Tag Archives: Housing Market

Home sales see typical boost in May to close a sluggish spring

By | | Uncategorized
Comments Off on Home sales see typical boost in May to close a sluggish spring

The National Association of Realtors recorded 408,000 sales of existing homes in May. Before the pandemic, that number was closer to 530,000. Continue reading →

The inventory recovery suffered a setback. Is it just temporary?

By | | Uncategorized
Comments Off on The inventory recovery suffered a setback. Is it just temporary?

The housing downturn was supposed to bring the market back into balance between buyers and sellers. But recent inventory gains have stalled. Continue reading →

Here are 5 reasons we won’t see a housing market crash this year

By | | Uncategorized
Comments Off on Here are 5 reasons we won’t see a housing market crash this year

According to Splitero CEO Michael Gifford, we’re still in an affordability crisis and unlikely to see a complete housing market tumble in 2023. Continue reading →

‘Big Short’ investor warns of growing threat to home values

By | | Uncategorized
Comments Off on ‘Big Short’ investor warns of growing threat to home values

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. An investor who correctly predicted the 2008 f… Continue reading →

Home sales will be ‘subdued’ for rest of 2023, Fannie Mae projects

By | | Uncategorized
Comments Off on Home sales will be ‘subdued’ for rest of 2023, Fannie Mae projects

The housing sector’s resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie’s latest monthly forecast. Continue reading →

Steady home-price growth to resume in 2024, experts predict

By | | Uncategorized
Comments Off on Steady home-price growth to resume in 2024, experts predict

Price growth will pick back up in 2024 and hit a rate of 3.5 percent annual growth every year through 2027, according to a panel of housing experts surveyed by Zillow and Pulsenomics. Continue reading →

As locals balk, foreign buyers take renewed look at US homes

By | | Uncategorized
Comments Off on As locals balk, foreign buyers take renewed look at US homes

Real estate firms that work with foreign buyers have seen an uptick in business from outside the U.S., “The Wall Street Journal” reports. Continue reading →

How fiscal prudence in good times can avert a hit to morale later

By | | Uncategorized
Comments Off on How fiscal prudence in good times can avert a hit to morale later

When the market emerges from this down period, savvy broker-owners will remain judicious with expenses, three top executives said at Inman Connect New York on Wednesday. Continue reading →

‘The gate is beginning to open’: Big inflation drop may aid homebuyers

By | | Uncategorized
Comments Off on ‘The gate is beginning to open’: Big inflation drop may aid homebuyers

The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers’ budgets — and their financing, according to new data from the U.S. Bureau of Labor Statistics. Continue reading →

‘Bet on the Midwest’: Zillow’s 2023 housing market predictions

By | | Uncategorized
Comments Off on ‘Bet on the Midwest’: Zillow’s 2023 housing market predictions

The listings giant predicts a surge of interest in Midwest markets and a new crop of first-time landlords among other items. Continue reading →