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Median Asking Rents Down in December

Median Asking Rents Down in December

by Phil Hall | Jan 25, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent for 0-2 bedroom properties in the 50 largest metros was $1,713 in December, according to new data from Realtor.com. This is down by $7 (-0.4%) from December 2022 and down $63 (-3.5%) from its July 2022 peak – although it is also $309 (22%)...
Are Housing Inventory Levels on the Rise?

Are Housing Inventory Levels on the Rise?

by Phil Hall | Jan 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half of the nation’s 50 largest metro areas record year-over-year increases with their housing inventory levels last month, according to new data from Realtor.com. During December, there was a 9.1% uptick in the number of more newly listed homes compared one...
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....
New Campaign Seeks to Raise Awareness of VA Loan Program

New Campaign Seeks to Raise Awareness of VA Loan Program

by Phil Hall | Nov 8, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new alliance of real estate, media, mortgage and veteran service organizations are collaborating on the creation of the #MissionZero campaign, which focuses on educating active-duty military personnel and veterans about the benefits of the VA loan program. Citing...
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