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May 2024 Market Report Highlights Homevalues climbed month over month in all 50 of the nation’s largest metro areas in May. Homevalues are up from year-ago levels in 46 of the 50 largest metro areas. Homevalues are down from year-ago levels in three major metro areas. through May 2025.
elementor-widget-text-editor.elementor-drop-cap-letter{display:inline-block} The latest Fannie Mae Home Price Expectations Survey (HPES) , produced in partnership with Pulsenomics, examining third quarter 2024 data, has found that following home price growth of 6.0% in 2023, an annual national home price growth of 4.7%
Single families: $558,496 (2023) | $604,560 (2024) Condominiums: $532,461 (2023) | $460,780 (2024) Multi-families: $469,320 (2023) | $540,144 (2024) Homes Listed For Sale: T he number of homes listed is down by 9.3% 2024: 1,174 2023: 1,294 2022: 1,231 Pending Home Sales: The number of homes placed under contract is up by 6.4%
January 2025 New Hampshire Housing Report NEW HAMPSHIRE Home Sales Down, Average Price Up Home sales are down 1.3% year over year, with January 2025 at 955 compared to 968 last January. Sales are down for Single-family homes and condos, but up for multi-family homes. Planning to sell in 2025?
Single families: $898,269 (2023) | $991,574 (2024) Condos & Townhomes: $519,419 (2023) | $521,826 (2024) Homes Listed For Sale in South Florida: T he number of homes listed is up by 5.4% 2024: 9,931 2023: 9,425 2022: 8,371 Pending Home Sales in South Florida: The number of homes placed under contract is down by 4.1%
Single families: $477,564 (2023) | $482,958 (2024) Condominiums: $490,973 (2023) | $497,329 (2024) Multi-families: $472,635 (2023) | $543,962 (2024) Homes Listed For Sale: T he number of homes listed is down by 7% when compared to November 2023. Lets turn your homeownership dreams into reality in 2025!
Single families: $608,389 (2023) | $628,629 (2024) Condominiums: $402,480 (2023) | $483,392 (2024) Multi-families: $528,155 (2023) | $612,108 (2024) Homes Listed For Sale: T he number of homes listed is up by 0.4% 2024: 1,086 2023: 1,082 2022: 1,173 Pending Home Sales: The number of homes placed under contract is up by 28.3%
Single families: $698,107 (2023) | $728,237 (2024) Condominiums: $608,752 (2023) | $652,668 (2024) Multi-families: $658,276 (2023) | $776,132 (2024) Homes Listed For Sale: T he number of homes listed is down by 13% when compared to November 2023. Lets turn your homeownership dreams into reality in 2025!
Single families: $553,944 (2023) | $597,105 (2024) Condominiums: $324,844 (2023) | $348,070 (2024) Homes Listed For Sale: T he number of homes listed is down by 8% when compared to November 2023. 2024: 2,536 2023: 2,756 2022: 2,616 Pending Home Sales: The number of homes placed under contract is up by 7.5%
January 2025 Massachusetts Housing Report MASSACHUSETTS Home Sales Up, Average Price Up Home sales are up 12% year-over-year, with January 2025 at 4,209 compared to 3,757 last January. 2025:5,016 2024: 4,675 2023: 4,337 Pending Home Sales: The number of homes placed under contract is down by.09%
January 2025 SOUTH FLORIDA Housing Report SOUTH FLORIDA Home Sales Down, Average Price Up Home sales are down 0.7% year over year, with Janaury 2025 at 4,388 compared to 4,420 last January. Sales are up for single-fmaily homes and down for Condos. Thinking about selling in 2025?
January 2025 Maine Housing Report MAINE Home Sales Up, Average Price Up Home sales are up 15.1% Single families: 753 (2024) | 852 (2025) Condominiums: 89 (2024) | 129 (2025) Multi-families: 72 (2024) | 71 (2025) Average sale price increased 4.2% Planning to sell in 2025?
Which is why many sellers try to sell their home as-is and avoid the hassle of repairs and improvements. Unfortunately a contracts as-is clause can be confusing for some sellers. Types of Homes Sold As-Is Homes sold as-is in Texas can vary widely in terms of their condition, age, and location. How can that be possible?
January 2025 Rhode Island Housing Report RHODE ISLAND Home Sales Up, Average Price Up Home sales are up 71% year over year, with January 2025 at 691 compared to 645 last January. Sales are up for single-family homes and condos, and down for multi-family homes. Thinking about selling in 2025?
