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Housing Market

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Today’s sellers don’t have to worry about underwater mortgages

December 13, 2024 by bp56691
Today’s sellers don’t have to worry about underwater mortgages
Underwater mortgages continue to trend downward. Only 1.8% of homes are underwater today, compared to 23% in 2010.
Categories CoreLogic, FICO, Foreclosure, Housing Market

Cincinnati’s housing market in a word? Unpredictable

December 10, 2024 by bp56691
Cincinnati’s housing market in a word? Unpredictable
Turbulent mortgage rates have trickled down to markets like Cincinnati, where agents say they don’t know what to expect from sale to sale.
Categories Altos Research, Data & Visuals, Home Prices, Housing Market, Housing Market Data, Mortgage Rates, Ohio

Realtor.com’s top housing markets for 2025 are in the South and West

December 10, 2024 by bp56691
Realtor.com’s top housing markets for 2025 are in the South and West
Realtor.com’s list of the top 10 housing markets in 2025 are dominated by metro areas in the South and West regions.
Categories 2025 Housing Market Forecasts, Colorado, Data & Visuals, Existing home sales, Florida, Home Prices, Housing Market, Realtor.com, Texas, Virginia

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
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