Fannie Mae’s latest Home Price Expectations Survey predicts slower home price growth in 2024 and 2025. The panel also estimates a shortage of 2.8 million homes in the U.S.
August 2024 saw a 35.8% increase in active housing inventory—the highest level since May 2020, according to Realtor.com’s latest housing trends report.
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.
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.
On Monday, October 16, the Biden-Harris Administration released data on its investment in housing affordability and announced new initiatives to further support homeownership and make it accessible to more Americans.
A new Redfin report outlines the conditions of the real estate market in June, as home prices soar due to a record low number of properties for sale.
his week’s Hot Sheet recap includes updates on active housing inventory, mortgage demand, the Fed’s meeting minutes, and other industry news covered by Byron Lazine for the week of July 3rd-7th.
It’s officially summer, which means one thing in the real estate industry—we’ve moved past what is historically the busiest home buying and selling season of the year. But if the spring market is really over, it begs the question: what will the rest of 2023 be like?
Byron Lazine and Nicole White discuss the housing inventory crisis, a Ryan Serhant video showing how billionaires act differently, the importance of valuing your client’s time, and a TikTok with real estate tips from billion dollar agents, with Byron’s honest take on authenticity.
This week’s Hot Sheet recap includes updates on Jerome Powell’s testimony, the increase in builder sentiment, the fate of commercial real estate, and other industry news covered by Byron Lazine for the week of June 20th – 23rd.
Byron Lazine, Lisa Chinatti, and Tom Toole discuss the return of the savagely unhealthy housing market, housing inventory reaching its lowest level on record, rising builder confidence, and their top six book recommendations for knowledge brokers.
National Association of Realtors® and Realtor.com released a report that analyzes the supply of homes by income level. It found the greatest shortage of housing inventory is for middle-income earners, with a shortage of almost 320,000 homes.
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