Houses are about to get a lot Smaller.
The average size of a house has increased by 250% since 1950. A trend which is now going into reverse as affordability constraints and demographic shifts cause American homebuyers to favor smaller houses.
Home Prices are going down again
The median list price for homes declined by -1.1% in July 2023 according to data from Realtor.com. A welcome sign of relief for homebuyers and real estate investors. But will prices keep declining throughout the rest of 2023?
Will New York's Housing Market Crash?
Home prices across New York state continue to increase in 2023 despite large numbers of people fleeing the state. Is this growth in home prices sustainable, or will New York experience a housing crash in coming years?
First Look at July 2023 Housing Inventory. Texas is in trouble.
Inventory levels on the Texas Housing Market surged again in July, suggesting that home prices and rents across the state could be on the decline in the second half of 2023.
10 Cities where Home Prices are still Booming
The Top 10 Cities where Home Prices are still booming in the 2023 Housing Market. These areas, located across states like North Carolina and Tennessee, have managed to keep their housing market growing amid a national housing downturn.
Why the US Housing Market hasn't Crashed yet (repeat of 2008?)
We're now over one year into a US Housing Downturn that started in the middle of 2022, when a combination of sky-high prices, rising interest rates, and an economic slowdown triggered a massive collapse in homebuyer demand that is still ongoing in the middle of 2023.
But despite this collapse
Evictions are surging. Especially in Las Vegas.
Evictions across the US rental market have surged over the last year, most notably in cities like Las Vegas, Houston, and Minneapolis where they're up over 50%.