During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will “stabilize” in 2023, setting the stage for an increase in home sales. Continue reading
House purchases are expected to plummet further in the closing months of the year, and the recovery may not pick up speed until 2024, according to a new forecast from the investment bank. Continue reading
Homeowners, long resistant to new apartments in their neighborhoods, are increasingly open to other ways of adding housing units, according to a new survey by Zillow. Continue reading
California Association of Realtors blames lack of supply for “terrible consequences” on quality of life for potential buyers. Continue reading
The share of people working from home full- or part-time could double permanently, impacting homebuyer demand and land use, according to a new report from The Counselors of Real Estate. Continue reading
During a speech kicking off Inman Connect, Inman said that the industry has evolved quickly during difficult times, but needs bold leadership to overcome challenges that are holding up supply Continue reading
In a first, more people thought April was a bad time to buy a home than a good time, according to Fannie Mae’s latest survey of home purchase sentiment. Continue reading
Home prices continue to surge, hitting double digit increases for the third consecutive month, according to the latest Case-Shiller report. Continue reading
Shortage of new homes is pushing up housing prices and threatening to slow down the entire economy, according to a report by Freddie Mac’s chief economist. Continue reading
Sam Khater, chief economist at Freddie Mac, believes we’re starting to see American metros becoming more like European cities, where low- and middle-income individuals live in the suburbs, rather than dense urban cores. Continue reading