Category: Housing Market

Home Prices Predicted to Rise by 2.1% in 2024 and 0.6% in 2025

August 20th, 2024
The housing market predictions are heavily influenced by the persistent high mortgage rates and fluctuating home prices. Now the latest forecasts expect a modest increase of 2.1% in 2024, followed by 0.6% in 2025. With insights from reliable sources such …Read more  »

SF Bay Area Housing Market Records 19% Sales Growth in July 2024

August 20th, 2024
As we dive into the San Francisco Bay Area housing market, July 2024 brought noteworthy shifts in home sales and pricing. The Bay Area, known for its vibrant tech culture and stunning landscapes, continues to showcase a dynamic real estate environment …Read more  »

California Housing Market Rebounds Amidst Falling Mortgage Rates

August 20th, 2024
The California housing market experienced a rebound in July, with home sales reaching a five-month high. This surge in activity was largely driven by a decline in mortgage rates, which fell to their lowest point since spring. The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported that …Read more  »

CoreLogic Flags Atlanta and Spokane as High-Risk Housing Markets

August 20th, 2024
If you're keeping a pulse on real estate trends, you may have noticed something alarming. While the national housing market has witnessed gradual growth, certain areas are on a precarious cliff, threatening potential homebuyers and investors alike. According to the …Read more  »

Florida Housing Markets Face Steep Risk: CoreLogic Prediction

August 20th, 2024
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 Sellers’ Housing Market Over: Emerging Trends in July 2024

August 19th, 2024
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  »

Midyear Housing Market Forecast: Revised Predictions for 2024

August 19th, 2024
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  »

Housing Market Boom: Home Prices Up in Nearly 90% of Metro Areas

August 19th, 2024
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 Market Affordability Crisis Deepens in Q2 2024

August 18th, 2024
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  »
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