Housing Market

The Best Day of the Year to Buy a Home Is Just Around the Corner

ATTOM released their 2023 analysis of the best days of the year to buy a home. And while the month of October still offers homebuyers the lowest premiums, January 9 emerged as the best day of the year for buying a home

December 7, 2023

The Viral Video Sparking Debate Over San Antonio’s Most Affordable Home

A home tour video on TikTok has gone viral with its upbeat portrayal of a 600-square-foot “tiny home” in San Antonio selling for $136,900, with an estimated mortgage payment of $1,000 a month. And folks on Twitter and TikTok are taking it personally.

December 6, 2023

Rooting for a Housing Crash? Here’s What Your Clients Think Is Coming in 2024

A new LendingTree survey of over 2,000 U.S. consumers shows 44% of Americans believe the housing market could crash in the next year. Another 31% are unsure.
What’s more surprising (or not) is that 35% overall are hoping for a crash.

December 5, 2023

10 Most Affordable—and Least Affordable—States for Renters in 2023

A new analysis of all 50 states by Home Stratosphere reveals the 10 most affordable states for renters, along with the 10 least affordable.

December 1, 2023

8 Predictions from Ryan Serhant on the 2024 Housing Market

Ryan Serhant shares his eight predictions for the housing market in 2024.

November 29, 2023

Housing Market

Ivy Zelman Offers Rare Insights on the Housing Market

On Friday, November 17th, Ivy Zelman joined CNBC “Squawk Box” hosts to discuss the state of the U.S. housing market, new home builder incentives, the impact of mortgage rates on existing home sales, and her outlook for 2024 and 2025.

November 28, 2023

House Hacking Increases as Millennial and Gen Z Buyers Prioritize Rental Income

According to a recent Zillow survey, over half of Millennial (55%) and Gen Z (51%) homebuyers find it very important that the home they purchase has potential for rental income.

November 27, 2023

Housing Market

Existing Home Sales Have Sunk to Their Lowest Point since 2010

According to the National Association of Realtors® (NAR), existing home sales in October hit their lowest point since 2010, dropping 4.1% from September and falling 14.6% year over year.

November 22, 2023

The Rise of Single Women Home Buyers

According to the National Association of REALTORS® (NAR) 2023 Profile of Home Buyers and Sellers, released this week, nearly twice as many single women (19%) as single men (10%) are buying homes in today’s market.

November 17, 2023

Housing Market Turbulence: Affordability and Demand Drop

The Black Knight Mortgage Monitor for November 2023 shows rising mortgage rates and home prices have increased the principal and interest payment (P&I) for a median-priced home to more than $2,500 for the first time.

November 16, 2023

Millennials and Gen Z Are Staying in Multigenerational Households Longer

A new report from RentCafe shows one in five millennials (20%) and two-thirds of Gen Zers (68%) live with family members in multigenerational homes, taking longer to leave than previous generations at their age. And many don’t expect to move anytime soon.

November 16, 2023

Housing Market

Inside the Minds of Home Sellers: Findings from Zillow’s Consumer Trends

The 2023 Zillow Consumer Housing Trends Report is in, with a revealing snapshot of today’s seller. This year, 92% of sellers reported using a real estate agent to assist them with the home buying/selling process.

November 15, 2023