The housing market is thawing as an increasing number of 'mortgage lock' homes go up for sale, JPMorgan says

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Fitch Ratings found that homes in 91% of US metro areas were overvalued in the third quarter.
Fitch Ratings found that homes in 91% of US metro areas were overvalued in the third quarter.

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Homebuyers need to earn 87% more than in pre-COVID years to afford a starter home, Redfin says

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The sharp rise in US immigration explains why the labor market is so loose and the housing market is so tight, JPMorgan says

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A &quotNow Hiring" sign posted in the window of a restaurant looking to hire workers on May 5, 2023, in Miami.

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The housing market's inventory crisis is finally easing

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Housing market recovery

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The US wants to boost affordable housing by using billions in unspent COVID aid

Tech Insider : Economy
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Declining boomer ownership will free up 9.2 million homes by 2035, Freddie Mac says

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Boomers can use the equity in their current homes to buy a new house.
Boomers can use the equity in their current homes to buy a new house.

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Baby boomers are driving the trend of Americans staying in their homes for twice as long as they did 2 decades ago

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Couple in front of a house.
Boomers are unlikely to downsize given the current affordability conditions, Redfin said.

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The housing market will take off in a 2024 renaissance as construction, demand are set to surge, National Association of Home Builders CEO says

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Housing market recovery

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The housing market is breaking out of mortgage rate lock as a wave of sellers look poised to list their homes in the coming years, Zillow says

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The housing market is starting to break free from
The housing market is starting to break free from "rate lock," Zillow economists said.

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Home prices will fall as 'silver tsunami' of baby boomers to unload fresh housing supply, top Wall Street forecaster says

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meredith whitney

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