https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/
The latest data shows inventory rising 9% month-over-month, logging 1.21 million unsold homes at the end of March. Still, only 3.5 months of inventory remain at the current sales pace. Most

https://realestate.usnews.com/real-estate/housing-market-index/articles/housing-market-predictions-for-the-next-5-years
Here is a summary for year-end 2023 and some predictions for the housing market between 2024 and 2028. Although a recession is no longer forecasted, economic growth is expected to decline sharply from the robust rate of 4.8% in the third quarter of 2023. However, should the country enter a recession, these predictions would change accordingly.

https://www.zillow.com/research/2024-housing-predictions-33447/
Zillow Research • Nov 30 2023. In 2024, Zillow economists predict home buyers will have more options and a bit more affordability breathing room — but only a bit — after the inventory crunch and mortgage rates rising to 20-year highs were this year's headline news items. Buying a home will remain expensive, keeping pressure on the

https://www.forbes.com/advisor/mortgages/real-estate/will-housing-market-crash/
Borrowers saw their equity slip by 1.7% in Q2 2023 compared to the year before with an average decline of $8,700 between Q1 and Q2, according to a recent CoreLogic report. Nonetheless, home equity

https://www.businessinsider.com/personal-finance/housing-market-predictions-2024?op=1
The MBA believes 30-year fixed rates could reach 6.5% by the end of 2024. NAR predicts rates will peak this quarter at 7.1% and drop to 6.5% in the last quarter of the year. Whether mortgage rates

https://www.realtor.com/research/2024-national-housing-forecast/
In 2023 we expect that for the year as a whole, the monthly cost of financing the typical for-sale home will average more than $2,240, a nearly 20% increase over the mortgage payment in 2022, and

https://www.redfin.com/news/housing-market-predictions-2024/
An industry that has been mostly impervious to change is now changing quickly, a trend that will accelerate in 2024. For the first time in Redfin's near-20-year history, our agents reported widespread discounting among our competitors in 2023, if not in the fee publicly offered to the buyers' agent, then in commission refunds or in private

https://www.zillow.com/learn/housing-market-predictions-2024/
8. Artificial intelligence will enhance home search and financing. Expect artificial intelligence to open new experiences for home buyers and sellers and their agents. "Artificial Intelligence is already making the home buying and selling process easier through automation, personalization, and self-service,'' says Josh Weisberg, Zillow

https://www.cnbc.com/2024/06/10/heres-what-to-expect-from-the-housing-market-in-the-second-half-of-2024.html
About 90% of metro markets posted home price gains in 2024, according to NAR data. While price points may be softening in some local markets, the "vast majority of markets are seeing home price

https://realestate.usnews.com/real-estate/housing-market-index/articles/2024-housing-market-predictions
Whether it was a soaring stock market defying constant expectations of doom, a job market refusing to quit despite higher interest rates from the Fed or a housing market largely frozen in place due to steep mortgage rates, 2023 was full of surprises.In 2024, we'll find out if the housing market can enjoy the same type of soft landing seemingly engineered by the Federal Reserve for the U.S

https://www.morganstanley.com/Themes/housing-market-trends
Navigating Real Estate & Homeownership in 2024. Mortgage rates are forecast to drop in 2024, but affordability likely won't return to pre-pandemic levels. Here's what that means for buyers, sellers, investors and policymakers. Your home may be, in some ways, your most complicated financial asset.

https://www.homelight.com/blog/how-is-the-housing-market-right-now/
Projections for home sales growth are moderate, with an expected increase of only 12.1% to 13.5% over the historically low total of 2023. BrightMLS points out that its forecast of 4.6 million home sales for 2024 is "still below the number of home sales in a typical year.".

https://homebuyinginstitute.com/mortgage/us-housing-market-forecast/
In July, Zillow also offered a U.S. housing market forecast relating to home prices. They reported that prices were up by 1.2% for the past year, and predicted they would rise by around 6.3% over the next 12 months. Specifically, this forecast covers the 12-month period from June 2023 to June 2024. 2.

