...Associate VP, Housing Economics, and Executive Director, Research Institute for Housing America. “If mortgage rates shift lower in 2024, as we anticipate, the combination of rising inventory levels and lower...

...come as soon or proceed as rapidly as previously expected. Lower rates should help boost both homebuyer demand and increase the inventory of existing homes, thereby supporting purchase origination volume...

...annualized pace of existing home sales to fall below 4 million units in Q4. New home sales continue to hold up better than existing sales due to ongoing inventory constraints,...

...Phoenix (-4.2%), and San Antonio (-2.5%), as well as New Orleans (-8.8%). A distinct lack of new inventory has troubled the market for more than a year. But some homeowners...

...the destination, as well as housing inventory," said Doug Ressler, Business Intelligence Manager at Yardi Matrix. "Notably, Western and Southern states are competing vigorously to establish themselves as net migration...

...Director, Research Institute for Housing America. “If mortgage rates shift lower in 2024, as we anticipate, the combination of rising inventory levels and lower rates should lead to stronger demand...

...mortgage-purchase applications dropping to their lowest level in nearly 30 years. But inventory is falling significantly, too, as homeowners hang onto relatively low rates. The total number of homes for...

...valuaitons, the amount of available single-family inventory, and the adoption of artificial intelligence (AI) round out the top four issues. "The Counselors of Real Estate proactively recognizes crucial themes so...

...housing inventory—a deficit of approximately 2 million housing units in early 2023—due to a combination of decade-long underbuilding and a demographic wave of demand from millennial home buyers,” Potapov concluded....

...on to their existing super-low mortgage rates. "Interest rate policy locked up both the demand and supply sides of the housing market. Inventory in the Mid-Atlantic region is less than...