January 2025 Connecticut Housing Report CONNECTICUT Home Sales Up, Average Price Up Home sales are up 6.7% year over year, with January 2025 at 1,679 compared to 1,598 last January. 2025: 2,623 2024: 2,385 2023: 2,487 Pending Home Sales: The number of homes placed under contract is up by 11.4%
Single families: $552,142 (2023) | $616,575 (2024) Condominiums: $319,672 (2023) | $361,324 (2024) Homes Listed For Sale: T he number of homes listed is down by 1.4% 2024: 1,633 2023: 1,657 2022: 1,682 Pending Home Sales: The number of homes placed under contract is up by 9.0% when compared to December 2023.
Single families: $448,469 (2023) | $494,048 (2024) Condominiums: $451,068 (2023) | $536,158 (2024) Multi-families: $469,907 (2023) | $529,680 (2024) Homes Listed For Sale: T he number of homes listed is up by 8.2% 2024: 849 2023: 785 2022: 762 Pending Home Sales: The number of homes placed under contract is down by 22.6%
Single families: $675,591 (2023) | $745,701 (2024) Condominiums: $617,609 (2023) | $671,396 (2024) Multi-families: $611,709 (2023) | $797,688 (2024) Homes Listed For Sale: T he number of homes listed is up by 15% when compared to December 2023. As 2025 begins, the housing market still faces low inventory.
Single families: $541,3636 (2023) | $624,255 (2024) Condominiums: $454,535 (2023) | $512,872 (2024) Multi-families: $475,035 (2023) | $598,944 (2024) Homes Listed For Sale: T he number of homes listed is down by 0.6% 2024: 772 2023: 777 2022: 787 Pending Home Sales: The number of homes placed under contract is up by 0.9%
Single families: $551,549 (2023) | $614,965 (2024) Condominiums: $453,425 (2023) | $412,689 (2024) Multi-families: $513,093 (2023) | $592,844 (2024) Homes Listed For Sale: T he number of homes listed is up by 7.2% 2024: 758 2023: 707 2022: 747 Pending Home Sales: The number of homes placed under contract is up by 13.6%
As stated last month in my Predictions for 2025 , 2024 will go down in history as the bottom of this down cycle. This report breaks down sales, average prices, the number of active listings, and how many listings went under contract for 2024 compared to 2023 and discusses what is predicted to unfold in 2024.
Single families: $862,440 (2023) | $1,024,935 (2024) Condos & Townhomes: $503,008 (2023) | $546,554 (2024) Homes Listed For Sale in South Florida: T he number of homes listed is up by 9.4% 2024: 8,537 2023: 7,807 2022: 7,001 Pending Home Sales in South Florida: The number of homes placed under contract is down by 21.8%
Time Adjustments Insanity February 14, 2025 Whats in This Newsletter (In Order, Scroll Down) LIA AD:Divorce – no interior access allowed Should accessory dwellings be valued at the same price per square foot? Time is measured in days, to the contract day of the comparable sale. Newz: ADU Price per Sq.ft.? Not insanity.
Delaying a home purchase solely due to interest rates is often unwise. While refinancing could potentially yield savings if rates drop substantially, it’s important to remember that rising homevalues might counteract these benefits. However, a more active market is anticipated for 2025.
This finding indicates that we cannot reject the role historic discrimination has played in the evaluation of homevalues. Economic, Housing and Mortgage Market Outlook – June 2024 June 20, 2024 We now project 2024 total home sales to be 4.82 million in 2025 (previously 5.29 trillion in 2025 (previously $2.08
The latest Zillow Home Price Expectations Survey1 polled more than 100 experts from academia, government and the private sector to gather their opinions on the state of the housing market and future growth, inflation forecasts and recession risks. “Americans have seen homevalues rise at record rates over the past few years.
The Federal Housing Finance Agency (FHFA) has announced the deemed-issuance ratio for the 2025 calendar year in accordance with Internal Revenue Service (IRS) guidelines on the trading of the Uniform Mortgage-Backed Security (UMBS). Therefore, the deemed-issuance ratio for the 2025 calendar year is 51% Fannie Mae and 49% Freddie Mac.
Under contract: Let your clients know what to expect after they go under contract on a home. Closing: Briefly review what to expect on closing day, including a final walkthrough, signing documents, and collecting the keys to their new home. Negotiations: Prepare your clients for the possibility of counteroffers.
Year-over-year, contract signings reduced in all four U.S. NARs Pending Home Sales Index (PHSI)a forward-looking indicator of home sales based on contract signingsslid 5.5% A PHSI reading of 100 is equal to the level of contract activity in 2001. homevalue is currently $356,585, up 2.6% All four U.S.
Newz: Waivers Increasing, The New URAR: Markets vs. Neighborhoods, Climate Change and HomeValues February 7, 2025 Whats in This Newsletter (In Order, Scroll Down) LIA AD: Should I consider this an actual claim? I have not seen discussions on the future of homevalues in risky areas. percent from one week earlier.
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