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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. The elephant in the room is affordability.

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Rising inventory is the most positive housing market story in 2024

Housing Wire

The most positive development in the housing market over 2024 has been the increase in active housing inventory , which is approaching the levels seen in 2019. Although those 2019 levels represent a five-decade low before COVID-19, the market was still functioning better than it did from 2020 to 2023.

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

Housing Wire

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. Statewide, the housing market has a 90-day average Altos Market Action Index score of 44.18

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More Renters Fearing Scams in Tight Housing Market

Appraisal Buzz

As the housing market grows more competitive, rental scams are adding financial and emotional strain to renters nationwide. The post More Renters Fearing Scams in Tight Housing Market first appeared on The MortgagePoint. The post More Renters Fearing Scams in Tight Housing Market appeared first on Appraisal Buzz.

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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! Is It a Buyers Market?

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Housing market data positive despite Powell’s Grinch act

Housing Wire

Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. Weekly pending sales The latest weekly pending contract data from Altos Research offers an exciting glimpse into the real-time dynamics of housing demand.

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Strong Housing Market Impacting Zombie Foreclosures Nationwide 

Appraisal Buzz

Despite their potential to draw in vandalism and spread community blight, zombie foreclosures continue to have little to no effect on the majority of local housing markets. That phenomena is still one of the many long-lasting consequences of the 13-year-old housing market bubble that has occurred across the country.