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Housing Market

Home » Housing Market
Housing Market

Housing Market Optimism Grows, But Are Buyers Ready to Act?

October 2024 HPSI hits highest level since 2022, showing growing consumer confidence. Despite optimism, high home prices keep many buyers cautious and on the sidelines.

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November 8, 2024
Housing Market

Homeownership Hits a New High, But Renting Is Growing 3X Faster

Redfin’s latest analysis reveals record growth in renter households, up 2.7% year over year, growing three times faster than homeowner households as rising home prices and high mortgage rates push more Americans toward renting.

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November 8, 2024
Economic-Growth-Weak-Housing-Powells-November-FOMC-Overview_BAM-featured-image
Housing Market

Economic Growth, Weak Housing: Powell’s November FOMC Overview

At the November FOMC press conference, Fed Chair Jerome Powell announced a 25 basis point cut to the federal funds rate. Here’s a breakdown of his statements on housing and the U.S. economy following the 2024 presidential election.

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November 7, 2024
FSBO Sellers Fall to Historic Low
Housing Market

FSBO Sellers Fall to Historic Low

The National Association of Realtors®’ 2024 report reveals that the typical home seller’s age has climbed to 63, with married couples making up 69% of sellers. Only 6% of sellers chose the for-sale-by-owner (FSBO) route, marking a historic low.

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November 7, 2024
How Does the Housing Market Move Forward Lessons from the 1980s
Housing Market

How Does the Housing Market Move Forward? Lessons from the 1980s

In response to the question, “How does the housing market move forward?” Logan Mohtashami’s Tweets on X offer historical context and insights, pointing to how the market has previously rebounded after similar affordability challenges.

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November 7, 2024
Housing-Supply-Shortages-Which-Metros-Are-the-Most-Affected_BAM-featured-image
Housing Market

Housing Supply Shortages: Which Metros Are the Most Affected?

The National Association of Realtors’ Q3 2024 report highlights how persistently low housing supply is driving affordability challenges, with median home prices rising 3% in September for the 15th straight month of year-over-year gains.

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November 6, 2024
Homebuyers-in-2024-Are-Older-and-Wealthier-than-Ever-Before_BAM-featured-image
Housing Market

Homebuyers in 2024 are Older & Wealthier than Ever Before

According to the National Association of Realtors®, first-time home buyers have reached a historic low of 24%, while the average buyer age has climbed to a record high of 56 years overall—with 38 years for first-time buyers and 61 for repeat buyers.

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November 6, 2024
Housing Market

What a Trump Presidency Means for Housing

Trump’s housing policies could reshape real estate. Explore his plans on affordability, supply, and how agents can lead locally on housing issues.

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November 6, 2024
38% of Early Voters Say Housing Affordability Impacted Their Presidential Pick
Housing Market

38% of Early Voters Say Housing Affordability Impacted Their Presidential Pick

Redfin’s latest report shows how housing affordability influenced early 2024 voter choices, with 38% citing it as a factor in the presidential race—particularly among Kamala Harris voters.

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November 5, 2024
Will-Harris-or-Trump-Make-Housing-Affordable_Breaking-Down-Their-Promises_BAM-featured-image
Housing Market

Will Harris or Trump Make Housing Affordable? Breaking Down Their Promises

Explore the 2024 presidential candidates’ housing policies, comparing Kamala Harris’s affordability plans with Donald Trump’s regulatory strategies, and discover what each approach could mean for the future of the U.S. housing market.

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November 4, 2024
Gen-Z-Adults-Are-Flocking-to-These-Cities-Heres-Why_BAM-featured-image
Housing Market

Gen Z Adults Are Flocking to These Cities – Here’s Why

Key Details: MoneyGeek’s latest report reveals the top U.S. cities where young adults are thriving financially, with Salt Lake City leading the way in affordability and low debt.  While the

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November 2, 2024
Comparing Housing Costs in Red, Blue, and Swing States
Housing Market

Comparing Housing Costs in Red, Blue, and Swing States

Discover how home prices vary across red, blue, and swing states in 2024, with Realtor.com data revealing key affordability trends as Election Day approaches.

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October 31, 2024
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