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Promising signs abound for 2024 housing market

Housing Wire

Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market. It’s looking like we’ll end 2023 with higher housing inventory than this time last year. It’s looking like we’ll end 2023 with higher housing inventory than this time last year. housing market in 2024.

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Real estate’s strong 2023 housing market finish: Altos

Housing Wire

We have more homes going into contract each week now than we did a year ago — supply and demand are climbing together. This implies that there are more than enough buyers at these prices and these mortgage rates to keep activity happening in housing. There are now 258,000 single family homes in contract.

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Is the housing market finally turning a corner?

Housing Wire

Watch the weekly housing market recap video above to get the latest housing market data download from Altos Research. Here are some key housing market data takeaways: Inventory peaks for the year There are 567,000 single-family homes on the market, which is unchanged from last week.

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Altos: Sellers are coming back to the housing market, can buyers keep up?

Housing Wire

But home sellers are gradually easing back into this housing market. Any time inventory rises, you start to see housing crash hyperbole on social media. There were 66,000 new listings this week, of which 14,000 are already in contract. Sellers are coming back to this housing market.

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Are home sellers finally coming back to the market?

Housing Wire

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. Contracts growing We continue to see the new contracts grow each week: There were 7.7% more new contracts started this week than the same week a year ago. We had 37.6% That’s a big if.

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Real estate momentum slows as interest rates rise again: Altos

Housing Wire

For several weeks, I’ve been reporting data that shows the housing market growing in 2024. Those metrics, specifically the pace of new listings and new sales contracts, slowed this week. New listings and new contracts both still show a bit of improvement over 2023, but the growth rates have slid back down. Just 31.4%

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5 Ways to Help First-Time Homebuyers

McKissock

They help you to find homes in your budget that meet your requirements as well as help you to negotiate the best deal possible in your housing market,” the guide reads. Download for free here. These include how to choose a real estate agent and ask questions about their qualifications and continuing education. Avoid Pitfalls.