Consumer Sentiment Hits 30-Month High as Mortgage Rate Optimism Grows The Fannie Mae Home Purchase Sentiment Index (HPSI) report for September 2024 is in, and by the looks of it, consumer optimism has significantly improved. The overall index went up 1.8 points from August to 73.9—its highest level in over two years. The most likely […]
Why Are Homeowners Selling
The Top Reasons Homeowners Are Selling in 2024 Check Out This Weeks Newsletter Zillow’s latest seller report includes recent data on seller motivation—specifically major life events and specific changes sellers are looking for in their next home. It also highlights the decision-making process for buyers across generations, including the time spent considering their decision (before listing) […]
Housing Affordability Improves for the First Time
Housing Affordability Improves for the First Time Since 2020 Today, we bring you news of a much-anticipated (or at least much-desired) improvement in housing affordability, thanks to two recent Redfin reports. The first report, dated yesterday (September 24) reveals a 1.4% year-over-year reduction in the household income required to afford a median-priced home—the first annual […]
Sellers with Real Estate Agents Make More
Sellers with Real Estate Agents Make $79,000 More New research shows home sellers who used a real estate agent made $79,000 more from their home sales than sellers who did not. That’s according to a survey by Clever Real Estate, based on the replies of 654 Americans who sold a home in 2023 or 2024—about […]
Younger Generations Could Buy a Home if They “Tried Harder”
7 in 10 Boomers Think Younger Generations Could Buy a Home if They “Tried Harder” Check Out This Weeks Newsletter Only 15% of today’s Baby Boomer homeowners have any plans to sell their homes in the next five years. And more than half (54%) have no intention of ever doing so. That’s according to new […]
Is Now the Right Time to Buy or Sell?
Election Year Real Estate Trends: Is Now (or Later) the Right Time to Buy or Sell? Read This Weeks Newsletter With the next presidential election approaching fast, the campaign rhetoric isn’t the only thing heating up. Consumers across the country are feeling uncertain and overwhelmed, wondering whether it makes sense to buy or sell a […]
How Transparent Markets Are Leading the Way
How Transparent Markets Are Leading the Way in Real Estate Recovery In times of uncertainty, real estate transparency* is more critical than ever. Markets that lead in transparency are the ones pulling further ahead through investments in AI and technology integration, data availability, and sustainability. That’s according to JLL and LaSalle’s (NYSE: JLL) biennial, proprietary […]
The Housing Markets Balance
Read This Weeks Newsletter Shifting Into Neutral: Housing Markets Balance as Sellers Lose Ground New Zillow research highlights the shift toward a more balanced housing market as sellers lose their advantage due to rising inventory and slowing home price appreciation. Competition for available homes has cooled faster than normal as buyers continue to struggle with […]
Predictions On Prices And Opportunities For Buyers
The Housing Market Shift: Ivy Zelman’s Predictions On Prices And Opportunities For Buyers Check Out This weeks Newsletter Anytime Ivy Zelman, CEO of Zelman & Associates, appears in an interview (or webinar) to discuss the current housing market, we tune in. So, of course, when Zelman joined two CNBC “Squawk Box” hosts for a conversation […]
Luxury Home Prices Reach All-Time High
Luxury Home Prices Reach All-Time High New reports from Redfin and Zillow highlight the growth in luxury home values and sale prices relative to non-luxury. Redfin’s report focuses more on luxury home sale prices, which rose 8.8% year over year in the second quarter of 2024, compared to a 3.8% increase for non-luxury homes that […]
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