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Housing Market

Home » Housing Market
Home Prices Rose 6.9% Year Over Year in Q2—Down from 7.3% in Q1
Housing Market

Home Prices Rose 6.9% Year Over Year in Q2—Down from 7.3% in Q1

According to Fannie Mae’s latest Home Price Index (FNM-HPI) reading, single-family home prices increased by 6.9% from Q2 2023 to Q2 2024, with the pace of growth slowing due to rising mortgage rates and increased home availability.

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July 19, 2024
Housing-Affordability-Challenges-and-Predictions-by-Ivy-Zelman-BAM-featured-image
Housing Market

Housing Affordability Challenges and Predictions from Ivy Zelman

Join Willy Walker of Walker & Dunlop and Ivy Zelman of Zelman & Associates as they dive deep into housing affordability, market predictions, and innovative solutions for the future in their latest insightful conversation.

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July 18, 2024
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Housing Market

Top Consumer Knowledge Gaps in the Mortgage Process

Fannie Mae conducted a Consumer Mortgage Understanding Study in 2015, 2018, and again in 2023. Here, we’re focusing specifically on consumer understanding of the mortgage process and confidence in their ability to qualify for a mortgage.

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July 17, 2024
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Housing Market

Exurbs on the Rise: The New Suburban Frontier

The “Urban Suburban Report” by StorageCafe reveals key trends in suburban growth, driven by remote work and shifting demographics to show why Millennials and Gen Z, in particular, are increasingly choosing suburban and exurban living over city life.

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July 16, 2024
Rent vs. Income The Harsh Reality for U.S. Renters in 2024
Housing Market

Rent vs. Income: The Harsh Reality for U.S. Renters in 2024

New Redfin research shows the typical renter earns $11,000 less than the $66,120 minimum required to afford the typical U.S. apartment. And only 39% of U.S. renters earn enough to afford a median-priced apartment.

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July 12, 2024
Home Sale Prices Reach Record Highs for 9th Consecutive Week, But Signs a Shift May Be Coming
Housing Market

Home Sale Prices Reach Record Highs for 9th Consecutive Week, But Signs a Shift May Be Coming

The median U.S. home sale price hit a record high for the ninth consecutive week, according to Redfin’s latest report. Yet, the report also reveals signs that prices may start to soften.

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July 11, 2024
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Housing Market

Housing Costs and Inflation: Key Takeaways from Powell’s Testimony

Fed Chair Jerome Powell spoke before the House Financial Services Committee on July 10, 2024. We’re focusing on Powell’s statements in discussions related to housing, as well as Maxine Waters’ opening remarks on the subject.

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July 11, 2024
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Housing Market

The Sentimental Value of Homes: A Hidden Factor in the Housing Market

Opendoor commissioned a survey to understand Gen X and Boomer behaviors around buying and selling a home, specifically the emotions they felt. Based on results, 66% of home sellers and buyers aged 55+ feel emotionally attached to their homes.

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July 5, 2024
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Housing Market

The 10 Best—and Worst—Cities for Real Estate Agents in 2024

A recent study by Clever Real Estate reveals the top 10 cities for real estate agents in 2024. Detroit, MI, leads at number one, followed by Buffalo, NY, and Kansas City, MO.

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June 29, 2024
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Housing Market

Why 89% of Home Sellers Have Regrets

According to a recent survey by Clever Real Estate, the average homeowner spends $54,156 to sell their home. And 42% of the homeowners responding to the survey say the home-selling costs were higher than they expected.

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June 26, 2024
Dave Liniger RE/MAX
Agent Strategy

How Haters Made a Real Estate Legend: Grant Cardone’s Interview with RE/MAX Founder Dave Liniger

Grant Cardone recently interviewed Dave Liniger, the founder of RE/MAX, on his podcast, the Cardone Zone as one of the industry’s Power Players. Read on for some of the highlights of their conversation.

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June 24, 2024
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Housing Market

Top 10 Budget-Friendly States for Homebuyers in 2024

Research from Click Storage highlights the top 10 budget-friendly states for 2024, with Utah at number one, followed by Tennessee and Arizona.

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June 23, 2024
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