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Eight states now have more unsold inventory than in 2019. Here’s why.

Housing Wire

But still, there are about 300,000 fewer homes on the market now than in August of 2019. Florida and Arizona have 70% more homes unsold on the market now than last year, while New York has only 10% more. So rather than comparing to last year, the closest we get to a “normal” market is to use 2019 as a baseline.

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Will 2025 finally be a “normal” housing market?

Housing Wire

Weve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom. Does the housing market start to get back to normal? The number of unsold homes on the market is finally getting closer to 2019 levels. Two and a half years. We know sales are inching up, too.

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The biggest risk to the housing market right now

Housing Wire

housing market this year? If we stick to the facts, however, we can glean a few important take-homes as to what risks the housing market faces for 2021 and beyond. First and foremost, it is important to remember that more Americans are buying homes with mortgages in 2020 and 2021 than any single year from 2008-2019.

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Examining Escalating Rental Prices Post-2019

Appraisal Buzz

Department of Housing and Urban Development (HUD) , paints a stark picture of how Fair Market Rents (FMRs) for one- and two-bedroom units have surged across the country over the five-year span of 2019-2024. Raleigh, North Carolina, for instance, saw the smallest increase in one-bedroom FMRs, with a modest $61 bump since 2019.

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Logan Mohtashami’s 2023 housing market forecast

Housing Wire

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Housing Inventory. That would be a positive for demand.

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A key home price metric has skyrocketed since 2019

Housing Wire

from May 2019 to May 2024. Among the 50 largest U.S. metro areas, Realtor.com found that homes in New York City , Boston and Nashville led the way with respective appreciation rates of 84.7%, 72.9% Conversely, the metros with the lowest per-square-foot returns were led by Detroit (23.2%), Baltimore (24.8%) and San Jose (26.3%).

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New Forecast Pinpoints 2025’s Top Housing Markets

Appraisal Buzz

Realtor.com has revealed its Top Housing Markets for 2025 , highlighting the areas ready for growth in the year ahead. Inventory on the Rise While the nations housing inventory remains a challenge, a recovery is underway, with the number of homes for sale in November notching the highest mark since December 2019.