Editors PickLocal Markets
Why Homebuyer Interest is Shifting to the Northeast and Midwest
Editors PickHousing Market
Housing Market Hotness Index
EconomyEditors Pick
Does February 2024’s Unemployment Report Suggest a Weakening Labor Market?
Editors PickHousing Market
Mortgage Rates and Demographics are Shaping the Current Housing Market
Editors PickHousing Market
Dive into 2024 with Key Housing Market Metrics
Housing Market
Housing Market Hotness Index March 17, 2024
Veros' Economic Team
The housing market is trending warmer, with the index value increasing modestly over the previous week’s reading.
The Shortage in Housing Was Going to Happen Anyway – Covid and The Fed Made It Worse
Eric Fox
Total housing inventory in the U.S. has averaged between 2 and 3 million units over the past 40 years with ...
Investors Turn Attention to Low-Priced Housing Opportunities
Veros' Economic Team
In a landscape characterized by constrained housing supply and diminished affordability, prospective first-time homebuyers find themselves navigating heightened competition with investors for the limited pool ...
Economy
Inflation, Mortgage Rates, and the Lock-in Effect
Veros' Economic Team
After the December 2023 meeting, many investors and analysts had predicted six rate cuts and rapidly declining mortgage rates that would not only ease supply ...
January 2024 Inflation Rate of 3.1% Exceeds Predictions
Veros' Economic Team
The all items CPI increased 3.1% in January 2024 from a year ago. While this reading was higher than expected, it was lower than the ...
January 2024 Unemployment Remains at 3.7% Despite Several Layoff Announcements
Veros' Economic Team
In January 2024, the U.S. unemployment rate remained at 3.7%, maintaining its level from the previous month, despite the backdrop of additional layoff announcements.
Local Markets
Why Homebuyer Interest is Shifting to the Northeast and Midwest
Veros' Economic Team
In the dynamic landscape of the real estate market, the patterns of homebuyer interest are undergoing a transformation. Buyers are veering away from the traditionally ...
Cape Coral – Fort Myers Housing Market After Hurricane Ian
Veros' Economic Team
Hurricane Ian, a Category 4 storm, struck in September 2022, causing extensive damage to over 30,000 homes in the Fort Myers area. As a result, ...
Technology
Modern Technology for Eco-Friendly Living
Veros' Economic Team
Home buyers are seeking homes that could potentially reduce their carbon footprints according to a study by the National Association of Realtors. According to this ...
Unlocking the Potential of AI: From Sci-Fi to Reality
Veros' Economic Team
In the housing sector, AI is transforming the industry in numerous ways, from streamlining the search for your dream home to predicting market trends and ...
Technology Can Help Provide Accurate and Fair Home Valuations
Veros' Economic Team
As with any new technology, there are also potential risks associated with its use in the housing industry. For example, there is a risk that ...
Market Forecasts
VeroFORECAST Quarterly U.S. Housing Market Outlook Q4 2023-Q4 2024
Veros' Economic Team
Per the Q4 2024 Veros Real Estate Solutions (Veros®) VeroFORECAST, the 2023 housing market challenges are expected to persist into 2024, characterized by low supply ...
VeroFORECAST Quarterly U.S. Housing Market Outlook Q3 2023-Q3 2024
Veros' Economic Team
Veros Real Estate Solutions' (Veros®) Q3 2023 VeroFORECAST projects a 2.2% average increase in home prices over the next 12 months, indicating a steady market. ...
VeroFORECAST Quarterly U.S. Housing Market Outlook Q2 2023-Q2 2024
Veros' Economic Team
Veros Real Estate Solutions' (Veros®) Q2 2023 VeroFORECAST reveals a strengthening housing market with an anticipated 1.7% average increase in home prices over the next ...