Current Market Data
Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.
With mortgage rates dropping to their lowest levels in almost a year, house hunters are returning to a market that many had shied away from in 2023.
CoreLogic expects prices to continue to grow through the year.
Falling mortgage rates and more inventory could mean an improvement in housing affordability in the new year.
How will our homes evolve in the new year?
Palm Beach County saw an increase in existing-home sales while Miami-Dade and Broward counties saw them fall.
RentCafe analyzed apartment sizes in ZIP codes across the country to determine which areas give the typical renter the most bang for their buck.
An analysis of Google search data put Miami second only to Dubai as the most desirable relocation possibility for those living outside the U.S.
The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.
Detached single-family homes remained the most popular type of housing, making up 79% of all home purchases during the past year.
Last month, homebuyer demand showed its resilience, despite mortgage rates being at a 23-year high and inventory continuing to be limited.
According to a new analysis by PropertyShark, Fisher Island’s 33109 ZIP code is the third-most expensive in the country, with a median home sale price of $5.5 million.
A record number of homesellers are dropping their prices as buyers continue to feel the impact high mortgage rates are having on their wallets.
Existing-home sales slid in Miami-Dade, Broward and Palm Beach counties, while days on market and housing inventory were mixed.
The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.
