Blog: Top News in the Real Estate Market


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Real Estate Rundown August 2023

August 01, 2023

As we enter the late Summer months of 2023, the US housing market experienced a 3% uptick in home prices despite a lack of demand. Existing home sales declined by 23%, with forecasts predicting a gradual recovery. The Federal Reserve’s positive economic outlook provides hope for sustained market stabi...

Real Estate Rundown July 2023

July 01, 2023

Mortgage rates continue to fluctuate and housing affordability concerns persist, but the below-median income homeownership rate shows a significant surge, highlighting the resilience of homeowners overcoming the constraints of the current housing market.

Real Estate Rundown June 2023

June 01, 2023

This rise in rates has implications for both prospective homebuyers and sellers. Higher mortgage rates can make homes less affordable, potentially dampening demand and slowing down the pace of home sales. Even with this slow start people are still in the market and many are still paying over the askin...

Real Estate Rundown May 2023

May 01, 2023

The real estate market is in constant influx, and currently, one of the key factors affecting the market is the fluctuation of mortgage rates. While rates have recently risen to 6.39%, experts predict that they could drop below 6% in the coming months, potentially reaching a more favorable condition f...

Real Estate Rundown | April 2023

April 01, 2023

The extreme winter weather has impacted the seasonality of the real estate market in the United States, but experts are predicting that this frigid winter will encourage a more active spring market. While mortgage rates have lowered in recent months, they are still over 2% higher than last year, and f...

Real Estate Rundown March 2023

March 01, 2023

Homebuyer burnout is a real issue in the U.S., with many buyers, sellers, and real estate agents feeling the strain of the real estate market. The Fannie Mae Home Purchasing Sentiment Index (HPSI) reflects these sentiments, with only 17% of consumers believing that it is a good time to buy. Mortgage r...

Real Estate Rundown January 2023

December 30, 2022

Happy New Year! While 2022 may be remembered as a year of housing instability, 2023 will likely become a year of return to normalcy. The NAR (National Association of Realtors) predicts 4.78 million homes to be sold in 2023, down 6.8% from 2022 (5.13 million). Mortgage rates are expected to stabilize a...

Real Estate Rundown September 2022

September 01, 2022

The real estate industry news headlines point toward what experts are coining as the “Housing Recession.” Many homebuyers are struggling to become owners due to high mortgage rates, and this struggle is compounded by experts citing that homes have not been this unaffordable since the late 80s. Finally...

Real Estate Rundown August 2022

August 04, 2022

Lots of changes have been happening to the housing market over the past month. Learn more on if the housing market could be cooling, and what potential implications come with mortgage rate changes and inflation.

Real Estate Rundown July 2022

July 01, 2022

With COVID being the center of vigorous change, businesses that rely heavily on real estate trends have been forced to make rapid changes just to survive as the virus throws off the balance of the housing market. Educating ourselves is one of the best actions we can take to make informed decisions to ...

Real Estate Rundown June 2021

June 08, 2021

Trends still point towards high demand, limited inventory, and homebuyer competition that has contributed to home prices skyrocketing. Although this bubble will certainly pop at some point, experts are still not certain when that will happen.

Real Estate Rundown May 2021

May 12, 2021

This month, experts harp on the housing market trends and how well the recovery from the pandemic is going to go, they go over a new bill that may introduce many new homebuyers to the market, and they analyze migration trends from the pandemic. 

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