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Real Estate

Lack of Homes for Sale Stalls Potential Price Drops

As Americans continue, "grappling with limited purchasing power," according to Redfin Senior Economist Sheharyar Bokhari, housing supply remained below pre-pandemic levels in December, preventing home prices from dropping further as buyers continue to compete for a limited supply of homes for sale.

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Record Office-to-Apartment Conversions Expected in 2024

A prominent trend in renowned U.S. metros like Washington, D.C., New York, and Dallas, a new report revealed the conversion of office buildings into living spaces is projected to surge to a new record high in 2024, having more than quadrupled in the past four years.

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Bipartisan Tax Bill Introduced to Boost Affordable Housing

Senate Finance Committee Chair Ron Wyden and House Ways and Means Committee Chair Jason Smith have announced bipartisan framework that promotes the financial security of working families, and expands affordable housing by enhancing the Low-Income Housing Tax Credit.

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Running the Numbers

For its most recent cover story, MortgagePoint assembled a panel of economists to forecast the top trends and headwinds they expect to define the housing market in 2024.

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