Market Forecast
Market Forecasts
VeroFORECAST Quarterly U.S. Housing Market Outlook Q4 2023-Q4 2024
Market Forecasts
VeroFORECAST Quarterly U.S. Housing Market Outlook Q3 2023-Q3 2024
Market Forecasts
VeroFORECAST Quarterly U.S. Housing Market Outlook Q2 2023-Q2 2024
Market Forecasts
VeroFORECAST Quarterly U.S. Housing Market Outlook Q1 2023-Q1 2024
Housing Market
March 2024 Sees Increase in Inflation, Suggesting Continuation of Rate Holds
Veros' Economic Team April 10, 2024
March 2024 saw a 3.5% rise in consumer prices, exceeding expectations and fueling discussions on the Federal Reserve's interest rate policy.
Fewer Rate Cuts, Fewer New Homes?
Veros' Economic Team April 16, 2024
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, ...
Housing Market Hotness Index April 07, 2024
Veros' Economic Team April 15, 2024
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 ...
Economy
Robust Jobs Data Dampens Expectations for Fed Rate Cuts
Veros' Economic Team
Unemployment dipped in March 2024, indicating that the labor market has remained resilient despite the Fed rate hikes.
March 2024 Sees Increase in Inflation, Suggesting Continuation of Rate Holds
Veros' Economic Team
March 2024 saw a 3.5% rise in consumer prices, exceeding expectations and fueling discussions on the Federal Reserve's interest rate policy.
Inflation, Mortgage Rates, and the Lock-in Effect
Veros' Economic Team
After the December 2023 meeting, many investors and analysts had predicted six rate cuts and rapidly declining mortgage rates that would not only ease supply ...
Local Markets
Surging insurance premiums and HOA fees slow down Florida’s Housing Market
Veros' Economic Team
Average yearly home insurance premiums in Florida surged to over $4,231 in 2022 from $2,165 in 2020, according to data from the Insurance Information Institute ...
Why Homebuyer Interest is Shifting to the Northeast and Midwest
Veros' Economic Team
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 ...
Who Owns Mortgage-Free Homes and Where?
Veros' Economic Team
While everyone's buzzing about those lucky homeowners with ultra-low mortgage rates, millions of homeowners are quietly celebrating a different kind of financial freedom: ditching their ...
Technology
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 ...
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