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Realtor.com Offers Forecast for 2024’s Top Housing Markets

Realtor.com Offers Forecast for 2024’s Top Housing Markets

by Phil Hall | Dec 4, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Realtor.com has released its list of the 2024 Top Housing Markets, with California metros among five of the top 19 rankings. According to Realtor.com, the markets poised to see the strongest combined increase in home sales and listing prices in the coming year are:...
Will 2024 Be the Year of Affordable Homeownership?

Will 2024 Be the Year of Affordable Homeownership?

by Phil Hall | Nov 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Next year could see a new wave of homeowner affordability, according to the 2024 Housing Forecast released by Realtor.com. Realtor.com is forecasting average mortgage rates of 6.8% in 2024, with rates edging down over the year to reach 6.5% by the end of the year....

Median Rent Prices Decline for Fifth Straight Month

by Phil Hall | Oct 23, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median asking rents in the 50 largest metros dropped 0.7% year-over-year last month to $1,747, according to new data from Realtor.com. September marked the fifth consecutive month of rent price declines. The median rent on a studio unit was $1,447 in September, while...
Homebuyers Increasingly Tap Into the Bank of Mom and Dad

Homebuyers Increasingly Tap Into the Bank of Mom and Dad

by Phil Hall | Oct 10, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Today’s homebuyers are receiving more than a little help from their families in their pursuit of the American Dream of homeownership. A new survey of 2,000 adults by LendingTree (NASDASQ:TREE) found nearly two in five homeowners (39%) have received down payment...

Rent Prices Continue Downward Trend

by Phil Hall | Aug 21, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

July represented the third consecutive month of year-over-year declines in rental housing prices, according to data from Realtor.com. While the median asking rent in the 50 largest metros increased $15 to $1,759 from June to July, it nonetheless remains down $18 from...
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