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Housing market data positive despite Powell’s Grinch act

Housing Wire

Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. Weekly pending sales The latest weekly pending contract data from Altos Research offers an exciting glimpse into the real-time dynamics of housing demand.

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The two big housing market trends to watch in 2025

Housing Wire

All the housing market data for 2024 is in, and its fair to say that the housing market surprised us again! However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. The elephant in the room is affordability.

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Will the 2025 housing market crash like 2008?

Housing Wire

housing market is flashing warning signs reminiscent of 2008: rising household debt burdens, persistent inflation and home prices that are outpacing incomes. 2025 housing market risks: Echoes of 2008 Several economic indicators signal increasing risks in the 2025 housing market. The 2025 U.S.

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Agents say Cape Coral’s housing market is correcting, not crashing

Housing Wire

Headlines that call Cape Coral, Florida , the “worst housing market in America” and liken it to precursors of the 2008 financial crisis have garnered discussions across the real estate industry. That surge made the area one of the fastest-appreciating housing markets in the country.

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The five housing markets where homeownership is still affordable

Housing Wire

Soaring home prices, limited inventory and elevated mortgage rates have exacerbated the housing affordability crisis in many housing markets when viewed in the context of household incomes, which have remained generally stagnant. The same study shows where housing is the most affordable.

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Strong Housing Market Impacting Zombie Foreclosures Nationwide 

Appraisal Buzz

Despite their potential to draw in vandalism and spread community blight, zombie foreclosures continue to have little to no effect on the majority of local housing markets. That phenomena is still one of the many long-lasting consequences of the 13-year-old housing market bubble that has occurred across the country.

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Rising inventory is the most positive housing market story in 2024

Housing Wire

The most positive development in the housing market over 2024 has been the increase in active housing inventory , which is approaching the levels seen in 2019. Although those 2019 levels represent a five-decade low before COVID-19, the market was still functioning better than it did from 2020 to 2023.

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