How 2023's Housing Market Conditions Are Affecting the 2024 Market
Last year ended on an optimistic note, but persistent headwinds still exist to keep 2024 from getting the housing market back to pre-pandemic levels
Mortgage Applications Increase Week-Over-Week, but Rates Remain a Challenge for Buyers
Data from the Mortgage Bankers Association show slight signs of optimism in national housing market
Housing Affordability Becomes Debate Topic in 2024 Presidential Election
Presidential candidates are tackling affordability issues as home price-to-income ratio reaches record high
Mortgage Rate Declines Could Boost Home Sales Following Months of Low Activity
Encouraging economic news bumped mortgage applications up by 2.6% for the week ending May 3
Gen Z Feels Weight of US Debt Burden While Trying to Enter Housing Market
Current US debt has surpassed levels reached in the aftermath of World War II, with Gen Z bearing the brunt
Residential Building Wages Rise Again in March
Wage growth for residential building workers continued during March, but at a slower pace than during the previous month
Affordability
What Will It Take to Normalize the Housing Market?
A combination of factors have created an affordability crisis one market expert says will be difficult to resolve
Market Data + Trends
Experts Divided: Is the Housing Market Overvalued?
Some experts say the U.S. housing market is overvalued, despite mortgage rates nearing 8%. But don't expect home prices to drop anytime soon
Market Data + Trends
Homebuyer Preferences Shift Amid Economic Changes
Buyer demand remains strong despite market headwinds, according to new data from the National Association of Realtors
Economics
How High Interest Rates Are Affecting the Construction Labor Market
Tightening financial conditions created a series of labor market challenges in August 2023
Economics
Household Real Estate Value Is on the Rise After Consecutive Quarterly Decreases
The total market value of U.S. households’ real estate assets rose in Q2 2023 after three consecutive quarterly declines
Financials
How Will the Return of Student Loan Payments Affect Housing Affordability?
The end of a three-year student loan moratorium has borrowers taking a closer look at their monthly budgets, especially amid higher housing costs
Market Data + Trends
Zillow Releases Bullish Home Price Forecast
While other firms expect home prices to fall in the year ahead, Zillow predicts steady gains through July 2024
Market Data + Trends
2023 Isn't Turning Out to Be Nearly as Tough as Home Builders Expected
So far, the first six months of 2023 have far exceeded home builders’ expectations
Economics
How a Mild Recession Could Actually Help the Housing Market
A housing recession may not be as scary as it sounds, especially after years of unprecedented growth leading to a supply/demand imbalance
Financials
Will the End of the Student Loan Moratorium Affect Housing?
With student loan payments set to resume in October, many Americans are reassessing their finances
