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Even with falling rates, the housing market is shaping up to be bad in Q4

Housing Wire

“More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher,” National Association of Realtors Chief Economist Lawrence Yun said in a statement. The impact is greater in expensive areas of the country and in markets that witnessed significant home price gains in recent years.”.

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A closer look at housing markets across the country

Housing Wire

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Still, Augusta home prices are not immune to national trends.

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Millennials on the Move: Top 10 Hottest Housing Markets Backed by Data and Desirability

Eppraisal

Here are the top ten hottest housing markets that millennials are flocking to, backed by compelling statistics that underscore their appeal. The city's median home value surged by 18.4% The city's median home value surged by 18.4% The city's job market expanded by 2.4% Census Bureau.

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February pending home sales disappoint, but maybe we’re turning a corner?

Housing Wire

Pending home sales rose for the third month in a row in February, but at 0.8%, the uptick over January was less than is typically seen in the run-up to the spring housing market. regions, but declined in the West, according to the National Association of Realtors. Pending home sales rose 0.4% from February 2022.

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Easy Ways to Increase Your Home's Value

Eppraisal

That applies to your home's exterior. A new doormat, potted plants or stylish house numbers can make visitors feel at home. Over 90% of realtors suggest improving curb appeal before listing, so get your hands dirty with some landscaping, slap a fresh coat of paint on that front door and give your mailbox a makeover.

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Rate buydowns are the cat’s meow in today’s market

Housing Wire

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. You can see that’s a really big impact for that first-time buyer, giving them the ability to kind of ease into that payment.”

Marketing 404
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Exactly what’s going on in today’s housing market, explained by 4 trends

Cornerstone

Now that we’ve reached the second half of 2021, it’s apparent: Today’s housing market is breaking records. Here’s a closer look at which four factors are creating this never-before-seen market. The 4 reasons that today’s housing market is unlike any other. Bidding wars and high buyer competition.