Category: Housing Market

Top 10 Cities Where Home Prices Are Projected to Rise in 2024

July 6th, 2024
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  »

US Home Prices Hit New Record Highs Despite Rising Rates

June 4th, 2024
Hold on to your hats, folks! Home prices in the US have just reached a brand new all-time high, according to the S&P CoreLogic Case-Shiller Home Price Index. This might sound surprising considering mortgage rates have been climbing, but let's …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  »

Is the Housing Market Overvalued? Expert Opinions Differ

May 22nd, 2024
Are Home Prices Overvalued? The housing market is in a state of flux, leaving experts divided on whether home prices are overvalued or a reasonable reflection of demand. The opinions on this issue are varied, and it's critical to understand …Read more  »

Morgan Stanley Predicts Home Prices Will Drop Up to 5% in 2024

April 19th, 2024
In a recent analysis, Morgan Stanley has revealed that home prices could experience a significant drop of up to 5% in the coming year if mortgage rates remain at their current 8% level. The bank's strategists pointed to the recent …Read more  »

US Home Price Forecast by Goldman Sachs Shows 5% Surge in 2024

April 14th, 2024
Housing prices in the US defied expectations last year, showing resilience despite a surge in mortgage rates. Now, with the anticipation of interest rate cuts, Goldman Sachs Research predicts a more substantial increase in home prices than initially projected. The …Read more  »

Fannie Mae’s Housing Market Forecast for 2024 and 2025

April 2nd, 2024
Fannie Mae has revised its forecast for 2024. In the wake of turbulent oscillations and a deviation from historical norms, the housing and mortgage markets are anticipated to revert to a more typical pattern in 2024. The volatility in mortgage …Read more  »

Top 10 Housing Markets Where Homes Sold Fastest

April 1st, 2024
The U.S. housing market, despite some slowdown, remains a race for eager buyers keen on sealing property deals. A blend of soaring mortgage rates, historic lows in available homes, and determined buyers striving for homeownership has quickened homebuying across the …Read more  »

Forbes’ Housing Market Predictions for 2024: What to Expect?

March 26th, 2024
Despite the improved mortgage rates compared to the previous fall, the housing market faced challenges last year with surging mortgage rates and record-level monthly payments. This created a perfect storm of unaffordability, particularly affecting first-time buyers. As we navigate 2024, …Read more  »