Data

In addition to high demand for single-family homes, apartments and rental units within driving distance of city centers are selling at a premium.

As inflation eases and mortgage rates fell from their highest level, housing payments declined. A new Redfin report reveals an uptick in new listings, and what the drop in monthly payments could mean for homeowners and buyers in the coming year.

Through the month of October, the VA has housed more than 38,000 homeless veterans, reaching its goal two months early and prioritizing ending veteran homelessness as a top aim.

1.54 million residential mortgages were issued in the third quarter. A new report lays out the numbers, including how far the market has dropped year-over-year.

“Today’s data signal that home sales activity is likely to remain steady, at a low level, over the next few months as limited options and significant affordability challenges weigh on buyers,” said Realtor.com Senior Economic Research Analyst Hannah Jones.

A new LendingTree report revealed how consumers feel about current market conditions, the likelihood of the market crashing in 2024, and just how many are actively hoping it does.

The MBA reports that the average national median mortgage payment rose to $2,199 in October, a $143 year-over-year rise. Here are the factors that were “dissuading would-be buyers from entering the housing market.”

A new report from Redfin that tracks the migration patterns of American citizens found that Nashville is ripe for inbound migrations due to changing tastes, reasonable home prices, low property taxes, and no state income tax.

According to a new ATTOM report, homebuyers who close on this January date are offered the lowest premium above the automated valuation model. While still above market value, the average homebuyer is only paying a 3.8% premium, compared to the 14.4% premium recorded in May.

Cooling housing demand and an increase in rental home options are projected to keep home sales stable in the coming year, according to Realtor.com's 2024 Housing Forecast. As the market continues to moderate, here’s what experts predict for mortgage rates by the end of the year.