Housing Market Hotness Index Dec 15, 2024
The U.S. housing market continues to cool due to high-interest rates and elevated home prices.
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Inventory Ups and Downs
While overall housing inventory has grown compared to recent years, it is only part of the story. Inventory levels have increased compared to last year or the year before. But, when we compare supplies to levels seen pre-Covid, then it
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Buyer Leverage Grows in Previously Hot Florida and Texas Markets
The Florida and Texas housing markets, once scorching hot, are showing signs of cooling. Rising costs, taxes, and mortgage rates are squeezing affordability, while inventory climbs back to pre-pandemic levels. Learn more
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The Future of Home Insurance
Rising home insurance costs are becoming a significant financial burden for homeowners across the United States. The increasing frequency and intensity of extreme weather events, such as hurricanes, floods, and wildfires, are driving up insurance premiums. As a result, insurance
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Why Homebuyer Interest is Shifting to the Northeast and Midwest
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 popular West and South regions, redirecting their attention to the affordability haven offered by the Northeast and Midwest.
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Housing Market Hotness Index Dec 08, 2024
The U.S. housing market continues to cool due to high-interest rates and elevated home prices.
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Home Buyers on the Fence: Low Rates, High Hesitation
Despite expectations of a surge in homebuying activity, the market has remained relatively stagnant. Several factors contribute to this muted response, including economic uncertainty, rising home prices, and the lingering lock-in effect. .
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Housing Market Hotness Index Dec 01, 2024
The U.S. housing market continues to cool due to high-interest rates and elevated home prices.
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The Housing Market Recovery That Did Not Happen
Many in the housing industry anticipated that the Fed would implement multiple rate cuts in 2024, leading to lower mortgage rates, and therefore improved affordability, and a more balanced housing market. The Fed has implemented a single rate cut so
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Is Florida’s Housing Boom Doomed? The Threat of Climate Change
Florida’s pristine beaches and warm climate are increasingly overshadowed by the devastating impacts of climate change. Hurricanes, flooding, and rising insurance costs are forcing homeowners to sell their properties and relocate. The housing market, once booming, faces an uncertain future as the state’s appeal is weighed against the growing threat of natural disasters.
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