There are plenty of headlines these days calling for a housing market crash. But the truth is, they’re not telling the full story. Here’s what’s actually happening, and what the experts project for home prices over the next 5 years. And spoiler alert – it’s not a crash. Full article here: The Truth About Where Home Prices Are Heading (512) 853-0110...
The sweeping tax reform signed into law on July 4 by President Donald Trump, includes significant wins for the real estate professionals, consumers and the economy. In many cases, the National Association of REALTORS® has been working for years on legislative priorities included in the final package. These provisions form the backbone of the real estate economy—from supporting first-time and...
After years of historically-low housing supply, housing inventory is finally rising across much of the United States. This recent increase — largely driven by the construction boom during the COVID-19 years, when mortgage rates hovered at record lows — has led to modest improvement in affordability in several markets. Full article here: Housing Affordability and Supply (512) 853-0110...
Home values are up roughly 50% in five years, leaving households with $35trillion in equity. Of that amount, homeowners who have a mortgage have $11trillion in 'tappable equity' – money that can be borrowed against while leaving a 20% equity buffer in the home. Full article here: Americans are awash in home equity (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open...
There were 743,000 (SAAR) new single-family home sales nationwide in April. That’s a 10.9% increase from the revised March rate of 670,000. Sales of newly built homes are 3.3% above the April 2024 estimate, according to the U.S. Census Bureau. The median price of new houses sold was $407,200, down 2.0% from a year ago. Full article here: April 2025: Despite The Headwinds, New Home Sales Blow Past...
Homeowners are the clear winners in the housing market, continuing to experience strong appreciation as home prices remain on a steady upward march nationwide. Some markets are still seeing double-digit gains. “Most metro markets continue to set new record highs for home prices,” says NAR Chief Economist Lawrence Yun, noting that more than 80% of metro areas saw home price increases in the first...
Housing’s share of the economy grew to 16.4% in the first quarter of 2025, according to the advance estimate of GDP produced by the Bureau of Economic Analysis. This is the highest reading since the third quarter of 2022 and is up 0.2 percentage points from the fourth quarter of 2024. Full article here: Housing’s Share of the Economy Grows Higher to Start the Year (512) 853-0110...
Existing-home sales have lagged over the past two years, while new-home sales have surged—highlighting a key dynamic: Buyer demand remains strong when inventory is available. “That may begin to shift,” says Lawrence Yun, NAR’s chief economist. “As time passes, life events—such as job changes, family transitions or financial needs—could prompt more homeowners to sell, even if it means...
A record-high 6.8 million households shared their housing with unrelated housemates, roommates or boarders in 2023. While college-age and young adults make up the largest subset of house sharers (close to 41%), this type of living arrangement is gaining popularity among older householders fastest, with the 55+ segment accounting for 30% of all house-sharing households in 2023. Full article here:...
A modest decline in mortgage rates and lean existing inventory helped boost new home sales in March even as builders and consumers contend with uncertain market conditions. Sales of newly built, single-family homes in March increased 7.4% to a 724,000 seasonally adjusted annual rate from a revised January number. Full article here: New Home Sales Rise in March (512) 853-0110...
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