Category: Housing Market

The housing markets in Palm Bay-Titusville-Melbourne, FL, and two other Florida areas are at very high risk for price crashes in the coming year. As these markets face critical financial turbulence, it's essential for current homeowners, prospective buyers, and investors to …Read more  »

Is the sellers' housing market finally coming to an end? For the past few years, sellers have held the upper hand, enjoying bidding wars, skyrocketing prices, and quick sales. However, recent data suggests a potential shift in the market. Let's dive into …Read more  »

Realtor.com's 2024 Midyear National Housing & Economic Forecast predicts some interesting shifts in the housing market as we navigate the latter half of 2024. Let's dive into the key takeaways and what they could mean for buyers, sellers, and the …Read more  »

In a stunning revelation, nearly 90% of metro areas registered home price gains in the second quarter of 2024, according to the latest report from the National Association of REALTORS® (NAR). This surge reflects a significant trend in the housing market, …Read more  »

California housing affordability took a significant hit in the second quarter of 2024, reaching near 17-year lows, as soaring home prices and stubbornly high mortgage rates continued to squeeze potential homebuyers. According to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), a mere …Read more  »

Seven of the top 10 most expensive housing markets in the U.S. are in California. Is anyone really surprised? The Golden State, known for its beautiful beaches, thriving tech industry, and high cost of living, consistently ranks high in real estate prices. …Read more  »

The housing market is facing a significant challenge as single-family housing starts dropped by 14.1% in July 2024, reaching a near 1.5-year low. This drop reflects multiple ongoing pressures, such as the impact of Hurricane Beryl, rising mortgage rates, and the …Read more  »

The affordable housing crisis has turned into a significant challenge for countless Americans, threatening the stability and security of families and communities. Recently, Vice President Kamala Harris unveiled a comprehensive housing policy plan aimed at tackling this urgent issue. It promises ambitious …Read more  »

The San Jose housing market just hit a staggering milestone: a median home price of $2 million. This news, while shocking, isn't entirely surprising given the trends we've been seeing in the U.S. housing market. Let's unpack what this means …Read more  »