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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. However, we need lower mortgage rates to grow sales in a bigger fashion in 2025. However, this year, mortgage rates rose during this timeframe.

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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. Homes are already staying on the market 20% longer than a year ago.

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Housing Market Forecast: Unpredictable Mortgage Rates to Shake Up 2025

Appraisal Buzz

As 2025 draws near, mortgage rates are once again in the news. Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. In September, mortgage rates dropped, momentarily raising the proportion of affordable properties to a 19-month high. Pets deserve homes too!

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The 10 hottest housing markets for 2025: NAR

Housing Wire

The COVID-19 pandemic turned a number of nontraditional cities into housing market hotspots. While some of those markets have since seen a reversal of fortunes, 2025 may bring a few more surprises. Locked-in mortgages have been widely credited with cutting off housing inventory.

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Which U.S. Housing Markets Are Most At-Risk?

Appraisal Buzz

ATTOM has released its latest Special Housing Risk Report , spotlighting county-level housing markets around the nation that are more or less vulnerable to declines, based on home affordability, equity, and other measures in Q4 2024. Housing Markets Are Most At-Risk? They included four in the Washington, D.C.,

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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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Single Women Defying Housing Market Trends

Appraisal Buzz

Each mortgage payment serves as a form of forced savings, helping homeowners build wealth over time. A Growing Market Force With increasing education levels, rising incomes, and financial discipline, single women are proving to be a resilient and growing force in the housing market. housing trends.