"In the current supply-constrained housing market, any changes to the fundamentals of affordability are going to affect demand, and we saw this in the fourth quarter with interest rates peaking near 8% and helping further slow home price growth," said Doug Duncan, Fannie Mae SVP and Chief Economist.
Read More »‘Hot’ Rental Markets to Watch in 2024
As rental activity remains steady across the U.S., the Midwest was ranked the most popular region for renting this year, according to a new RentCafe report, revealing the hottest markets to keep an eye out for in 2024.
Read More »Mid-Atlantic Region Continues to Find New Highs
Home prices rose strongly in November as higher rates during the month had no effect on market activity throughout the mid-Atlantic.
Read More »Life Happens: Homeowners Finally Letting Go of Ultra-Low Rates
“I’m working with a lot of homeowners who are selling because of things like divorces, new jobs, or deaths in the family,” said David Palmer, a Redfin Premier real estate agent in Seattle.
Read More »Destination Migration: Florida Tops 2023’s List of Hotspots
"Growth in the Palm Bay-Melbourne area has been increasing at an explosive rate," stated Cal Conner, U-Haul Company of Eastern Florida President. “Add to that our fantastic year-round climate, and you can see why Palm Bay-Melbourne is such a desirable area to live."
Read More »Median Housing Payment Down From October Peak
Monthly mortgage prices have dropped by a few hundred dollars since October, reaching their lowest level in nearly a year.
Read More »Locked-in Homeowners Look to Do-It-Yourself Solutions
"Craftsman Tools set out to further explore the impact today's housing climate has on Americans, and found that many homeowners would rather roll up their sleeves to tackle home improvement projects on their current home than give up their coveted low-rate mortgages for a new home," said Doug Redpath, President of Hand Tools, Accessories, and Storage for Stanley Black & Decker.
Read More »Here to There: Insights From Latest National Movers Study
United Van Lines has released the latest iteration of their annual National Movers Study, which uses internal data based on multiple thousands of moves to determine inbound hotspots and outbound migration patterns.
Read More »Hidden Fees Adding More to American’s Plates
It’s not inflation that biting into American’s bottom lines according to a new report from doxo, who found that hidden fees in banking and bill paying are causing billions of dollars of damage annually.
Read More »Snapshot: Inbound and Outbound Domestic Migration in 2023
Southern states populations soared in 2023, accounting for much of the domestic migration in 2023 with Florida, North Carolina, and Texas being key hotspots.
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