Lawmakers, economists worry home price growth will ‘choke off’ buyers

Economists told Politico the yearslong imbalance of demand and supply will come to a head this year as first-time buyers give up on homeownership. Continue reading

Compass agents anticipate post-pandemic buyer’s market in California

More than 700 Compass California real estate agents shared their concerns and market predictions for when shelter-in-place laws lift in the state. Continue reading

Post-virus home price growth forecasts show spike in the West

In the wake of the COVID-19 pandemic and its effects on the market, home prices are expected to increase at half the rate prior to the outbreak according to forecasting by Veros Real Estate Solutions. Continue reading

Home prices jump 10.5% in Idaho, drop in Connecticut

Overall, home prices grew 4 percent year-over-year in January and are expected to keep rising fast, according to the latest CoreLogic report. Continue reading

Despite softening home price growth, it’s still a seller’s market

Homeseller profits increased for three years in a row, rising to $65,500 in 2019 according to Attom Data Solutions. Continue reading

Whopping 3.9 million more homes needed to meet buyer demand

From 2012 to 2019, builders constructed 5.9 million homes — far fewer than what’s needed for the 9.8 million households created during the same time period. Continue reading

The tech boom is sweeping down the plains: Zillow

Move aside, San Francisco and Seattle — Oklahoma City and Kansas City are becoming the new hotspots for tech innovation and development. Housing affordability and robust economies are creating a “Silicon Prairie” across the South and Midwest. Continue reading

Federal lenders increase loan limits to match pace of price growth

Fannie Mae, Freddie Mac and the Federal Housing Administration increased their loan limits to $510,400 and $331,760, respectively. Continue reading

Southern markets will reign supreme in 2020: Zillow

Home values in Austin, Atlanta, Charlotte and Nashville are expected to explode as buyers search for affordable housing, according to Zillow’s latest Home Price Expectations Survey. Continue reading

6 economists predict what the 2020 housing market has in store

2020’s housing market will be strikingly similar to 2019 as low mortgage rates bolster buyer demand amidst a persistent inventory shortage. Continue reading