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Alabama. October 2020 home value: $160,644 October 2022 home value: $214,110 2-Year change (#): $53,466 2-Year change (%): 33.28% The rapidly rising prices that defined the 2022 housing market ...
Since 2020, the housing market in Mesa has ratcheted up to one of the most competitive in the country, with a Competition Index at or near the maximum for most of 2024. This economic pain is a ...
Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home prices. Economists at Bank of America warned this week that the US housing market is ...
Single-family housing starts, which account for the bulk of homebuilding, plunged 6.9% to a seasonally adjusted annual rate of 970,000 units last month, the Commerce Department's Census Bureau said.
It also includes analysis by geography, type of buyer, type of dwelling, property status (whether the property is a new build or not), and funding status (cash or mortgage). Several guidance documents[2] are published alongside the release explaining its methodology and the difference between the different sources of official house price ...
If you're thinking of buying, selling or investing in real estate, forget what you've read about the "housing market." The housing market is actually 50 different housing markets, and if you're...
Some specific housing markets are becoming even more attractive for buyers. The 30-year mortgage rate dropped to 6.47% as of August 8 — its lowest rate in more than a year, according to Freddie ...
Traditional wisdom states that the real estate market needs 5 to 6 months of housing supply to be balanced, or not leaning toward either a buyer’s market or seller’s market. NAR existing-home ...