Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.

The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

Those looking to buy a house will be paying a premium as inventory continues to be an issue.

Despite a notable increase in rental competition in the Midwest, Miami held onto its spot as the No. 1 most competitive market in the United States during peak rental season.

Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.

Despite the area’s recent FEMA designation as a Special Flood Hazard Area, Fort Myers’ population has grown by 8.1% since 2020.

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

Pending sales were up 2% year over year, while showing appointments were up 8%. While not all pending sales close, the metric is a good indicator of future transactions.

Two weeks after housing inventory turned negative, home prices posted a healthy increase, MarketNsight said. 

First-timers made up 45% of buyers in 2022 and 37% in 2021.

High mortgage rates and limited inventory continued to weigh on sales activity, National Association of REALTORS®Chief Economist Lawrence Yun said. 

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Florida is one of the best states to live in this year, according to a new report from WalletHub.

Experts predict that Miami will be one of the most populated places in America by 2100. But can the metro actually handle all that growth?