Category: General Real Estate
Housing Market Predictions for the Second Half of 2024
July 11th, 2024
The housing market has been a whirlwind in recent years, with skyrocketing prices, bidding wars, and historically low mortgage rates. As we head into the second half of 2024, experts offer a mixed outlook, with some predicting a gradual improvement …Read more »
Housing Market: Sell Now or Wait? Bank of America Makes Prediction
July 8th, 2024
The pandemic-driven boost to housing prices is expected to last until at least 2026, according to Bank of America. A "For Sale" sign is posted in front of a home for sale in San Marino, California on September 6, 2023. …Read more »
Expert Predicts Real Estate Crash Where Prices Could Plunge 30%
July 4th, 2024
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 »
Home Price Trends: CoreLogic Predicts 3% Growth by May 2025
July 3rd, 2024
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 »
2024’s Housing Market Where Homes Are Selling Below Asking Price
June 28th, 2024
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 »
Housing Market Trends: June 2024 – A Shift in Gears? Predictions
June 11th, 2024
The housing market in June 2024 is presenting a mixed bag of signals. While affordability remains a challenge for many buyers due to stubbornly high mortgage rates, there are signs that a shift might be underway. Let's delve into the …Read more »
Top 10 States Facing a HOUSING CRISIS: Severe Underproduction
May 24th, 2024
Housing Market Shortage Sharpens in Suburbs, Small Towns, Report Says. A Washington D.C. nonprofit, Up for Growth, devoted to solving the nation’s housing shortage, issued a new report Thursday that found the U.S. housing shortage has “accelerated” in suburbs and …Read more »
Real Estate Forecast for the Next 5 Years: Future Predictions?
May 24th, 2024
Wondering where the US housing market is headed? Our real estate forecast for the next 5 years tackles this question. We'll explore expert predictions on mortgage rates, home prices, and potential crashes, giving you the insights you need to navigate the market, …Read more »
Housing Market Trends: 90% of Metros See Price Rise in 2024
May 19th, 2024
The US housing market continues to defy expectations in 2024. Data from the National Association of Realtors (NAR) reveals a surprising trend: over 90% of metro areas across the country experienced rising home prices in the first quarter, despite persistently high mortgage …Read more »
