The trend can be summed up in a single word: Cozy. What had become a euphemism for small or cramped is now a sought-after design trait, evidenced by the fact that for-sale listings that mention “cozy” jumped by 35% in 2024, according to a Zillow analysis of millions of home ...
Local Market Predictions: All real estate is local and while the national trends are instructive, what matters most is what’s expected in your local market. Metro 2024 Sales Growth % y/y 2024 Price Growth % y/y Akron, OH3.2%3.2% ...
What will happen to the housing market in 2025? After dipping as low as 6.2 percent in September 2024, theaverage 30-year mortgage raterose back above 7 percent for most of early 2025. Previous predictions of lower rates in 2025 appear to be shifting, with experts now predicting rates will...
Rossi anticipates the first quarter will trend toward a more typical housing market, but still fall short of a balanced one. “While affordability remains a major concern for the market, the economy is poised to continue to perform well, translating into strong demand for housing,” he says. ...
So far in 2024, foreclosures are slightly down—a trend that should continue in 2025. There were 87,108 foreclosures in the third quarter of 2024, which represented a 13% year-over-year decline.8 Here’s what that means for homeowners and home buyers: Homeowners: Since the market isn’...
Looking at the Case-Shiller index data from recent years, Chicago’s market has seen moderate, steady growth. For instance, after a dip during the early stages of the COVID-19 pandemic, prices rebounded in 2021 and 2022, following the national trend. The Case-Shiller index for Chicago typi...
Bellevue Real Estate Market: Predictions With a strong job market, improving consumer sentiment and rising builder confidence, the Seattle and Bellevue housing markets are standing strong and stable. When you throw in the area’s ultra-low inventory – not to mention the decline...
If the Fed continues with its trend ofsmaller rate increases, “the market may have already factored in its peak, as rates are already beginning to move down,” points outRobert Maddox, partner and chair of the Banking & Financial Services Practice Group with Bradley Arant Boult & Cummings ...
House prices continue downward trend 0:02 AM, 24th September 2024|0 Generation Rent blames landlords for soaring rent prices ... 0:03 AM, 19th September 2024|43 Record number of rental homes hit the market amid upcomin... 0:01 AM, 5th September 2024|1 ...
“If rates drop significantly or show a consistent downward trend, we could see a strong spring market with notable price increases as more buyers enter the market,” Madden says. “However, if rates remain steady, the market will likely continue to be driven by demand in our growing area....