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Housing Market

Home » Housing Market
Housing Market

Co-Buying, Compromises, and Home Tour Burnout: 2023 First-Time Homebuyers

Opendoor has released the third edition of its First-Time Homebuyer Report, offering real estate agents a detailed glimpse into the realities faced by today’s first-time buyers, including co-buying trends and home tour burnout.

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March 20, 2024
Housing Market

Selling in Early June Could Get Home Sellers an Average $7,700 More

New Zillow research shows selling in the first two weeks of June nets homeowners an additional 2.3% (about $7,700), compared to those selling at other times of the year, according to 2023 sales data.

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March 14, 2024
Housing Market

Is Price the New Location?

A new nationwide Coldwell Banker survey shows price is more important than location to more than half the surveyed consumers who are looking to purchase a home.

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March 13, 2024
Housing Market

Manageable Challenge or Healthy Reset: Agent Sentiment on Decoupled Commissions

The results are in for the third BAM x 1000Watt Agent Sentiment Survey, showing a variety of agent responses to the possibility of decoupled commissions as a result of antitrust commission lawsuits.

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March 13, 2024
Housing Market

Over Half of Americans Say Housing Affordability Impacts Their Vote for President

A new Redfin report shows a majority of U.S. homeowners and renters say housing affordability will impact their vote in this year’s presidential election.

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March 12, 2024
Housing Market

9 Things Agents Can Learn from the #1 UK Agent

Top UK real estate agent and business owner, Matt Nicol, joins Byron Lazine for a BAM interview covering the biggest differences between the UK and U.S. real estate industries and nine things U.S. agents can learn from those differences.

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March 7, 2024
Housing Market

100+ Housing Experts See Increased Home Price Growth and 6% Mortgage Rates in 2024

According to the Q1 2024 Fannie Mae Home Price Expectations Survey (HPES), a panel of 100+ housing experts forecasts home price growth of 3.8% in 2024 and 3.4% in 2025, as well as a median 6% 30-year fixed mortgage rate by the end of 2024.

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March 5, 2024
Housing Market

Higher-than-Expected Moving Expenses in 2023: 86% of Movers Have Regrets

New research from Home Bay and Allied Van Lines shows half of Americans who moved in 2023 spent $2,000 or more to relocate—an uptick from the 46% who spent a minimum $2,000 to move the year before.

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March 5, 2024
Housing Market

The Income Needed to Buy a Home Has Jumped 80% Since 2020

A new Zillow report shows today’s homebuyers need to earn more than $106,000 a year to afford a typical U.S. home—up $47,000 or 80% from January 2020. The median household income has grown only 23% during that time.

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March 4, 2024
Housing Market

U.S. Housing Gap Hits 7.2 Million After More than a Decade of Underbuilding

A new Realtor.com report shows a 7.2 million unit gap between housing formation and housing supply, due to more than a decade of underbuilding.

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February 29, 2024
Housing Market

The $2 Trillion Surge in U.S. Home Values

A new Redfin report shows a 5% annual increase in value for the U.S. housing market—amounting to $2 trillion in growth over the past year—as the national housing shortage props up home prices.

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February 29, 2024
Housing Market

Income Goes Farthest In These Top Cities For Renters

A recent article on RentCafe highlights the top 10 U.S. cities where a renter’s income goes the furthest.

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February 27, 2024
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