Remove 2026 Remove Housing Market Remove Inventory
article thumbnail

What rising inventory means for the 2025 housing market

Housing Wire

As the year draws to a close, available unsold inventory of homes on the market is nearly 27% greater than a year ago. Almost every market in the country has more homes available now than at the end of 2023. Ten states have more inventory unsold than in 2019, which was the last sort of normal year before the pandemic.

Inventory 369
article thumbnail

Zillow, Fannie Mae diverge on 2025 housing market predictions

Housing Wire

Zillow also reported that, after a tumultuous five years, many measures of the housing market are trending closer to historic norms. Notably, while the flow of new listings to the market is still nearly 14% lower than it was before the COVID-19 pandemic, its much improved to compared to the deficit of 25% in March 2024.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Housing market pauses for election

Housing Wire

Inventory, new listings, sales, and prices all dipped this week. It’s actually not uncommon for housing activity to dip for the first week of November and rebound a bit in the following week. It’s actually not uncommon for housing activity to dip for the first week of November and rebound a bit in the following week.

article thumbnail

What Fed rate cuts in 2024 will mean for homebuyers

Housing Wire

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. For 2026, Fed officials projected rates to fall below 3% by the end of 2026 through three more quarter percentage point reductions. in 2025, indicating four more 25 bps cuts.

Inventory 488
article thumbnail

Pending Home Sales Climb to Highest Level Since March

Appraisal Buzz

Pending house sales are a good indicator of market conditions and typically follow existing home sales by one to two months. According to the Realtor.com and WSJ Housing Market Ranking, homebuyers have focused on mid-sized, reasonably priced regions in the Midwest and Northeast, even if housing prices are still high.

Contracts 418
article thumbnail

How HousingWire’s 2025 market forecast compares to others

Housing Wire

The 2024 housing market is shaping out to be one of the slowest in recent memory, but what can the industry expect in 2025? HousingWire Lead Analyst Logan Mohtashami and Altos Research Founder Mike Simonsen have compiled a comprehensive forecast for the 2025 housing market. HousingWire’s 2025 forecast of 3.5% million).

Marketing 360
article thumbnail

Boomers struggled more than millennials to buy their first homes: Realtor.com

Housing Wire

The analysis of historic home prices, income levels and mortgage rates found that baby boomers — Americans between the ages of 60 and 78 this year — “arguably faced the toughest housing market ever for first-time buyers.“ Still, these ratios were far higher during the peak years of the boomer-led housing market of the 1980s.