The value of the Market Hotness Index* was 103.56 for the week ending April 7th, 2024, compared to 103.13 in the previous week. The index value improved marginally as the housing market adjusts to elevated rates.
Housing Market Hotness Index April 07, 2024 Read More »
Even with high prices and mortgage rates, the housing market continues to see an upward price trend, fueled by strong competition among homebuyers regardless of limited inventory. Additionally, the entry of millennials into their prime home-buying years is contributing to increased demand.
Amid High Rates and Prices, VeroFORECAST Projects Moderate House Price Increases Read More »
The index posts another modest gain as market warms up.
Housing Market Hotness Index March 31, 2024 Read More »
The housing market is trending warmer, with the index value increasing modestly over the previous week’s reading.
Housing Market Hotness Index March 24, 2024 Read More »
The February 2024 updated study by Veros Real Estate Solutions (Veros) examines the influence of historical redlining on modern automated valuation models (AVMs) in the housing market. In their update, researchers expand their analysis to five additional metropolitan areas in the United States.
2024 Veros’ Study Update on “Does Historical Redlining Influence Today’s AVM Estimates” Read More »
In a landscape characterized by constrained housing supply and diminished affordability, prospective first-time homebuyers find themselves navigating heightened competition with investors for the limited pool of affordable or low priced homes available on the market.
Investors Turn Attention to Low-Priced Housing Opportunities Read More »
The housing market is trending warmer, with the index value increasing modestly over the previous week’s reading.
Housing Market Hotness Index March 17, 2024 Read More »
The housing market appears to be thawing from the winter freeze. The market hotness index for the week ending March 03, 2024, continues to trend up.
Housing Market Hotness Index March 10, 2024 Read More »
Media channels are currently abuzz with discussions surrounding baby boomers and homeownership, citing them as a key factor contributing to the constrained housing supply. In 2022, a third of all owner-occupied homes are owned by those 65 years or older.
Baby Boomers’ Housing Boom Read More »
In 2023, a lawsuit argued that the NAR and two big brokerage firms were working together to keep these commissions high, making it more expensive for people to buy and sell houses. What does this mean for the housing market?
Understanding the lawsuit against NAR’s Commissions in Simple Terms Read More »
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