https://www.bankrate.com/real-estate/housing-trends/
As we entered 2024, there was ample hope that the average 30-year fixed mortgage rate could fall below 6 percent by the end of the year. However, based on recent trends, we might not see that

https://www.huduser.gov/portal/sites/default/files/pdf/Housing-Market-Indicators-Report-May-2024.pdf
Mortgage rates climbed again, peaking at. 7.79 percent in October 2023, as indications of economic strength put upward pressure on rates, but descended to 6.60 percent in January 2024 with the slowing of inflation. Mortgage rates rose at the end of May with concerns about inflation and lowering expectations of interest rate cuts.

https://finance.yahoo.com/news/housing-market-2024-2-highlights-163928765.html
"The housing market has been a tough place for buyers over the last few years, and in 2024 we expect to see some improvement," said Realtor.com chief economist Danielle Hale. Highlights for

https://www.npr.org/2024/06/22/nx-s1-5015076/home-prices-housing-record-high-mortgage-rates-interest-rates
Here are 4 things to know The housing market continues to be impacted by high mortgage rates. That's reducing the supply of available housing, sending home prices to an all-time high.

https://www.realtor.com/research/may-2024-data/
Jun 04, 2024. Danielle Hale. Sabrina Speianu. The number of homes actively for sale was notably higher compared with last year, growing by 35.2%, a seventh straight month of growth. The total

https://www.realtor.com/research/april-2024-data/
The South has been largely driving the increase in availability of homes in the $200,000 to $350,000 price range, and the increase in availability of homes overall. Home listings located in the

https://www.msn.com/en-us/money/realestate/5-housing-trends-to-watch-in-2024/ar-AA1mMftq
Now that 2024 has arrived, many are hoping for a better housing market. Last year saw record-low home sales, one […] The post 5 Housing Trends to Watch in 2024 appeared first on ReadWrite.

https://www.nytimes.com/2024/06/20/business/economy/housing-market-explained.html
The rapid rise in interest rates pushed down demand for housing, by making it more expensive to borrow. But it also led to a big drop in supply: Many owners are holding onto their homes longer

https://fortune.com/2024/06/26/housing-market-surplus-affordability-real-estate/
McMansions from the real estate bubble mean the housing market has more than enough homes for people. ... and we are still here in 2024 trying to absorb that massive overbuild in housing

https://www.zillow.com/research/may-2024-market-report-34136/
May 2024 Market Report Home values. The value of a typical home in the U.S. is $360,310. The typical monthly mortgage payment, assuming 20% down, is $1,931. ... REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS

https://www.youtube.com/watch?v=1bel7eF7EII
Grab the "2024 State of Real Estate Investing Report" for FREE here: https://biggerpockets.com/sorei24 The 2024 housing market will be different, and old rea

https://www.noradarealestate.com/blog/housing-market-insights-and-home-price-predictions-june-2024/
Current Housing Market Trends. As of April 2024, home prices nationwide, inclusive of distressed sales, witnessed a notable year-over-year increase of 5.3% compared to April 2023. Moreover, on a month-over-month basis, home prices surged by 1.1% from March 2024. It's essential to recognize that revisions with public records data are standard

https://www.freddiemac.com/research/forecast/20240620-economic-growth-in-line-historical-averages
U.S. housing and mortgage market: After benefitting from stable mortgage rates in the first couple of months of the year, the housing market experienced a slowdown in April due to a rebound in rates.Total (existing + new) home sales for April fell 2.3% from March and were down 2.7% from a year ago. Existing homes sold at an annual rate of 4.14 million in April, down 1.9% month-over-month and

https://www.cnn.com/2024/06/27/economy/housing-market-prices-inflation/index.html
And housing starts have still not recovered from the bursting of the housing bubble in the mid-2000s. Divide between haves and have-nots The forecast for a "stuck" housing market cuts both ways.

https://www.forbes.com/sites/greatspeculations/2024/06/28/how-will-pultegroup--homebuilder-stocks-navigate-a-softening-housing-market/
Although Spring is typically the busiest season of the year for the U.S. housing market, things were mixed for May. Sales of new single‐family homes came in at a seasonally adjusted annual rate

https://finance.yahoo.com/news/housing-market-could-look-donald-190015799.html
Don't Miss: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."This high-yield real estate fund, offering an 8% yield, makes earning

https://www.realtor.com/research/video-economic-and-housing-market-update-june-2024/
Meanwhile, the labor market has been mixed. After slower job growth in April , hiring picked up in May , but unemployment trended higher, reaching 4% for the first time since January 2022.