Advancements in Eliminating Bias in Real Estate Valuations
Standardization, diversity, and regulatory reform: impactful steps in eliminating bias in real estate valuations.
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Housing Market
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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2024 Mortgage Rate Outlook Anticipates Persisting High Rates
30-year mortgage rates are expected to hold near 6.5%-7% by the end of 2024. This means borrowing costs for home purchases are likely to remain elevated. Additionally, with most housing markets projected to see steady or increasing home prices, affordability challenges are expected to persist.
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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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Buyer Leverage Grows in Previously Hot Florida and Texas Markets
The Florida and Texas housing markets, once scorching hot, are showing signs of cooling. Rising costs, taxes, and mortgage rates are squeezing affordability, while inventory climbs back to pre-pandemic levels. Learn more
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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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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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Housing Market Hotness Index April 28, 2024
The value of the Market Hotness Index* was 103.56 for the week ending April 28th, 2024, compared to 103.88 in the previous week. The hottest county for the week ending April 28th, 2024, is Monroe County, NY.
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Buyers Head to the Northeast as Rates Climb
Despite rising mortgage rates and home prices, strong job markets and low inventory are fueling continued home price increases, especially in the Northeast cities.
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