Housing Market Hotness Index Jun 09, 2024
The Housing Market Hotness Index is stalled as high rates and limited supply put housing activity on hold.
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Housing Market
The Spring Housing Market of 2024 Resembles That of 2023
The 2024 spring housing market is now in full swing, but is echoing the trends of 2023: scarce inventory, high mortgage rates, and homebuyers competing for few options.
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Housing Market Hotness Index Jun 02, 2024
The Housing Market Hotness Index is stalled as high rates and limited supply put housing activity on hold.
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Housing Market Hotness Index May 26, 2024
The Housing Market Hotness Index is stalled as high rates and limited supply put housing activity on hold.
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Housing Market Hotness Index May 19, 2024
The housing market hotness index remains steady in the stable zone, showing little movement as high mortgage rates and low supply continue to dominate the market.
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Can Backyard Cottages Unlock America’s Housing Crisis?
ADUs: Are they the answer for housing woes? Arizona joins trend of allowing granny flats on properties. While they promise affordability and extra income, concerns linger about costs, disruption, and community impact. Are they a realistic answer? Click to find out.
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Mortgage Rates and Demographics are Shaping the Current Housing Market
The housing market boomed during the pandemic years and now seems to be in a frozen state. Is it the employment landscape, inflation, or could it be the simultaneous rapid surge in mortgage rates and home prices over the past three years in combination with the demographic trends?
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Fewer Rate Cuts, Fewer New Homes?
Rising mortgage rates and revised expectations of fewer rate cuts in 2024 are discouraging homebuilders and likely leading to a decline in new housing construction, which could further tighten housing inventory and keep prices on the rise.
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Housing Market Hotness Index May 12, 2024
The value of the Market Hotness Index* was 103.83 for the week ending May 12th, 2024. The index has been tracking in a narrow range as the housing market remains in the grip of elevated rates and low supply.
The hottest county for the week ending May 12th, 2024, is Fairfax County, VA.
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Housing Market Hotness Index May 05, 2024
The value of the Market Hotness Index* was 103.01 for the week ending May 05th, 2024, compared to 103.56 in the previous week.
The hottest county for the week ending May 05th, 2024, is Fairfax County, VA.
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