More inventory. Softening prices. Stabilizing rates. Here’s what’s actually happening in the U.S. housing market this month — and what it means for buyers and sellers. +3.2%HOME SALES YOY↑ Improving −2.4%LISTING PRICES YOY↓ 7th Straight Decline +1.8%ACTIVE LISTINGS↑ Growing Supply 35%FIRST-TIME BUYERS↑ Re-entering Market ~6%30-YR MORTGAGE RATE→ Stabilizing A Market Finding Its Footing The U.S.…
Mortgage Rates & Affordability Improve Gently Home Prices: Modest Growth, But Real Gains Limited Increase in Sales & Inventory; More Balanced Market Regional & Market-Type Divergence What It’s Not — No Boom, No Crash What This Means for Different People Key Assumptions Behind This Scenario This scenario depends on a few things happening: If any of those…
As we close out the year, the U.S. housing market remains in a transitional phase. Prices, mortgage rates, inventory, and buyer behavior are all shifting — not dramatically, but enough that investors and buyers should pay attention. Key Market Signals What to Expect in December — 4 Likely Trends 1. Price Stabilization or Slight Softening…
When Alex and I first decided to step into the world of real estate years ago, we had absolutely no idea what we were doing—or who we’d meet along the way. Like most people starting out, we quickly discovered the overwhelming amount of “knowledge” out there. Some of it was solid, some of it… not…
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