Migration

"Now that we're seeing the beginning of an affordability turnaround, home buyers are still looking for markets where they can capitalize on lower prices," says Realtor.com Chief Economist Danielle Hale.

According to Bank of America's latest Homebuyer Insights Report, the estimated number of prospective buyers willing to wait for prices and/or mortgage rates to fall before purchasing a home is down from a whopping 85% recorded in June.

David Aach of Blue Sage Solutions shares his outlook for the coming year, exploring how advances in the tech space will propel the marketplace in 2024 and beyond.

The Joint Center for Housing Studies has released Housing America’s Older Adults 2023 report, revealing that the older population is surging, presenting imminent challenges to supply housing and care for millions of Americans in the coming years.

As inflation eases and mortgage rates fell from their highest level, housing payments declined. A new Redfin report reveals an uptick in new listings, and what the drop in monthly payments could mean for homeowners and buyers in the coming year.

A new LendingTree report revealed how consumers feel about current market conditions, the likelihood of the market crashing in 2024, and just how many are actively hoping it does.

The MBA reports that the average national median mortgage payment rose to $2,199 in October, a $143 year-over-year rise. Here are the factors that were “dissuading would-be buyers from entering the housing market.”

A new report from Redfin that tracks the migration patterns of American citizens found that Nashville is ripe for inbound migrations due to changing tastes, reasonable home prices, low property taxes, and no state income tax.

According to a new ATTOM report, homebuyers who close on this January date are offered the lowest premium above the automated valuation model. While still above market value, the average homebuyer is only paying a 3.8% premium, compared to the 14.4% premium recorded in May.

Cooling housing demand and an increase in rental home options are projected to keep home sales stable in the coming year, according to Realtor.com's 2024 Housing Forecast. As the market continues to moderate, here’s what experts predict for mortgage rates by the end of the year.