Home Prices

Sun Belt holds long-term housing edge even as pandemic boomtowns struggle

The U.S. housing market is telling two very different stories as pandemic-era boomtowns are cooling rapidly while the Sun Belt’s long-term growth outlook remains strong, according to John Burns Research & Consulting. A surge in available homes is reshaping the market in regions that saw the fastest growth during the COVID-19 pandemic. Nationally, the number […]

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Potential homebuyers are waiting for prices to fall

Prospective homebuyers are holding off on purchases, waiting for lower prices and mortgage rates despite the rising costs of homeownership, according to the 2025 Bank of America Homebuyer Insights Report. Further analysis of the report, conducted by the Bank of America Institute, shows that three in four respondents expect home prices and interest rates to

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DOGE effect? Housing inventory in DC is rising faster than the rest of the country

Agent Janice Pouch had a listing go up in February for a single-family house in a desirable part of Washington, D.C., where homes typically don’t last long.  She had no reason to think that wouldn’t be the case this time either, especially after a packed open house during its first weekend on the market. Instead,

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The Secret To Selling Your House in Today’s Market

The Secret To Selling Your House in Today’s Market

A few years ago, homes were flying off the shelves and getting multiple offers well over their asking price. It felt like you could name your price and still have buyers lined up at the door. But today’s housing market is different. Buyers are getting more selective now that inventory has grown. Homes are sitting

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The rise in home prices slowed in March as buyers pulled back

Home-price gains in the US slowed in March as listings climbed without a corresponding uptick in buyer demand. A national gauge of prices was up 3.4% from a year earlier, according to data from S&P CoreLogic Case-Shiller. That was smaller than the 4% annual increase in February. READ MORE: Mortgage rates keep rising, influenced by

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Buyers shrug off economic uncertainty as new-home sales rise

New-home sales continue to be a bright spot in a housing market that’s struggling with high mortgage rates and other economic headwinds. According to a report from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), new homes in April sold at seasonally adjusted annual rate of 743,000, which is a

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How student loan debt is changing the housing market

As student debt levels keep rising, a new study spotlights the extent to which they are changing homeownership demographics and hampering financial opportunities for younger generations.  Every $1,000 in student debt decreases the likelihood of homeownership by 1.8%, according to analysis conducted by commercial collection agency The Kaplan Group. Researchers looked through data between 2007

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With more inventory, where are home prices headed?

Last year, I predicted a national home-price increase of 2.33%. While that forecast was lower than most others, it seemed achievable due to higher mortgage rates and increased inventory. I was wrong and too low for 2024. This year, my prediction is even lower at 1.77% national home-price growth. So far this year, the existing home

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Home prices expected to dip as supply and demand collide

U.S. home prices are projected to flatten in the third quarter and decline 1% year over year by the fourth quarter of 2025, according to a new report from Redfin. The company also expects mortgage rates to remain elevated near 7% through the end of the year. This marks a sharp reversal from more than

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Where land-use regulations are driving up housing costs

President Donald Trump has made deregulation a policy pillar for his second term — and housing regulations are up for review. Homebuilders say that federal rules have driven up the cost of building a home. Many mortgage professionals want to release Fannie Mae and Freddie Mac from conservatorship. And there were no shortage of complaints

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