March 2024 Housing Market Update: New Listings spike
Sellers are listing their homes at a higher pace to start 2024 compared to the previous year. And they're also cutting the price more - especially in Florida.
Austin, TX in Free Fall. Home Prices Continue to Drop.
Home Prices continued dropping fast in Austin as well as other parts of Texas in October 2023. Meanwhile, home prices kept surging in the Northeast.
Home Prices drop again in October. 4th Month in a Row.
Home prices dropped again in October 2023 as sellers displayed more urgency to sell their house, particularly in high inventory growth states like Arizona and Florida.
Houses are about to get a lot Smaller.
The average size of a house has increased by 250% since 1950. A trend which is now going into reverse as affordability constraints and demographic shifts cause American homebuyers to favor smaller houses.
Home Prices are going down again
The median list price for homes declined by -1.1% in July 2023 according to data from Realtor.com. A welcome sign of relief for homebuyers and real estate investors. But will prices keep declining throughout the rest of 2023?
Will New York's Housing Market Crash?
Home prices across New York state continue to increase in 2023 despite large numbers of people fleeing the state. Is this growth in home prices sustainable, or will New York experience a housing crash in coming years?
First Look at July 2023 Housing Inventory. Texas is in trouble.
Inventory levels on the Texas Housing Market surged again in July, suggesting that home prices and rents across the state could be on the decline in the second half of 2023.