The fourth quarter of 2023 witnessed a drop in equity-rich properties, signaling a potential shift in the housing market, while seriously underwater mortgages saw a slight increase.
Robust job growth surpasses expectations, marking a strong finish for the labor market in 2023, while the Federal Reserve hints at no further interest rate hikes.
Affordability, remote work constraints, and shifting destination preferences contribute to the decline in homebuyers' relocations.
But challenges like the lock-in effect remain.
Toledo, Ohio, Oxnard, Calif., and Rochester, N.Y. take top spots in annual ranking
Industry insiders share insights on the housing market's future.
October sees a mixed bag for the housing sector, with a rise in building permits and pending sales but a decline in completions and closed home sales.
Nearing $52 trillion, the U.S. housing market has rebounded since 2022 downturn.
