Remove 2024 Remove Buyers Remove Housing Market
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The two big housing market trends to watch in 2025

Housing Wire

All the housing market data for 2024 is in, and its fair to say that the housing market surprised us again! However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. In 2025, housing affordability in the U.S. Each line is a year.

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Strong Housing Market Impacting Zombie Foreclosures Nationwide 

Appraisal Buzz

remain unoccupied, according to ATTOM ‘s fourth-quarter 2024 Vacant Property and Zombie Foreclosure Report. from Q3 of 2024. In Q4 of 2024, roughly 7,100 of such pre-foreclosure properties remain unoccupied as zombie foreclosures, or pre-foreclosure properties that the owners have abandoned. from 7,007 in Q3 of 2024.

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Real estate investors purchased 16% of homes in Q3 2024

Housing Wire

housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. year over year in Q3 2024, representing a small change after four years of fluctuations. billion worth of properties in Q3 2024, up 3.4%

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Tight inventory is challenging Illinois’ ‘steady Eddie’ housing market

Housing Wire

In 2024, more people moved out of Illinois than into the Prairie State. Despite the frequency of departures, real estate agents in the state say the housing market remains strong. On the balance, there are still more buyers with their eye on a purchase than there are houses on the market. as of Jan.

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Housing Market Predictions for 2025

Appraisal Buzz

If youre thinking about buying or selling a house and wondering about the housing market, youre not the only one. The real estate market has seen a lot of unusual trends in the past couple of years, so it makes sense that youd want the latest market update before you make any major decisions!

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The luxury housing market is booming despite larger stagnation

Housing Wire

The stagnant 2024 housing market is one the real estate industry cant wait to get away from, but not so for the niche luxury market. in the first half of 2024, and the median luxury home price jumped by 14.2%. in the first half of 2024, and the median luxury home price jumped by 14.2%.

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Pending home sales limped to the end of 2024

Housing Wire

According to Bright MLS chief economist Lisa Sturtevant, 2024 marked a 30-year low for pending home sales. Pending sales activity had been higher in October and November, and there was some growing optimism that the 2025 housing market could start out strong. Sturtevant said in a statement.

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