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NAR Predicts Stable Prices in 2023

January 5, 2023 by cara Leave a Comment

4.78 million existing homes will be sold, prices will remain stable and Atlanta will be the top market to watch in 2023 and beyond. All this according to forecasts by the National Association of Realtors. NAR’s Lawrence Yun, the National Association of Realtors chief economist and senior vice president of research, unveiled the predictions at… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: charlotte real estate, housing market, Market Report

Mortgage Rates See Largest Drop Since 2008

July 10, 2022 by cara Leave a Comment

For the week ending July 7, the 30-year fixed-rate mortgage averaged 5.3% according to data released by Freddie Mac. That is down from 5.7% the week before. Even with the 40 basis points drop, it’s still significantly higher than the 2.9% rate from this time last year. At the start of the new year, rates… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: housing market, market conditions, Market Report, Market Trends, real estate market

Homeownership by Age 30 Dwindling by Generation

July 8, 2022 by cara Leave a Comment

While generational differences are evolving and having a big impact on homeownership and insurance usage in the U.S., millennials and the youngest of Gen X are experiencing noteworthy delays in owning a home due to the Great Recession, according to a new study by TransUnion’s annual insurance summit. In addition to the delays in homeownership,… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: housing market, market conditions, Market Report, real estate market, real estate trends

U.S. Housing Market Most Affordable Major Country

May 5, 2022 by cara Leave a Comment

A new study from the Urban Reform Institute and the Frontier Centre for Public Policy finds the U.S. as the most affordable country in the world. The housing markets of Australia, Canada, Hong Kong, Ireland, Singapore, and the U.K. were also ranked. The Demographia International Housing Affordability report found that the least affordable market is… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: housing market, market conditions, Market Report, real estate market

What to expect in 2022’s spring market

March 8, 2022 by cara Leave a Comment

The agreement of much of the real estate industry was that the spring housing market, which happens to be the industry’s peak season, would be less frenzied this year. At least that was the thought when ushering in 2022. The consensus was that it couldn’t get much worse than spring of 2021 when over 70%… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: buying, market conditions, Market Report, selling

New Survey Suggests Real Estate Craze Was Not as Intense as Indicated

December 12, 2021 by cara Leave a Comment

Anecdotal evidence that the late-2020-into-early-2021 real estate market was hot but new data from Zillow’s Consumer Housing Trends Report debunks a common misconception that all buyers experienced a grim reality when it came to home buying. The record-setting housing market that begin several months after the onset of the covid-19 pandemic brought reports of frustrated… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: buying, market conditions, Market Report, Market Trends, real estate market, selling

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