Fed Chair Jerome Powell: “We’re Not Targeting Housing Price Inflation” During the FOMC press conference on January 31, Jerome Powell, Chairman of the Federal Reserve, directly addressed concerns related to housing price inflation and Senator Elizabeth Warren’s letter to the Federal Reserve. In response to a direct question about housing inflation from Nancy Marshall-Genzer with Marketplace, Powell […]

80% of Homebuyers Willing to Adjust Plans in 2024 According to a new RE/MAX report, nearly 8 in 10 prospective homeowners are willing to make adjustments to their homebuying plans to achieve homeownership this year. Some of those adjustments mentioned in the study include— Buying a fixer-upper Buying a home with a friend or family […]

4 Housing Market Predictions From Realtor.com Chief Economist Realtor.com Chief Economist Danielle Hale appeared on last week’s episode of the Knowledge Brokers Podcast to discuss her predictions for 2024. As true knowledge brokers themselves, Tom Toole and Lisa Chinatti took this as a learning opportunity, asking about Hale’s predictions on a number of housing-related topics. Here, we’ll […]

Top Inbound Trends and Outbound Shifts in 2023 Migration The U-Haul Growth Index for 2023 highlights the top 10 states for growth, based on the largest numbers of movers headed to those states using one-way U-Haul equipment rentals. Texas topped the list, with Florida close behind—both holding their spots for the third consecutive year—followed by […]

The cross-market migration boom is officially slowing as fewer Redfin.com users search for homes outside their current metros. A new report from Redfin shows a decline in the pandemic-fueled migration for November as the share of homebuyers relocating drops for the third straight month to 23.9%, its lowest level in 18 months—down from 24.1% a […]

Zillow’s Most Popular Search Terms Showcase What Buyers Are Looking For Zillow analyzed over 250 billion home search queries, using data from its AI-powered natural language search feature introduced earlier this year. And that data held some surprising insights into buyer preferences—not just across the U.S. but from one city to the next. A full […]

Fannie Mae’s 2024 Housing Outlook Last Thursday, December 14, Fannie Mae’s Economic and Strategic Research (ESR) Group issued a report with an updated economic and housing forecast for 2024. While they expect a slowdown in the U.S. economy in the months ahead, they’re projecting a slow recovery for both home sales and mortgage originations. At the start […]

What Presidential Candidates are Saying About the U.S. Housing Market As the next election year approaches and candidates for the position of U.S. president start debating the issues, it’s fair to ask what each one is saying right now about the housing market—and what they propose to make homeownership attainable for more Americans. So, we […]

Just Thinking As we trudge our way through December, the short days, the cold, and the rain. Holiday parties, shopping and prepping for Christmas, so much going on in the world, we have so much to be thankful for. Some items in the news lately got me thinking about where we are right now and […]

The Best Day of The Year to Buy a Home is Just Around the Corner A new ATTOM analysis reveals the best day of the year to buy a home, based on the lowest premium above the automated valuation model (AVM). And while a broader analysis of the best days for buying shows the month […]