Blog: Top News in the Real Estate Market
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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.
Real Estate Rundown April 2021
April 13, 2021
The housing market is ever-evolving as the U.S. slowly unshutters its doors with the rollout of the vaccine. Some trends have stayed the same since we reported last month, but some have changed. Dive in to see the latest trends and updates from real estate experts.
Real Estate Rundown March 2021
March 10, 2021
As we encroach upon the first year anniversary of the World Health Organization declaring Coronavirus a pandemic, we reflect on how COVID-19 has impacted the real estate and housing markets and how it will affect these markets in the future.
Real Estate Rundown February 2021
February 10, 2021
Check out our latest real estate rundown for trends and an outlook for the 2021 mortgage industry, how Biden's new policies could give a boost for homebuyers and builders, and the stats on how many offers were made sight unseen in 2020.