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Housing Market

Sun Belt leads sales volume but posts nation’s lowest absorption rate

Arizona, Artificial Intelligence, Atlanta, Boston, California, Dallas, Florida, Georgia, Housing Market, Houston, Los Angeles, Miami, Mortgage, New York, New York City, Phoenix, Pittsburgh, Real Estate, San Francisco, Seattle, Texas, West Coast /

The Sun Belt region continues to dominate the U.S. housing market in raw transaction volume, recording 25,857 weekly home sales across its metropolitan areas, nearly six times the Northeast’s 4,452 sales and more than double the West’s 11,061 transactions. However, this sales advantage masks a market efficiency gap. The Sun Belt’s inventory of 353,916 properties […]

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US birth rate hits record low, housing costs weigh on family planning

Affordability, Homebuying, Homeownership, Housing Market, HWmember, Real Estate, Realtor.com /

The U.S. birth rate fell to an historic low in 2024, continuing a nearly two-decade decline that researchers say is shaped in part by rising housing costs. The Centers for Disease Control and Prevention reported that the national fertility rate dropped below 1.6 children per woman last year. The replacement level — or rate needed

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Have lower mortgage rates already changed the housing market?

Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications /

Mortgage rates fell to almost 6% just before the Fed announcement on rate cuts, then rose slightly to close out the week. Have lower mortgage rates already changed the housing market? Yes. Housing data started to change in our weekly Housing Market Tracker in mid-June and I’m writing this weekend’s tracker a bit differently to

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Help exists for cash-strapped homebuyers — but many don’t know it

Affordability, Appraisal Institute, Covid-19, Down Payment Assistance, First-Time Homebuyers, Home Prices, Homebuying, Housing Market, HWmember, Inflation, Mortgage Rates, National Association of Realtors /

As home prices and mortgage rates continue to stretch budgets, many would-be homebuyers are wondering if they’ll ever be able to make the jump. Industry professionals say that creative financing tools and professional guidance can make homeownership more attainable, but a lack of awareness continues to stand in the way. Three voices from different corners

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Canadians are cooling on the U.S. housing market

Canada, Florida, Housing Market, HWmember, International buyers, National Association of Realtors, Redfin /

Between April 2024 and March 2025, Canadian homebuyers spent $6.2 billion on U.S. real estate purchases, making up 14% of all foreign homebuyers, according to data from the National Association of Realtors (NAR).  While the total spend of Canadian buyers is up from $4.4 billion in the prior 12-month period, data from Redfin, which was

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Houston Home Values Provide Competitive Edge in Texas

Artificial Intelligence, Austin, Dallas, Data & Analytics, Housing Market, Housing Market Data, Houston, Real Estate, San Antonio, Texas /

Houston’s housing market maintains a competitive edge in affordability while still showing a slight seller’s advantage, according to the latest HW Data. With a median listing price of $351,900, Houston presents a value opportunity for buyers priced out of Dallas and Austin markets. Inventory and pricing vary significantly across Texas metros The Houston metro area

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$67K to sell a home? Consumers drastically underestimate the costs

Affordability, Data & Visuals, Existing home sales, Home Prices, Home Sales, Housing Market, HWmember, National Association of Realtors /

Home sellers expect to spend about $18,500 on expenses, but the actual cost is more than $67,000, according to a new report from Clever Offers, a platform owned by Clever Real Estate. The report found that on average, recent sellers spent: $21,024 on pre- and post-listing repairs and improvements $14,204 on seller’s agent commission $13,691

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Household income climbs in some big cities, outweighed by inflation in others

Affordability, California, Data & Visuals, Florida, Home Price Appreciation, Home Prices, Housing Market, HWmember, Inflation, Minneapolis, Minnesota, SmartAsset, Tampa /

Household income in the U.S. rose slightly in 2024, but the picture looks very different depending on where you live. The national median income reached $83,730 last year, up 1.3% from 2023, according to a new report from online fintech company SmartAsset. That modest increase failed to keep pace with the roughly 3% inflation rate,

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Mortgage rates go wild following Fed rate cut and Powell remarks

Federal Reserve, Housing Market, HWmember, Jobs Report, Mortgage Rates, Purchase Applications /

Mortgage rates have had a wild ride since Fed Chair Jerome Powell started talking at the Fed press event Wednesday, rising 15 basis points today. However, I think the bond market responded appropriately after the Fed meeting, and on Thursday morning. Why? Even though the Fed lowered rates, the tone of the press conference was

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