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Housing Market

Zillow Reports Housing Market is Closer to ‘Normal’

Zillow reports the U.S. housing market is closer to “normal,” with lower mortgage rates, inventory still less than ideal but more in line with seasonal expectations, and time on market higher than a year ago but lower than pre-pandemic norms.

January 20, 2023

Smiling woman in a black top stacks items into a large box of pink blankets in a bright room with other volunteers and boxes nearby.

Housing Market

Student Housing Report

Yardi Matrix published its latest National Student Housing Report, projecting another strong year for the student housing market in 2023 after wrapping up its best year on record in 2022.

January 20, 2023

Aerial cityscape over a river with tall office buildings and a marina; realtor.com watermark across the center.

Housing Market

Realtor.com’s Top 10 Markets for First-Time Home Buyers in 2023

Realtor.com just shared its forecast for the top 10 markets for first-time home buyers in 2023, highlighting factors that make those markets ideal for less experienced buyers.

January 19, 2023

Blue house with white trim featuring two burgundy front doors, a small covered porch, and decorative columns, with potted plants on the steps.

Housing Market

2023 Multifamily Outlook

ardi Matrix® released its moderated 2023 Multifamily Outlook with projections for this year’s rent growth, which it expects to return to historical averages. Inflation, interest rates, and an increase in inventory will likely cut 2022’s rental growth in half.

January 19, 2023

Crystal ball resting on dollar bills and coins with a glowing upward trend line, symbolizing financial forecasting.

Housing Market

Capital Economics Housing Market Prediction

Researchers at Capital Economics have shared their predictions on the 2023 housing market, pointing to signs we may be close to a trough, with recent improvements in affordability. But further declines in home prices are needed—if not guaranteed.

January 18, 2023

Graphic showing a foreclosure sign with a large 'SOLD' label and an upward-curving trend line indicating rising foreclosures.

Housing Market

Foreclosures in 2022: A Historical Perspective

ATTOM released its Year-End 2022 U.S. Foreclosure Market Report, which shows double the amount of foreclosures in 2022 compared to a year ago. Foreclosure starts are up year-over-year but still below pre-pandemic levels.

January 16, 2023

Red RENT key on a keyboard with a downward red zigzag arrow and dollar bills, indicating falling rent prices.

Housing Market

Rent Growth Slowed 7th Straight Month

A new Redfin report shows rent growth slowing for the seventh consecutive month in December 2022. The median asking rent rose only 4.8% year-over-year, the smallest increase since July 2021.

January 16, 2023

Night city skyline with illuminated skyscrapers and flames in the foreground, overlaid by a large Zillow watermark.

Housing Market

Zillow’s 10 Hottest Markets of 2023

Zillow has revealed its 10 hottest markets of 2023, with Charlotte, Cleveland, and Pittsburgh topping the list.

January 13, 2023

Housing Market

Fannie Mae’s Home Purchase Sentiment Index Rises as Home Prices Fall

The Fannie Mae Home Purchase Sentiment Index® (HPSI) rose 3.7 points in December 2022 to 61.0. While that number is only slightly higher than the all-time low index set in October, for agents on the ground, buyer activity has significantly increased in January 2023.

January 13, 2023

Five young adults standing outside modern townhouses, looking at their smartphones on a sunny day.

Housing Market

Investors Betting Big on Residential Real Estate in 2023

New Western, the largest private marketplace in the U.S. for fix-and-flip residential investment properties, released their latest report, showing investors remain confident in residential real estate investment for 2023.

January 12, 2023

Highway with two lanes each side and a central barrier; trucks and cars travel fast through a desert at sunset with dramatic clouds in the sky.

Housing Market

2022 Mover Migration Studies

According to 2022 mover migration studies by U-Haul and the North American Moving Services, more people moved to the South and Southwest than anywhere else as Americans migrate to states with more affordable housing and better access to nature.

January 11, 2023

Housing Market

The eXp CEO Just Blamed THIS On The Housing Market

Byron Lazine and Nicole White discuss statements by eXp Realty founder Glenn Sanford and Compass CEO Robert Reffkin, the rise in consumer confidence, Jamie Dimon’s confidence in the U.S. consumer, and the redevelopment of unused office space as housing.

January 10, 2023