Appraisal Buzz

DECEMBER 6, 2024

According to the Q4 2024 Fannie Mae Home Price Expectations Survey (HPES) , following an average expectation for national home price growth of 5.2% in 2024, a panel of more than 100 housing experts forecasts home price growth to decelerate to 3.8% for 2026, as measured by the Fannie Mae Home Price Index (FNM-HPI).

Inventory 394

Inventory Home Value Design Mortgage 394

Housing Wire

DECEMBER 13, 2023

For 2026, Fed officials projected rates to fall below 3% by the end of 2026 through three more quarter percentage point reductions. While mortgage rates are expected to decrease, high home prices combined with low inventory still pose a challenge for potential homebuyers. “We in 2025, indicating four more 25 bps cuts.

Inventory 488

Inventory Housing Market Mortgage Law 488

Housing Wire

DECEMBER 16, 2024

.” Septembers dip in mortgage rates provided a tailwind to home sales in the second half of the year. Home values are forecast to tick up 2.2% For-sale inventory is now about 26% below the norms of 2018 and 2019, the smallest shortfall since September 2020. Zillow says that 2024 will finish with 4.06

Housing Market 363

Housing Market Marketing New Listings Home Value 363

Will Springer Realtor

OCTOBER 8, 2021

They wonder if they missed their opportunity to buy before interest rates rise along with home values. Estimated opening is 2026. Homes in exclusive areas like Newport Shores in Bellevue (pictured atop our newsletter) will likely see prices soar when those properties hit the market. Inventories improved fractionally.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Housing Wire

NOVEMBER 11, 2024

The town may then decide to pass on some of those financial challenges by taxing homeowners at a higher rate or by providing fewer town services, which may lead homeowners to leave the town, selling their properties, which could result in dropping home prices due to a rapid rise in inventory and a drop in demand. DellaPelle posited.

Real Estate 418

Real Estate Insurance Supply Chain Buyers 418

Will Springer Realtor

DECEMBER 17, 2024

This year saw sharply expanding inventory, up 29% year-on-year nationally (through October; latest data) and 26% YoY across King County (November 2023-November 2024). The number of homes sitting on the market in King in September (4900) was the highest of any month since September 2019. That will be the new normal. a year ago.

Real Estate 37

Real Estate Buyers Sellers Development 37