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Housing Market

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Will 2025 finally be a ‘normal’ housing market?

December 9, 2024 by bp56691
Will 2025 finally be a ‘normal’ housing market?
The slight growth in new listings, seeing a slight growth in home sales is an optimistic view of the housing market for 2025.
Categories 2025 Housing Market Forecasts, Altos Research, Home Prices, Housing Inventory, Housing Market, Yahoo Finance

Housing demand still showing double-digit growth

December 7, 2024 by bp56691
Housing demand still showing double-digit growth
Last week, we witnessed a Santa Claus rally in mortgage rates amid improved housing demand. What will happen in the next few weeks?
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, New listings, Purchase Applications

Is now a good time to buy a house?

December 7, 2024 by bp56691
Rapid changes in mortgage rates have left many would-be homebuyers asking: Is now a good time to buy a house?
Categories Chase, Data & Visuals, First-Time Homebuyers, Homebuyers, Housing Market, Mortgage Rates, Redfin, Zillow

Is there a housing inventory ‘silver tsunami?’ Not where it’s needed

December 7, 2024 by bp56691
Is there a housing inventory ‘silver tsunami?’ Not where it’s needed
Zillow data suggests that places where senior-owned inventory is reentering the market will not adequately address the U.S. housing shortage.
Categories Florida, Housing Inventory, Housing Market, Reverse, South Carolina, Zillow

Mortgage rates fall on jobs week data

December 6, 2024 by bp56691
Mortgage rates fall on jobs week data
After the final jobs report for 2024, mortgage rates made a nice move lower on Friday, helped along by improved mortgage spreads.
Categories Bureau of Labor Statistics, Federal Reserve, Housing Market, Jobs Report, Mortgage Rates, Unemployment

NYC council approves sweeping plan that includes 82,000 homes

December 6, 2024 by bp56691
The “City of Yes” plans calls for the construction of 82,000 new homes over the next 15 years to address the Big Apple’s housing crisis.
Categories Homelessness, Housing Market, Multifamily, Multifamily Housing, New York, New York City, New York Times, Regulatory

AI used for housing decisions draws bipartisan support, oversight

December 5, 2024 by bp56691
Even in a divided Congress, there is bipartisan support for learning more about how gen AI is being used in housing decisions.
Categories Artificial Intelligence, Congress, Housing Market, Regulatory Compliance, Technology

Redfin’s 2025 housing market forecast predicts resilient homebuyers

December 4, 2024 by bp56691
Redfin’s 2025 housing market forecast predicts resilient homebuyers
Redfin forecasts home prices to rise by 4% over the course of 2025, with existing home sales between 4.1 million and 4.4 million.
Categories 2025 Housing Market Forecasts, Existing home sales, Home Price Appreciation, Housing Market, Mortgage Rates, Redfin

Investment giant Pretium Partners hires Sid Visentini to lead optimization efforts

December 3, 2024 by bp56691
Sid Visentini will join Pretium Partners as the firm’s senior managing director and head of business optimization.
Categories Capital Funding, Housing Market, Investment Properties, Morgan Stanley, People Movers, Pretium Partners

How migration is dividing the housing market in two

December 2, 2024 by bp56691
How migration is dividing the housing market in two
Migration is causing a bifurcation of the housing market with the South seeing a slowdown and the north falling short on inventory.
Categories Altos Research, Home Prices, Housing Inventory, Housing Market, Yahoo Finance
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