both buyers and sellers hesitant. But wait! There are some bright spots …Read more  »

The burning question for many aspiring homeowners in 2024 is: when will houses become affordable again? The answer, unfortunately, isn't a simple one. The housing market is a complex beast, influenced by a mix of factors including: Inventory: Low supply and …Read more  »

The American dream of homeownership might be facing a wake-up call. Strategist Chris Vermeulen predicts a major correction is on the horizon for the real estate market, with both residential and commercial properties potentially experiencing a 30% decline. While Vermeulen's …Read more  »

Through May 2024, the U.S. housing market experienced significant changes. Home prices nationwide, including distressed sales, increased by 4.9% year over year in May 2024 compared to May 2023. Month-over-month, there was a 0.6% growth from April 2024 to May 2024. CoreLogic updates their …Read more  »

Is the Florida & Texas housing boom ending? Experts predict a market correction, with potential price drops. It has been approximately two years since mortgage rates surged, causing a slowdown in the previously bustling housing market. Despite a significant drop in sales, home …Read more  »

After more than a year of Atlanta dominating the list of most overvalued housing markets, Detroit is now the most overpriced market in the United States, according to researchers at Florida Atlantic University and Florida International University. Detroit Overtakes Atlanta as Most Overvalued Housing …Read more  »

According to ATTOM’s Q1 2024 U.S. Home Flipping Report, the first quarter of 2024 saw a significant surge in home flipping activity. During this period, 67,817 single-family homes and condominiums were flipped in the United States. This accounted for 8.7 percent, or roughly one …Read more  »

Forget bidding wars! The housing market cools down in 2024. Homes selling below asking price for the 1st time since 2020. Is it a buyer's market now? Well, the typical U.S. home sold during the four weeks ending June 23 …Read more  »