News Updates

New Listing Volume Increased in December Indicating Positive Signs to Come in 2024

by admin
Comment Off
387 views

Mortgage Rate Drops Begin to Encourage Market Activity Net New Listing and Contract Volume Marginally Up Versus December 2022 Interest Rate Shock Continues to Keep Inventory at Historically Low Levels HouseCanary, Inc. (“HouseCanary”), a national brokerage known for its real estate valuation accuracy, released its December Market Pulse Report, showing that activity in terms of net new listings placed on the market is up 5% versus December 2022. With the Federal

by admin
Comment Off
312 views

REI INK has partnered with National Private Lenders Association and John Burns Research and Consulting to give you the chance to participate in a survey of fix-and-flip market conditions. At the end of the survey, you can select a free metro-level data report for each market you rate (up to 3) to help inform you and your business. Data includes statistics on sales, prices, rents, demand, supply, and affordability. Participants

by admin
Comment Off
337 views

Affordability and job growth push the Great Lakes, Midwest regions to the forefront of the forecast Buffalo, New York, will be the hottest major housing market this year, according to a new analysis by Zillow®. Affordability is the most powerful force driving real estate, bringing lower-cost markets in the Great Lakes, Midwest and South regions to the top of Zillow’s 2024 rankings. “Housing markets are healthiest where affordable home prices and

by admin
Comment Off
331 views

Veros Real Estate Solutions (Veros®), an industry leader in enterprise risk management and collateral valuation services, released its 2023 Q4 VeroFORECASTSM that anticipates nationwide home prices, on average are expected to increase 2.4% over the next 12 months, compared to last quarter’s forecast of a 2.2% increase, signaling a continued rise in prices. VeroFORECASTSM evaluates home prices in over three hundred of the nation’s largest housing markets, and Veros is committed to the data

by admin
Comment Off
971 views

The “US Real Estate Service Market Outlook to 2028” report has been added to ResearchAndMarkets.com’s offering. The US Real Estate Service market has been experiencing robust growth, driven by a convergence of factors. Historically low mortgage rates encourage more people to buy homes or invest in real estate, as it makes financing more affordable. Low interest rates can increase demand for property and drive market growth. Population growth, especially in urban areas, increases the

by admin
Comment Off
590 views

Spending power improvements a positive sign, yet financial recovery still underway Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the United States and Canada, announced the release of the Primerica Household Budget Index™ (HBI™), a monthly index illustrating the purchasing power of middle-income households with incomes between $30,000 and $130,000. In November 2023, the average purchasing power for middle-income households was 100.5%, up from 99.1% in October.