Recent Growth Trends in U.S. Cities Recent data from the U.S. Census Bureau says cities of all sizes grew on average from 2023 to 2024 with Southern & Western cities experiencing accelerated growth. Across the country, cities with populations fewer than 5k grew by 0.3% on average, compared with average growth rates of 1% for […]
The population of the United States experiences growth in all regions. Read More »
Investor Purchases of Condos Decline, Redfin Reports A recent report from Redin reveals that investor purchases of condos have dropped by 3% year over year, marking the lowest level in a decade. This decline is primarily attributed to investors pulling back from the Florida market. The slowing condo market has raised concerns among buyers about
The Rise of House-Sharing: A Growing Trend Among All Age Groups According to recent research from the NAHBâs Eye on Housing, a record-high 6.8 million households shared their housing with unrelated housemates, roommates or boarders in 2023. Interestingly, they point out that the number of households sharing housing with nonrelatives had been rising steadily since
Record High Number of House Sharing Households Reported Read More »
CNBC Reports Rocket Companies Acquisition of Redfin CNBC is reporting that Rocket Companies is acquiring Redfin in an all-stock deal worth $1.75 billion. The deal is expected to close in 2nd or 3rd quarter of this year. Comparing the two companies, CNBC says Redfin operates a home search platform with more than 1 million for-sale
Rocket acquires Redfin in a $1.75 billion agreement Read More »
NAR Reports 2% Increase in Pending Home Sales for February 2025 The National Association of Realtors is reporting that pending home sales rose 2% in in February, 2025. The NARâs Pending Home Sales Index (a forward-looking indicator based on contract signings) came in at 72 in February. Year-over-year, contract signings dropped in all four U.S.
February sees a 2% increase in pending home sales Read More »
ATTOM’s 2024 U.S. Home Flipping Report According to ATTOMâs year-end 2024 U.S. Home Flipping Report, 297,885 single-family houses and condominiums were flipped in 2024. That figure is down 7.7% from 322,782 in 2023 and 32.4% from a recent peak of nearly 441k reached in 2022.  In addition, the report further says that as the number
NAR Reports Increase in Existing Home Sales The National Association of Realtors is reporting that existing home sales were up 4.2% in February to a seasonally-adjusted annual rate of 4.26 million â down 1.2% year over year. Total housing inventory at the end of February was 1.24 million units, up 5.1% from January and up
February saw a 4.2% increase in existing home sales. Read More »
U.S. Housing Starts and Permits Report for February 2025 The U.S. government is reporting that privatelyâowned housing starts in February, 2025 were at a seasonally adjusted annual rate of 1,501,000, which is 11.2% higher than Januaryâs revised number and is 2.9% lower than one year ago. Februaryâs rate for units in buildings with five units
According to the latest Federal Housing Finance Agencyâs (FHFA) House Price Index (HPI), home prices were up 4.5% from December 2023 to December 2024, after rising 0.4% in December. The FHFA HPI is the nationâs only collection of public, freely available house price indexes that measure changes in single-family home values based on data from
FHFA reports that home prices have increased by 4.5% compared to last year. Read More »
Top 15 Fastest Growing States We’ve seen a lot of recent posts about where people are moving to & from. Today’s graphic from Realtor.com shows us the top 15 states with the fastest growing populations. They say last year the U.S. saw its population surge at its highest rate since 2001, overwhelmingly driven by an