“I believe we could get started in earnest next year on the price decline and see a rather large drop historically speaking, but still think it could take several years to bottom,” she told Newsweek (4).Wright believes the coming correction could take several years to fully play out, but she thinks the downturn could begin as early as 2026.There are already hints of a shift. Zillow recently reported that 53% of U.S. homes lost value over the past year — the highest share since 2012 — with an average drawdow ...

The average U.S. home currently costs $360,727 according to Zillow, but that number could climb significantly if mortgage rates drop to 5% in 2026. While most forecasters predict rates ending next year around 5.9% to 6%, even that modest decline could unlock major buyer demand — and push prices higher than current projections suggest. Read Next: 7 Cities With Homes Expected To Plummet in Value in the Second Half of 2025 Check Out: 7 Wealth-Building Shortcuts Proven To Add $1K to Your Wallet This Month Her ...

HOUSTON--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas), Comerica Bank and New Hope Housing (NHH) joined community leaders Tuesday to celebrate the grand opening of NHH Ennis, a new affordable housing community for seniors in Houston, Texas. The development, located in the East Downtown (EaDo) neighborhood, was made possible in part by an $850,000 FHLB Dallas Affordable Housing Program (AHP) grant awarded through FHLB Dallas member Comerica Bank. Located in a neighborhood w. ...

Core Insights - Existing home transactions increased by 1.2% from September, reaching an annualized rate of 4.1 million, with first-time buyers making up 32% of purchases, up from 27% a year earlier [2][4] - The rise in sales occurred despite the longest federal government shutdown on record, which impacted rural lending programs and flood insurance applications [3][4] - Lower mortgage rates and increased inventory contributed to the sales increase, with regional variations in buyer activity influenced by local supply conditions [6][7] Regional Performance - The Midwest experienced the highest sales increase at 5.3%, with a median sales price of $319,500, making homes more affordable compared to other regions [7] - Southern states saw a modest gain of 0.5%, while the Northeast remained flat and Western states experienced a decline of 1.3% [7] - Year-over-year sales comparisons showed increases of 4.3% in the Northeast, 2.8% in the South, and 2.1% in the Midwest, while the West saw a decrease of 2.6% compared to October 2024 [8] Buyer Dynamics - First-time buyers are facing supply pressures in the Northeast and high prices in the West, while conditions are more favorable in the Midwest and South due to better inventory accessibility [5] - The combination of lower mortgage rates and more inventory than a year ago created uneven market dynamics across the country, leading to stronger interest in some markets and softer demand in others [6]

Housing prices in Florida could increase by 9% if a proposal to eliminate property taxes is approved. THEPALMER / Getty Images Close Key Takeaways Residents of one state could see a big jump in their home value if voters make a key change to property tax collections. Florida Gov. Ron DeSantis has proposed eliminating or reducing property taxes for Florida homeowners who live on the property as their primary residence. The cut would immediately benefit homeowners, whose property tax obligations are priced in ...

Joining me now is Michael Caneritz. He's the chief investment strategist at Piper Sandler. It's great to see you >> as well.>> Thanks for coming in. Did I characterize that correctly. That's right.And by the way, kudos. What do we [clears throat] call III now. Xan >> Xtel.>> Thank you. Number one strategist for that call all year long that there's something bigger taking place here. So tell us what what that is.>> Sure. You know, the the market's been very focused of course where interest rates are going an ...

SYDNEY, Dec 1 (Reuters) - Australian home prices jumped in November but gains in Sydney and Melbourne slowed, as expectations there would be no interest ​rate cuts anytime soon undermined sentiment in those already expensive markets, property consultant Cotality said ‌on Monday. Home prices nationwide increased 1% in November from October to a median value of A$888,941 ($581,990), ‌slightly slower than the 1.1% gain the previous month, according to figures from Cotality, formerly CoreLogic. Prices have ri ...

Fact checked by Suzanne Kvilhaug Drs Producoes / Getty Images The best time to buy your home, experts say, is when you can afford it. Key Takeaways About 1 in 3 Americans want the housing market to crash, according to a new survey, and many renters believe that a crash will allow them to afford a home. Experts warn against trying to time the housing market because lost equity, rising prices, and a dash for homes could offset any potential gains from waiting. Instead, the best thing to do is buy a hom ...

Core Insights - The article provides a comprehensive market analysis focusing on investment opportunities and trends in various sectors [1] Group 1: Market Trends - The analysis highlights significant shifts in market dynamics, particularly in technology and healthcare sectors, indicating a growing interest from investors [1] - There is an observed increase in venture capital investments, with a notable rise of 25% year-over-year in the tech industry [1] Group 2: Investment Opportunities - Emerging markets are identified as key areas for potential growth, with projections suggesting a 15% increase in investment flows over the next year [1] - The report emphasizes the importance of ESG (Environmental, Social, and Governance) criteria in investment decisions, with 70% of investors prioritizing these factors [1] Group 3: Sector Performance - The healthcare sector is performing robustly, with a 10% increase in revenue reported across major companies [1] - The technology sector continues to lead in innovation, with a 30% increase in patent filings compared to the previous year [1]

Core Insights - Home prices are experiencing slower growth, which is unfavorable for both potential buyers and current homeowners [1] - Different data providers report varying price changes, with Cotality estimating a 1.2% increase, Redfin reporting a 3.1% annual gain, and the Federal Housing Finance Agency noting a 3.26% increase year-over-year [2] - Affordability remains a significant issue for many Americans, with the cost of homeownership requiring a substantial portion of median household income [3][4] Market Dynamics - The housing market is exhibiting a "K-shaped economy," where higher-priced homes are seeing increased sales while lower-priced segments are declining [5][6] - Sales of homes priced above $750,000 increased by 5.8% in the first seven months of the year, contrasting with a 3% decline in sales for homes below that price point [6] - Homeowners may feel they have missed a recent market peak, leading to reluctance in selling their properties [6][7] Seller Behavior - There is a backlog of homeowners who are hesitant to sell due to the current market conditions, as they recall recent high sale prices [7] - A significant number of home listings were pulled from the market in September, indicating that sellers prefer to stay put rather than accept lower offers [8]