Will we see a Santa Claus rally in mortgage rates?
Despite initial concerns that tariffs would push mortgage rates up to 8%, this week has brought some encouraging news.
Housing Market
Auto Added by WPeMatico
Texas cities lead the way for medium-density housing growth
StorageCafe reports that the fastest-growing markets for inventory include Southern cities with more affordable middle housing options.
Zillow’s forecast for the 2025 housing market in a word? Bumpy
Zillow expects home-price growth of 2.6% in 2025, which is largely in line with growth from this year. It also projects 4.3 million existing-home sales, with some buyers reversing the post-pandemic trend of buying for more space by choosing smaller homes.
Jump in pending home sales foreshadows positive end to the market in 2024
The 77.4 reading for NAR’s pending sales index is the highest mark since March and the third highest going back to December 2023.
How Trump’s plan to ‘seal the border’ impacts housing construction and affordability
The Trump administration’s attitude on undocumented immigration could block further progress for increasing new-home supply.
Logan Mohtashami says a ‘trade war tap dance’ with Trump’s tariffs is unlikely
On the RealTrending podcast, HousingWire Lead Analyst Logan Mohtashami talks about his 2025 housing market forecast and the potential impacts of Donald Trump’s tariffs.
Buying a home is growing even less affordable
Stubbornly high mortgage rates and home prices mean that housing affordability isn’t getting better.
CoreLogic: Single-family rent growth drops to four-year low
Single-family rent prices grew 2% during the year ending in September 2024, down from a year-over-year gain of 2.4% in August.
How are mortgage rates affecting housing demand?
It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand.
Real estate investors purchased 16% of homes in Q3 2024
Redfin said the number of homes bought by investors fell 2.3% year over year in Q3 2024. Their market share was the lowest since late 2020.