Category: Economy

San Diego Housing Market Predictions: Prices Skyrocket 11.4% – What’s Next?

May 1st, 2024
San Diego's housing market continues to sizzle, leading the nation in home price growth among 20 major U.S. cities according to the S&P CoreLogic Case-Shiller US Home Price Index. February 2024 data revealed a staggering 11.4% increase in home prices …Read more  »

Housing Market Trends: Prices Soar Despite Rising Mortgage Rates

May 1st, 2024
February defied expectations in the US housing market, with home prices surging 6.4% year-over-year according to the Case-Shiller Index. This marks the eighth consecutive month of gains, highlighting the housing market's unexpected resilience even with higher mortgage rates. February witnessed …Read more  »

Red-Hot Housing Market: Record Prices and Low Inventory

April 30th, 2024
While major housing markets grab headlines, hidden havens across America offer a thriving, under-the-radar housing scene. One such diamond in the rough is Rockford, Illinois. While not a name that immediately springs to mind when discussing real estate powerhouses, Rockford …Read more  »

Prediction: 684 Housing Markets Poised for Growth by 2025

April 30th, 2024
Good news for homebuyers! Zillow released a report predicting price increases in many US housing markets. Their analysis is based on tons of data, so you can trust it gives a good picture of where the market is headed. In …Read more  »

Turnkey Homes for Sale Are Selling Fast in 2024

April 28th, 2024
Since last, despite a cooling housing market and high mortgage rates, turnkey homes are in demand and selling fast. While fixer-uppers, homes with less curb appeal, and those located in less desirable areas are sitting on the market for longer, …Read more  »

Cost of Buying a Home Reaches New High: Monthly Payment Soars 13%

April 26th, 2024
The U.S. housing market has always been dynamic, but recent reports indicate a significant surge in home prices, hitting an all-time high, alongside a rise in mortgage rates. This combination is creating a challenging environment for potential homebuyers. According to …Read more  »

These Housing Markets Are on FIRE: Is Your City on the List?

April 26th, 2024
The spring housing market might have had a rough start, but buyers should not relax if they aim to secure a home. From bustling metropolises like San Jose to charming locales like Manchester, below are the 10 housing markets where …Read more  »

Housing Market Crash Alert: Mortgage Demand Dips, Will Prices Crash?

April 26th, 2024
Homebuyers hoping for a dramatic drop in housing prices might be disappointed by recent data. While mortgage demand has indeed been on a downward slope, a housing market crash seems like a distant prospect at this point. Let's dissect the …Read more  »

Florida & Texas Housing Market Slowdown: Prices Stall as Inventory Piles Up

April 25th, 2024
Once-booming housing markets in Florida & Texas hit a snag. Is this the end of the surge? Homebuyers across the country are facing a familiar foe: a lack of listings. Many homeowners, locked in with historically low mortgage rates, are …Read more  »