This is helpful news, and will hopefully influence mortgage rates enough to drop them over the coming months, considering mortgage interest rates have trended upward since the half-point drop implemented by the Fed in September. Freddie Mac’s Primary Mortgage Market Survey line graph above shows...
Pending salesexperienced a moderate rise of7.4%in April 2024, totaling 1,005 transactions compared to 936 in the same month of 2023. Year-to-date, pending sales have seen a slight uptick of0.9%, reaching 3,354.Closed salesalso followed a positive trend with an increase of3.3%in April, an...
What’s in store for the rest of 2024? Trend-watchers are turning to the final Fed gathering of the year. “Interest rates for home equity lines of credit (HELOCs) are projected to fall next week as the Federal Reserve is expected to cut the fed funds rate by 25 basis points at its...
This trend is expected to sustain robust demand for rental properties. Consequently, we anticipate that rental markets favored by young adults, a list which includes a mix of affordable areas and tech-heavy job markets in the South, Midwest, and West, will be rental markets to watch in 2024...
This correction is bringing relief to potential buyers who were previously priced out of the market. Mortgage rates, which reached multi-year highs in 2023, are beginning to ease. This trend is expected to continue into 2024, potentially reinvigorating buyer demand. The Federal Reserve’s ...
What’s in store for the rest of 2024? Trend-watchers are turning to the final Fed gathering of the year. “Interest rates for home equity lines of credit (HELOCs) are projected to fall next week as the Federal Reserve is expected to cut the fed funds rate by 25 basis points at its...
Created with Highcharts 8.2.2Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 20240 days25 days50 days75 days100 days End of interactive chart. On average, homes inAustin, TXsell after81dayson the market.The trend for median days on market inAustin, TXhas gone upsince last month, andslightly...
Home Buying How to Buy a House in 2024 17 min read Thinking about selling or buying a house in 2023? Current real estate market trends are pointing to a (hopefully) more mellow year, so here’s what you need to know. Rachel Cruze...
gradually tilting away from single-family homes, but that trend reversed itself in 2024. Through the first half of the year, the split in permits between the two housing sectors hovered closer to the 50/50 level, as an abundance of new apartments had yet to be absorbed into th...
October 24, 2024Real Estate Opinion: Want to help solve Canada's housing crisis? Move The latest StatCan data reveal Canadians are leaving the priciest cities and moving to rural areas, reversing the traditional trend with Video59 Comments ...