article thumbnail

The Southern housing markets poised to become boomtowns

Housing Wire

Southern housing markets have dominated growth lists over the last few years, and a report by CoreLogic today shows Southern markets are still hot. Using growth indicators that measure upcoming construction and development, southern metros take eight spots in the top 10 list. The top three metros are Lakeland, Florida.

article thumbnail

Demand for distressed homes is dropping. What that means for the housing market

Housing Wire

Weaker demand from the local community developers buying at auction suggests continued weakness in the retail housing market into early 2025 given that those local community developers are anticipating retail market conditions about six months into the future,” Daren Blomquist, vice president of market economics at Auction.com, said in a statement.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Midwest, Northeast housing markets stay hot amid national cooldown

Housing Wire

housing market has shown signs of slowing, demand remains strong in key Midwest and Northeast cities, where homes are selling weeks faster than the national average, according to Realtor.com s Hottest Markets Report for February. While the U.S. year over year, respectively. We just don’t have a way at the local level.

article thumbnail

CoreLogic’s John Rogers on AI, climate risk and land development issues

Housing Wire

Rogers met with HousingWire to discuss his new role and cover a variety of topics, including artificial intelligence (AI), climate risk and land development. NP: You work directly with land developers too. What sort of policies are you helping to develop on their end? This interview has been edited for length and clarity.

article thumbnail

What will it take to rekindle the senior housing market?

Housing Wire

Despite that projected need for more senior housing, however, development on dedicated senior housing units and facilities ground to a halt during the COVID-19 pandemic and has largely stood still since then, the report explained. seniors cannot afford private senior housing communities.

article thumbnail

Inside the 2025 housing market: inventory growth, affordability pressure, and what comes next

Housing Wire

The panel dissected the housing market’s current state marked by rising inventory, affordability challenges, elevated mortgage rates , and investor uncertainty and what it all means for the rest of 2025 and beyond. Today’s COGS for long lead-time builders reflect development costs from four years ago. [09:58]

Inventory 287
article thumbnail

Trapped by design: Why America’s housing market is stuck — and what the rest of the world can teach us

Housing Wire

Americas housing market isnt just cooling its frozen in place. Its the result of a uniquely American mortgage structureone that unintentionally punishes mobility and paralyzes housing supply. Its the result of a uniquely American mortgage structureone that unintentionally punishes mobility and paralyzes housing supply.

Design 255