Economy
EconomyHousing Market
Home Buyers on the Fence: Low Rates, High Hesitation
EconomyHousing Market
Will a Fed Rate Cut Save the Housing Market?
EconomyMarket Forecasts
Unemployment Rate Outlook for 2024 Predicts a Gradual Cooling
EconomyHousing Market
House Prices Rise Despite High Mortgage Rates
Housing Market
House Prices Have to Come Down Soon? … Something Else is More Likely
Eric Fox
Despite a mismatch between incomes and home prices, a housing market crash is unlikely because of strong lending standards, limited foreclosures, and constrained supply. The ...
The Housing Market Recovery That Did Not Happen
Reena Agrawal
Many in the housing industry anticipated that the Fed would implement multiple rate cuts in 2024, leading to lower mortgage ...
Housing Market Hotness Index Oct 27, 2024
Reena Agrawal
The U.S. housing market continues to cool due to high-interest rates and elevated home prices.
Local Markets
Inventory Ups and Downs
Reena Agrawal
While overall housing inventory has grown compared to recent years, it is only part of the story. Inventory levels have ...
Why Homebuyer Interest is Shifting to the Northeast and Midwest
Reena Agrawal
In the dynamic landscape of the real estate market, the patterns of homebuyer interest are undergoing a transformation. Buyers are veering away from the traditionally ...
How do Hurricanes Impact Home Prices?
Reena Agrawal
Discover how hurricanes impact home prices. This study analyzes the effects of major hurricanes on housing markets, revealing surprising trends. Learn about the factors influencing ...
Technology
Advancements in Eliminating Bias in Real Estate Valuations
Guest Author
Standardization, diversity, and regulatory reform: impactful steps in eliminating bias in real estate valuations.
Modern Technology for Eco-Friendly Living
Veros' Economic Team
Home buyers are seeking homes that could potentially reduce their carbon footprints according to a study by the National Association of Realtors. According to this ...
Unlocking the Potential of AI: From Sci-Fi to Reality
Veros' Economic Team
In the housing sector, AI is transforming the industry in numerous ways, from streamlining the search for your dream home to predicting market trends and ...
Technology Can Help Provide Accurate and Fair Home Valuations
Veros' Economic Team
As with any new technology, there are also potential risks associated with its use in the housing industry. For example, there is a risk that ...
Testing for Racial Bias in AVM Valuations
Reena Agrawal
Several studies have examined the issue of racial bias in Automated Valuation Models (AVMs) by analyzing various measurements of AVM valuation errors in relation to ...
Market Forecasts
VeroFORECAST Q3 2024: Understanding Market Trends
Matthew Bozorogi
Veros’ Q3 2024 VeroFORECAST has been released, and it reveals an appreciation in the housing market for the next 12 months. This is an exciting ...
Unemployment Rate Outlook for 2024 Predicts a Gradual Cooling
Reena Agrawal
Veros’ forecast predicts the national unemployment rate to rise to 4.4% by end of 2024, reflecting a gradual cooling down ...
2024 Inflation Outlook Anticipates Stubborn Inflation
Reena Agrawal
Inflation remains stubbornly high, putting pressure on the Federal Reserve. Learn about the latest inflation trends and the potential for interest rate cuts.
2024 Mortgage Rate Outlook Anticipates Persisting High Rates
Reena Agrawal
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 ...
VeroFORECAST Quarterly U.S. Housing Market Outlook Q4 2023-Q4 2024
Veros' Economic Team
Per the Q4 2024 Veros Real Estate Solutions (Veros®) VeroFORECAST, the 2023 housing market challenges are expected to persist into 2024, characterized by low supply ...
VeroFORECAST Quarterly U.S. Housing Market Outlook Q3 2023-Q3 2024
Veros' Economic Team
Veros Real Estate Solutions' (Veros®) Q3 2023 VeroFORECAST projects a 2.2% average increase in home prices over the next 12 months, indicating a steady market. ...
VeroFORECAST Quarterly U.S. Housing Market Outlook Q2 2023-Q2 2024
Veros' Economic Team
Veros Real Estate Solutions' (Veros®) Q2 2023 VeroFORECAST reveals a strengthening housing market with an anticipated 1.7% average increase in home prices over the next ...
VeroFORECAST Quarterly U.S. Housing Market Outlook Q1 2023-Q1 2024
Veros' Economic Team
Veros Real Estate Solutions' (Veros®) Q1 2023 VeroFORECAST anticipates a flat overall housing market for the next 12 months, showing a slight improvement from the ...
The Spring Housing Market 2023
Veros' Economic Team
In the latter half of 2022, the housing market was characterized by low inventory and reduced affordability, primarily due to high prices and mortgage rates. ...
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