Category: Housing Market
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🗺️ Exploring the Top 10 States With the Lowest Cost of Living: Where Your Dollar Stretches Furthest 🗺️
Even as inflation rates show signs of stabilizing, many Americans still feel the pinch when shopping for essentials like groceries, gas, and housing. If you’re seeking ways to make your budget go further, where you live can make a significant difference, given the wide variation in cost of living across the U.S. In simple terms,…
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Record Number of Homes Hit the Market as Optimism Over Rate Cuts Sets In
Falling mortgage rates and the Fed’s recent rate cut are invigorating the fall housing market, leading to a surge in new listings. A Surge in New Listings A recent report from Realtor.com® reveals that in September, there were 11.6% more homes newly listed on the market compared to the same period last year. This marks…
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Multifamily Permits Drop 16.8% YoY Despite Record Deliveries
Multifamily construction permits fell 16.8% year-over-year (YoY) in August, despite a monthly increase, highlighting mixed dynamics in residential construction. In August, multifamily construction permits experienced a significant 16.8% YoY decline, even though there was an 8.3% month-over-month (MoM) increase from July. This trend underscores the complex landscape of residential construction. Regional Breakdown The U.S. West…
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Top 10 Cities for Affordable New-Construction Homes
Think a new-construction home is out of your price range? Think again. There are numerous cities where you can find new-construction homes for around or under $275,000. Closing the Price Gap While new-construction homes are typically more expensive upfront than older homes, the price gap has narrowed recently. According to a July report from the…
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High-Supply Multifamily Markets Poised for a Bright Recovery
The multifamily real estate market is on the cusp of a significant turnaround. According to recent research from CBRE, markets that have experienced high supply and negative rent growth are set to rebound by mid-2025. This optimistic outlook is driven by stabilizing occupancy rates and increasing renter demand, which are absorbing much of the new…
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A Surprising Housing Trend Is Sweeping the U.S. – Why Built-To-Rent Communities Are About To Redefine The Market
As the housing market becomes increasingly expensive, fewer people can afford to buy homes. An unexpected solution is spreading across the U.S. – built-to-rent communities. These developments, filled with single-family homes designed exclusively for renters, are becoming an appealing option for those who want a house but can’t manage the steep cost of ownership right…
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Top 10 Cities Where Homes Sell for the Most Below the Asking Price
Most homebuyers know that the price they see on real estate listings is more a fervent hope than a steadfast number etched in stone. So how much more—or less—than the asking price should buyers offer? For starters, that depends on timing. During the COVID-19 pandemic, demand for homes was so strong that offers over the…
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U.S. Apartment Market: Stability Amidst Subtle Shifts
The U.S. apartment market continues to showcase remarkable stability, with occupancy rates holding steady at 94.1% for August 2024. This marks the 10th consecutive month where occupancy has fluctuated by no more than 10 basis points (bps) in either direction. The minuscule difference between July (94.16%) and August (94.13%) underscores this stability, as the 0-bps…
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New Era for Real Estate Investors: Navigating the Fed’s Latest Moves
This week, the Federal Reserve’s significant interest rate cut has set the stage for a new monetary era, sparking both excitement and uncertainty among investors. As bond traders anticipated a larger reduction, two-year Treasury yields dropped to a two-year low of 3.5%, down from 5% in April.. This shift has revived risk appetite in the equity market,…
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Split Decision: The Fed’s Interest Rate Cut and Its Implications
Today, all eyes are on the Federal Reserve as it prepares to make its first interest-rate cut in four years. While the decision to cut rates seems almost certain, the real debate centers on the extent of the cut. This highly anticipated move has sparked intense discussions among economists, traders, and political analysts alike. Market…
Daniel Kaufman Real Estate 