Austin Expected to be Nation’s Hottest Housing Market in 2021, Leading a Sunbelt Surge
Austin and a lineup of sunny, affordable metro areas are most likely to outperform the nation in home value growth in 2021, according to experts.
Market Trends
Mortgage Rates Continue to Drift Higher, but will the Trend Hold?
The path forward for mortgage rates will be dictated by our ability to contain and treat COVID-19, as well as improvement in the labor markets.
Pandemic Year Brought Incredible Surge in ‘Million-Dollar Cities’
In 312 cities and towns nationwide, the typical home is worth a cool $1 million or more -- up 45 from a year ago and an increase of 104 from five years ago.
Mortgage Rates Set to End 2020 At Lowest Levels Ever
Mortgage rates look set to end 2020 at record-low levels that were unfathomable just a few years ago.
October Case-Shiller Results & November Forecast: Nothing Short of Remarkable
In many places, home prices are growing (by some measures) at their fastest pace in decades.
2020 Housing Data in Review: How Housing Went from Solid, to Stuck, to Soaring in 12 Months
The global pandemic weighed heavy on 2020, but the for-sale residential real estate market was a source of optimism and opportunity for many.
November New Home Sales: Relatively Weak, but Context is Everything
Compared to recent levels, an annualized pace of 841,000 sales is relatively weak. But November new home sales were higher than in any single month in 2019.
November Existing Home Sales: Enduring Strength Headed into 2021
The pace of existing home sales may have cooled in November from October’s red-hot pace, but the housing market remains strong headed into 2021.
Home Value Disparities Between Races Are Shrinking, but Remain Very Wide
The typical home owned by Black and Latinx homeowners is 16.2% and 10.2% less valuable, respectively, than the typical U.S. home overall.
Bold 2021 Predictions: A Stronger Housing Market Across the Board
The for-sale housing market showed incredible strength in 2020, and we expect 2021 will be even stronger.
