Finally, some healthy housing inventory growth
Housing inventory finally hit my target level of growth last week with mortgage rates now over 7.25%, something I couldn’t get all last year. Of course, what is different this… Read more »
Category: purchase applications
Measuring the Severity of the National Housing Shortage
There is a severe housing shortage as a result of record-high home prices and rents in addition to record-low for-sale inventories and vacancies, according to a new analysis from the… Read more »
Housing demand rises as inventory falls
Housing demand is up and it’s time to track the spring housing data and see what the selling season will bring. As I always stress, we are working from the… Read more »
Homebuyers Adjusting Purchase Strategies in Search of Homeownership
Americans are purchasing multi-family properties and co-owning homes with friends and/or family, and prospective homebuyers are willing to adjust their homebuying strategies to become homeowners in 2024. This is according… Read more »
Office Space to Living Space: Conversions to Skyrocket in Major U.S. Cities
According to a new RentCafe report, over the past four years, there has been extraordinary growth in the conversion of office buildings into living spaces, with an estimated 12,100 apartments… Read more »
Housing Market Tracker: Inventory is negative YOY
Housing inventory finally broke under 2022 levels last week. To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940… Read more »