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Redfin, a Seattle, Washington-based real estate giant, forecasts average 30-year fixed mortgage rates will remain in the high 6% range over the duration of 2025. Online real estate marketplace ...
Home-price growth increased in September 2024 by 3.9 percent, according to S&P CoreLogic’s latest Case-Shiller Index, marking a 16th consecutive all-time high after accounting for seasonality.
Housing prices have been on fire lately, culminating in historic highs — September’s median of $404,500 is the highest September price ever recorded by NAR. So will home prices drop before ...
Estimated median income loss or gain per person by 2050 due to climate change, compared to a scenario with no climate impacts (red colour indicates a loss, blue colour a gain). [1] An economic analysis of climate change uses economic tools and models to calculate the magnitude and distribution of damages caused by climate change.
Redfin expects home prices to fall 1% in the second and third quarters of next year and be flat in the first and last quarters, per its 2024 housing market forecast.
The housing market, which has been grappling with affordability challenges not seen since the early 1980s, may begin to ease later this year – but not enough to make a real impact for most ...
The calculation in the sidebox shows that a 1 percentage point change in interest rates would theoretically affect home prices by about 10% (given 2005 rates on fixed-rate mortgages). This represents a 10-to-1 multiplier between percentage point changes in interest rates and percentage change in home prices.
Some experts predict that we are approaching a "silver tsunami" in the real estate market. "The 'silver tsunami' is the idea that baby boomers will soon be selling their homes en masse," said Jenna...