What are the most likely real estate trends in 2023? Read on to find out what experts predict and how the housing market may look in the new year.
California’s rents climb through the roof. On average, the rent might climb by 10%. Real estate experts see inflation as the main contributing factor.
Fannie Mae’s index of consumer confidence is as low as 62.8 - down 13 points in just a year, and was only lower in 2011. Read more about it.
Discover Recession-Resilient and Vulnerable US Housing Markets. Get Insights into Stability and Potential Price Trends
What came after the Fed’s half-point rate decrease? Why people are more opened to show interest in buying, but are still afraid to make an offer.
American trailer parks are the last line of really affordable housing, but big-time investors are making it hard for residents with new rent increases.
Real estate market is cooling down. Prices of building materials are still high, and homebuilders are pessimistic. What is the state of real estate today?
Around 60,000 purchase contracts fell through in June, which is around 15% of all homes that went under contract. Read this article to find out why.
People from big coastal cities are moving to more affordable areas but bringing high prices with them. Homebuyers are moving to Miami and Tampa the most.
Discover why the Bay Area, led by San Francisco, has the highest average rent in the country but the slowest post-pandemic price recovery.
Recent Housing Market Trends: Price Declines, Reduced Demand, and Rapid Rate Records in the Last Quarter, Culminating in June.
Explore Why Second Home Buyers Often Overlook Natural Disaster Risks. Read On to Find Out Why.
Recently, real estate agents have begun publicly advising buyers against one of the most threatening consequences of this market - waiving contingencies.
State to Issue California Dream for All Program, to fund low-earning first-time buyers’ down payment. Annual budget for this program is about $1 billion.
California is facing an affordability crisis. Direct government funding is aimed at building and renovating housing units, but it is getting unsustainable.
With the average mortgage rate above 5.8%, certain buyers have lost $120,000 of spending power, some even more.
Real Estate Experts Express Confidence in the US Economy's Health. Compelling Arguments Arise When Contrasting the 2007 and 2022 Markets.
Senate Bill 9, also known as the California “HOME” Act is a part of the initiative against the housing crisis in this state, but faces opposition.
The drop in the luxury housing market can be explained by the rising rates, higher taxes, and overall economic uncertainty.
The HUD is planning to fight the historically large shortage of housing supply by implementing the Our Way Home initiative in local communities.