Home prices could drop for the next 6 months as inventory rises by the biggest margin since the financial crisis, investment strategist says

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An advertisement for a reduced price is seen outside of a home for sale in Dallas, Texas September 24, 2009. REUTERS/Jessica Rinaldi
An advertisement for a reduced price is seen outside of a home for sale in Dallas

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From more inventory to lower prices, here are 3 signs the housing market may be getting better for buyers

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buying home

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2 states where home prices are falling because there are too many houses and not enough buyers

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An aerial view of homes in a suburban development in Central Florida.
A housing development in Orlando.

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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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buying a home

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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 hiring sign
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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Home prices likely to keep rising even as lower mortgage rates bring more supply, according to BofA

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House sold sign
Attorney-opinion letters could save homebuyers thousands of dollars in closing costs.

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The housing market's inventory crisis is finally easing

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Housing market recovery

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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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Home prices are 65% higher in places with high-risk air quality as climate change warps the housing market

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Climate change risks are warping the housing market
Climate change risks are warping the housing market.

Mike Eliason/Santa Barbara County Fire Department via AP

Spring home buying season is near. Real estate pros say this year's rush could push prices up 5% after a weak 2023.

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housing market neighborhood

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