The onset of COVID-19 pandemic in March 2020 set off a wave of domestic migration that reoriented housing markets across the country, turning some metro areas into boomtowns and sinking a number of others. The prevailing narrative around this phenomenon took on a life of its own — a mass exodus from urban cities in […]
Where does the housing market stand 5 years after the ‘flight to the suburbs’? Read More »
Industry professionals were full of optimism heading into the spring that the housing market could pick up after a sluggish start to 2025. But heading into the summer, that optimism has largely faded. Existing-home sales are hovering around 4 million and many markets that are typically fruitful for homebuilders have stalled. In its midyear housing
Two maps that show where the housing market is struggling Read More »
The U.S. housing market is telling two very different stories as pandemic-era boomtowns are cooling rapidly while the Sun Belt’s long-term growth outlook remains strong, according to John Burns Research & Consulting. A surge in available homes is reshaping the market in regions that saw the fastest growth during the COVID-19 pandemic. Nationally, the number
Sun Belt holds long-term housing edge even as pandemic boomtowns struggle Read More »
As the spring homebuying season ramps up, prospective buyers in the Northeast are facing fierce competition, while shoppers in the Sun Belt are finding more negotiating power, according to new data from Zillow. The analysis released Thursday shows a stark contrast between markets. In cities like Buffalo, New York; Boston; Hartford, Connecticut; and Providence, Rhode
Zillow: Northeast housing competition heats up while Sun Belt offers breathing room Read More »
Prospective homebuyers are holding off on purchases, waiting for lower prices and mortgage rates despite the rising costs of homeownership, according to the 2025 Bank of America Homebuyer Insights Report. Further analysis of the report, conducted by the Bank of America Institute, shows that three in four respondents expect home prices and interest rates to
Potential homebuyers are waiting for prices to fall Read More »
Agent Janice Pouch had a listing go up in February for a single-family house in a desirable part of Washington, D.C., where homes typically don’t last long. She had no reason to think that wouldn’t be the case this time either, especially after a packed open house during its first weekend on the market. Instead,
DOGE effect? Housing inventory in DC is rising faster than the rest of the country Read More »
President Donald Trump has made deregulation a policy pillar for his second term — and housing regulations are up for review. Homebuilders say that federal rules have driven up the cost of building a home. Many mortgage professionals want to release Fannie Mae and Freddie Mac from conservatorship. And there were no shortage of complaints
Where land-use regulations are driving up housing costs Read More »
To start things off, I have an announcement to make, today will be my last weekly article for Altos Research. I founded Altos nearly 20 years ago to bring a new level of analytics and data to the housing market. Two and a half years ago, Altos was acquired by HousingWire, and it’s been tremendously
Inventory back to 2019 levels and what that means for 2025 Read More »
The weekly pending home sales picked up this week as expected, with 2.6% more pending home sales contracts started than a year ago. If you’re following the data closely, you know that home sales are still running at or below last year’s pace. Year to date, through the first week of May, we count 3%
More home sellers and home sales in May Read More »
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