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Real Estate Rundown April 2025

April 01, 2025

The housing market showed signs of recovery in February, with contract signings rising 2%, led by a 6.2% jump in the South. While mortgage rates remain steady, uncertainty keeps markets volatile, and even minor economic data can sway rates. Forecasts suggest moderate mortgage rate declines through 202...

Real Estate Rundown March 2025

March 01, 2025

Mortgage rates have dropped to a two-month low, but mortgage demand remains weak as home prices stay high due to low inventory. Despite rising home prices, particularly in the Northeast, sluggish sales and economic uncertainty persist. Home-purchase cancellations surged in January, especially in the S...

Real Estate Rundown February 2025

February 01, 2025

The 2025 U.S. housing market will see gradual price increases, regional differences, and ongoing affordability challenges despite slightly lower mortgage rates. The Federal Reserve’s pause on rate cuts and higher tariffs may keep mortgage rates volatile and raise construction costs, limiting supply. W...

Real Estate Rundown January 2025

January 02, 2025

The housing market is poised for a rebound in 2025 with rising home sales, stabilizing mortgage rates near 6%, and growing inventory, though affordability challenges persist for first-time buyers. Meanwhile, homes linger on the market longer, especially in Florida and Texas, due to high costs and unde...

Real Estate Rundown December 2024

December 02, 2024

The 2025 housing market is expected to improve modestly, with higher home sales, more inventory, and a shift toward smaller, affordable homes. Mortgage rates remain unpredictable, though dips could spark buyer and refinancing activity. Pending home sales have risen significantly, signaling strong mome...

Real Estate Rundown November 2024

November 01, 2024

Despite high mortgage rates and election uncertainties, U.S. home sales remain unexpectedly active. Pending home sales saw annual increases in September and October, driven by a brief drop in mortgage rates. However, mortgage rates have since rebounded above 7%, which may dampen activity moving forward.

Real Estate Rundown October 2024

October 01, 2024

The U.S. housing market has shown resilience despite higher mortgage rates and declining sales, with home prices remaining relatively stable due to low inventory and steady demand. A recent Federal Reserve rate cut has boosted mortgage applications and demand, leading to an increase in new listings. A...

Real Estate Rundown September 2024

September 01, 2024

The U.S. housing market is showing signs of slowing down, as reflected in multiple indicators. Home price growth continues to stall, with the S&P CoreLogic Case-Shiller U.S. National Home Price Index rising only 0.2% in June, and annual price growth slowing to 5.4%. Pending home sales fell 5.5% in Jul...

Real Estate Rundown August 2024

August 01, 2024

In June, existing home sales fell by 5.4% to an annual rate of 3.89 million, and the total housing inventory increased by 23.4% from the previous year, though affordability challenges persisted for first-time buyers. The Federal Reserve kept interest rates unchanged at 5.25% to 5.5%, with potential ra...

Real Estate Rundown July 2024

July 01, 2024

Mortgage rates dipped to 6.86%, the lowest in three months, fostering optimism for homebuyers amid expectations of further declines through summer. Despite a 4.6% decline in pending home sales, May witnessed an uptick in listings and reduced monthly housing costs, with the average 30-year fixed mortga...

Real Estate Rundown June 2024

June 01, 2024

Based on the provided summaries, here is a very short summary of the blog Could The Market Be Balancing To A Buyer’s Market. The real estate market, currently a seller's market, is moving towards balance with increased housing supply and high mortgage rates. The market shows signs of equilibrium but s...

Real Estate Rundown 2024

May 01, 2024

Despite a slight decline in median prices, strong demand supported by favorable demographics and a robust labor market drove this increase, contrasting sharply with declining existing home sales. Factors such as looser financial conditions and builder incentives contributed to this uptick in sales. Ho...

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