Migration

Housing costs reached record highs for homebuyers and renters in 2023, but affordability is projected to improve this year. A new Zillow report shares predictions for the hottest housing markets of 2024.

According to a new LendingTree study, rates began to trend in the right direction after peaking in October, with the average rate for 30-year fixed mortgages falling to below 7.00% by December, ending the year more than a percentage point lower than their 2023 peak. But will economic conditions continue to ease in 2024?

United Van Lines has released the latest iteration of their annual National Movers Study, which uses internal data based on multiple thousands of moves to determine inbound hotspots and outbound migration patterns.

Despite a surge of new apartments listed on the market this year, fewer renters renewed their leases, according to RentCafe's 2023 Year-End Report.

For the first time, Spokane is a migration hotspot for people still chasing affordability as the pandemic boom of people moving may be at its end according to Redfin.

Southern states populations soared in 2023, accounting for much of the domestic migration in 2023 with Florida, North Carolina, and Texas being key hotspots.

Median rental property prices in Q3 experienced a slight increase year-over-year, as rentals continue to be snatched off the market at a much faster pace, according to new data from HouseCanary.

New data from LendingTree has found a slight positive correlation between home values and the amount of snowfall, however, expensive real estate is not exclusive to snowy parts of the country.

According to the latest RE/MAX National Housing Report, both home sales and the number of homes available slid month-over-month, leaving potential buyers with little to choose from.

Home prices reached a new peak for the eighth consecutive month in November, according to First American's latest Home Price Index report, which revealed that price appreciation for small, affordable homes for first-time buyers remained strong, with starter home prices growing the fastest in many U.S. markets.