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Tag Archives: Realtor.com

Forecast: Finding the Top Housing Markets for 2024

Affordability may make a resurgence in 2024, and markets such as Toledo, Ohio; Oxnard, California; and Rochester, New York are being singled out as potential hot markets. Here are the other markets that are primed to perform next year.

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Pending Sales Dropped in all Regions YoY

Month-over-month, contract signings intensified in the Northeast but diminished in multiple other U.S. regions. First American Deputy Chief Economist Odeta Kushi commented, “While there remains quite a bit of demand for homes on the sidelines, you can't buy what's not for sale, even if you can afford it.”

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October Home Prices Hold Steady

Amid a larger inventory drought and increasing mortgage rates, Realtor.com reported that October home prices held steady from the previous month. But is the number of homes actively for sale following suit?

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Fed Holds Nominal Interest Rates Steady

The Federal Reserve’s Open Market Committee (FOMC) chose to forgo the opportunity to raise the central bank’s nominal interest rate at the conclusion of their October/November meeting, a repeat of the action the committee last took in September.

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Rents Fall for Fifth-Straight Month

Although completed multifamily units drove down rent prices for the fifth month in a row, short vacancy times reveal just how high demand is for these units. Here’s what the landscape looks like according to a new report.

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