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Housing Market

Home » Housing Market
Housing Market

30 Renters for Every Home for Sale: The Supply Crunch for First-Time Buyers

Freddie Mac’s latest outlook report spotlight the growing challenges facing first-time homebuyers, from historic lows in available housing to increased competition, with 30 renters for each available home for sale.

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October 30, 2024
Housing Market

MBA Predicts $2.3 Trillion in Mortgage Originations for 2025 as Rates Stabilize

The Mortgage Bankers Association’s 2025 forecast predicts total mortgage origination volume will rise to $2.3 trillion, up from $1.79 trillion in 2024. Purchase originations are expected to increase by 13%, totaling $1.46 trillion by 2025.

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October 29, 2024
Which States Could Flip in 2024 Migration Data Points to Surprising Shifts
Housing Market

Which States Could Flip in 2024? Migration Data Points to Surprising Shifts

Realtor.com data reveals how migration trends from January 2021 to September 2024 could influence key states in the 2024 election, with both blue and red voters gravitating toward specific regions.

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October 28, 2024
Housing Market

75% of Gen Z Renters in Major Cities Are Rent-Burdened

A new analysis by Zillow and StreetEasy shows nearly half of U.S. renter households are burdened by high rent costs, with Gen Z renters facing the greatest challenges. Meanwhile, back in 2012, millennial renters had it slightly worse.

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October 25, 2024
Affordable-Housing-Hotspots-The-WSJ-Realtor-dot-com-Fall-2024-Market-Ranking_BAM-featured-image
Housing Market

Affordable Housing Hotspots: The WSJ/Realtor.com Fall 2024 Market Ranking

The Wall Street Journal/Realtor.com Housing Market Ranking for Fall 2024 highlights the top 20 U.S. housing markets where affordability meets strong local economies. This quarter’s top market is Canton-Massillon, OH, rising one spot from the previous quarter.

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October 24, 2024
Remodeling Gone Wrong What Homeowners Regret Most About Their Projects
Housing Market

Remodeling Gone Wrong: What Homeowners Regret Most About Their Projects

Clever Real Estate’s recent research reveals that nearly two-thirds of homeowners (63%) have gone into debt for renovations, with 78% exceeding their budgets on their last projects.

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October 10, 2024
Top U.S. Metros to Watch as Mortgage Rates Fluctuate
Housing Market

Top U.S. Metros to Watch as Mortgage Rates Fluctuate

According to a new study from Realtor.com®, the Federal Reserve’s recent rate cuts are poised to significantly impact real estate markets with the highest shares of owner-occupied homes with a mortgage, particularly in Washington D.C. and Denver.

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October 9, 2024
Housing Market

Consumer Sentiment Hits 30-Month High as Mortgage Rate Optimism Grows

The Fannie Mae Home Purchase Sentiment Index® (HPSI) rose 1.8 points in September to 73.9, its highest level in over two years, driven by record consumer optimism that mortgage rates will decline.

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October 8, 2024
Top 10 Markets for Real Estate Investment in 2024
Housing Market

Top 10 Markets for Real Estate Investment in 2024

Realtor.com® reveals the top 10 U.S. markets for real estate investment in 2024, led by Dayton, Ohio. These metros offer home prices 21.7% below the U.S. average and rental vacancy rates as low as 4.8%, providing strong opportunities for property investors.

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October 7, 2024
Affordable-and-Livable-The-Best-US-Metros-to-Call-Home-in-2024-BAM-featured-image
Housing Market

Affordable and Livable: The 10 Best U.S. Metros to Call Home in 2024

According to RentCafe’s 2024 report, 139 U.S. metros were ranked based on factors like cost of living, quality of life, and community spirit to determine the most livable cities, led by Portland, ME, and Lincoln, NE.

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October 5, 2024
End of the Lock-In More Listings Hit Market as Rates Dip
Housing Market

End of the Lock-In? More Listings Hit Market as Rates Dip

The Realtor.com® September Housing Report shows newly listed homes increased 11.6% year-over-year as mortgage rates dropped to a 24-month low following a 50 basis point Federal Reserve rate cut.

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October 4, 2024
The Top Reasons Homeowners Are Selling in 2024
Housing Market

The Top Reasons Homeowners Are Selling in 2024

According to Zillow’s seller report, 78% of homeowners are motivated to sell due to major life events, such as changes in family size or job relocations. Most sellers take 3-4 months to decide, with 48% seeking a new location, more space, and/or a different layout.

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October 3, 2024
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