Tag Archives: home shoppers

While mortgage rates have moderated, housing market challenges such as affordability and rising home prices continue to hinder homebuyers nationwide.

According to a recent Realtor.com survey, more than half of all first-time homebuyers indicated that now is a good time to buy, as moderating price growth and mortgage rates are expected to help improve affordability throughout 2024.

Inventory levels are improving, and home sellers were more active this December, according to Realtor.com's Monthly Housing Market Trends Report. With the number of homes for sale growing year-over-year, experts anticipate that more new listings will enter the market in 2024.

As sky-high mortgage rates continue to hamper potential homebuyers, smaller markets are the star of the show in the Wall Street Journal and Realtor.com's latest Emerging Housing Markets Index, offering more affordability and job opportunities.

A new survey from Realtor.com revealed that an estimated one-third of prospective homebuyers have moved in with parents or other family members, in hopes of saving money to purchase a home this year.

For the first time on record, Myrtle Beach, South Carolina, has made it onto the list of most popular migration destinations, as homebuyers continue to flock to warmer, more affordable cities like Las Vegas and Sacramento.

The Hottest ZIP Codes of 2023 report from Realtor.com showed that homebuyers are seeking areas with larger homes and closer proximities to work, with many Americans flocking to areas that are more affordable relative to the rest of the country and less expensive than their nearby metro areas.

More U.S. home shoppers are looking for homes in areas other than where they live, according to a Q2 analysis of Realtor.com listings.

With nearly 26% fewer homes newly listed for sale compared to last year, active inventory slowed for the fourth month in a row, according to the Realtor.com Monthly Housing Trends Report for June.

Active listings surged 33.5% year-over-year to the highest level since 2020, while the median list price grew by 13.3% in October. New data from Realtor.com's October 2022 Monthly Housing Market Trends Report reveals how these numbers are shifting.