U.S. Real Estate Market

Realtor.com 2025 Housing Forecast

 Mortgage rates are expected to keep mortgage payments essentially unchanged in 2025 despite continued home price growth. With Donald Trump’s victory in the 2024 election, the U.S. housing market could see significant shifts, from regulatory changes to tax policies, and potentially even a recalibration of housing supply and demand dynamics especially since President-elect Trump is a developer...

Single-Family Starts Rebounded in December 2024 To Their Highest Level Since 2021

 Single-family housing starts rebounded in December ending the year with more new construction than in 2023. Despite rising housing inventory coupled with higher uncertainty about the future path of mortgage rates, builders remained cautiously optimistic and ended the year on a strong note. Full article here: Single-Family Starts Rebounded in December 2024 To Their Highest Level Since 2021 (512)...

Three-Quarters of Americans View Homeownership as Part of the American Dream

Though today’s housing market presents a challenge for many hopeful homeowners, a recent Realtor.com® survey reveals that owning a home is still a life goal for many Americans. Roughly two-thirds of Americans have the goal of owning a home and nearly as many (59%) feel that homeownership is achievable for them.  Notably, half of all respondents believe that homeownership is necessary to achieve...

Housing Starts End 2024 on an Up Note

Fueled by solid demand, single-family construction moved higher in December despite several headwinds facing the industry, including high mortgage rates, elevated financing costs for builders and a lack of buildable lots. Overall housing starts increased 15.8% in December to a seasonally adjusted annual rate of 1.50 million units. Full article here: Housing Starts End 2024 on an Up Note (512)...

2025 Housing Market Forecasts

Wondering what to expect when you buy or sell a home this year? Here’s what the experts say lies ahead. Mortgage rates are projected to come down slightly. Home prices are forecast to rise in most areas. And, there will be more homes available for sale. Want to know more about what this could mean for your plans this year? Let’s connect to discuss your 2025 goals.   Full article...

Single-Family Permits Up in November 2024

Over the first eleven months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 912,910. On a year-over-year (YoY) basis, this is an increase of 8.2% over the November 2023 level of 843,654.   Full article here:  Single-Family Permits Up in November 2024 (512) 853-0110...

Are We Heading into a Balanced Market?

If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift  now that inventory is growing? Here’s a breakdown of what you need to know.   Full article here:  Are We Heading into a Balanced Market? (512) 853-0110 or robert@AustinTxHomeSales.com If...

US NEW home sales rise to highest level in more than a year

Sales of new U.S. single-family homes rose to their highest level in more than a year in July as a drop in mortgage rates boosted demand, offering more evidence that the housing market is recovering. New home sales jumped 10.6% to a seasonally adjusted annual rate of 739,000 units last month, the highest level since May 2023, the Commerce Department's Census Bureau said on Friday. It was also the sharpest...

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