Tara Salcedoner

Current State of the Housing Market Recent data highlights the tight balance between housing supply and demand. The latest figures from the National Association of Realtors show a 10% increase in housing prices over the past year. For context, homes are selling faster than ever, averaging 17 days on the market compared to 28 days […]

Overview of the Housing Market The housing market continues to change rapidly, impacting buyers, sellers, and investors. Monthly reports from the National Association of Realtors (NAR) show home sales have fluctuated significantly since early 2020. Economic data from the Federal Reserve highlights how interest rate adjustments influence buying power, directly affecting housing demand. A critical

Current Housing Market Trends Analyzing current housing market trends, several factors emerge as significant. Inventory remains at historically low levels. For example, in the U.S., available homes for sale dropped by approximately 20% from the previous year [source]. The demand for homes continues to be high. Many buyers, especially millennials, look to enter the market

Market Overview The real estate market in 2024 shows significant variance across regions. Some cities see rapid growth, while others experience a slowdown. Factors such as economic conditions, population shifts, and local regulations play pivotal roles. Economic Conditions Economic health directly impacts real estate markets. Rising inflation, higher interest rates, and economic uncertainties contribute to