Market Trends

Even though home price growth has fallen into the single digits, January posted positive gains for the one-hundred and thirty-second consecutive month.

The last time the market saw these levels was before the pandemic. Click through to see how far investor activity fell.

The 13th Annual Five Star Government Forum is set for next week in our nation’s capital, bringing together mortgage servicing leadership and government agency reps to discuss the industry’s most pressing issues and work toward solutions.

Zillow's latest survey forecasts U.S. home values to remain nearly flat, rising just 0.2% over the course of 2023, with California to expected to experience the biggest declines.

“One of the most cost-effective states to live in, according to the study, is South Dakota. The state offers many natural wonders, including the famous Mount Rushmore National Memorial, the Badlands National Park, and the Black Hills National Forest,” United Region Van Lines said.

“Housing affordability is at the lowest level in history, which will widen the wealth gap—especially between millennials,” said Redfin Deputy Chief Economist Taylor Marr.

Buyers in some locations have been met with better-than-expected inventory numbers as inventory has recovered nearly 70% year-over-year.

A new report from the National Association of Realtors revealed Black homeownership rates have not kept pace with increases of other racial groups, as Black homeowners and renters are more cost-burdened than any other racial group.

“Even though the length of time Americans are staying in their homes has ticked down from the peak it reached in 2020, it’s likely to head back up again in the next few years,” said Redfin Senior Economist Sheharyar Bokhari.

According to a new report from HouseCanary, signs of a market rebound earlier this year retreated in February.