2023 before rising to over 8% last fall, declined to 6.7% by the second quarter of 2024. In addition to being slightly higher than the national vacancy rate of 6.6%, if the equilibrium level for rental supply and demand is 5%, for now Kansas City remains more of a renter’...
Steven GottliebDec. 23, 2024 5 Realities of Florida Homeownership Owning a home in Florida comes with a unique set of challenges homeowners might have to face. Liz Brumer-SmithDec. 20, 2024 Should I Buy a House Now or Wait? If you want to buy a home in 2025, here's how to determi...
Home prices surged inThe Garden Statelast year as the housing market remains active. Affordability could be better, but it is not out of line with median income. However, New Jersey has the second-highest property taxes in the nation after Illinois, and a high foreclosure rate. 2024 Economy ...
As we enter 2024, the U.S. housing market continues to evolve, presenting both challenges and opportunities for buyers, sellers, and investors. This comprehensive analysis explores the current trends, forecasts, and factors shaping the real estate landsc
New Jersey Rental Market Trends Average rent in New Jersey $1,965National average rent(December 31, 2024) Month-over-month change Year-over-year change How does this data help me?The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the...
20.1%Percent of sales over list price(October 31, 2024) 58.1%Percent of sales under list price(October 31, 2024) 34Median days to pending(November 30, 2024) (Metric availability is based on market coverage and data) How does this data help me?Zillow's metrics provide valuable market data...
“In 2024, I expect we’ll see home appreciation take a step back but not plummet,” says Orphe Divounguy, senior macroeconomist at Zillow Home Loans. This outlook aligns with what other housing market watchers expect. “Comerica forecasts that national house prices will rise 2.9% ...
November 25, 2024 / in Housing Market Trends / Luke Feldbrugge Last Updated on November 25, 2024 by Luke Feldbrugge Welcome to the Housing Market Trends December 2024 monthly update from Homes for Heroes. This report focuses on the residential real estate housing market. We listen to the ...
Meet the boomers who’d rather spend $100k to renovate their homes than risk the frozen housing market: ‘It would be too hard to purchase anything else’ BYAnne D'Innocenzio and The Associated Press December 25, 2024 at 3:16 PM GMT+8 Gene and Sallie Carr pose for a pi...
By Housing Market Group | 29 Dec 2024 In the competitive world of real estate, visibility is everything. If potential buyers or renters don’t see your listings, they won’t take the next step. That’s where Housing Market Ads come in, leveraging an impressions-based advertising model to ...