Home sales are projected to increase 14% nationwide, signaling strong market activity. New-home sales are expected to rise 5%, boosting supply modestly. Median home prices forecasted to grow 4%, suggesting sustainable, balanced appreciation. Average 30-year mortgage rates predicted around 6%, down from 6.7%, improving affordability slightly. Price reductions...
Slide 1 Global construction hits USD 13.57T, doubling toward USD 25.47T by 2034. Slide 2 Urban growth and rising populations push huge demand for homes, offices, and new infrastructure. Slide 3 Smart cities surge as industrialization rises and global investors pour money into new builds. Slide 4 AI, IoT, robotics, and mobile tools speed...
Fixer-uppers are gaining popularity among homebuyers, offering a cheaper entry into the San Diego market despite high prices. About 3% of homes listed are fixer-uppers, with a median price of $857,450, roughly 27% less than the median for all single-family homes. Interest in fixer-uppers has tripled since 2021, but buyers should consider renovation costs. Continue to full...
Home values rise 1.2% through October 2026, supported by consistent demand and limited supply. High costs restrict first-time buyer entry despite gradual growth. Transactions grow modestly as buyers navigate competitive pricing. Limited inventory maintains strong competition and steady market dynamics....
Southern California faces continued rent increases due to a persistent housing shortage, with vacancy rates around 5% in Los Angeles County. Rent rose 0.5% this year, averaging $2,336, and is expected to increase 0.64% annually over the next two years. The report highlights the need for more housing production, citing factors like federal debt, market risks, and slower building compared to states like...
Southern California faces ongoing rent increases due to a persistent housing shortage, with vacancy rates around 5% in Los Angeles County and 4% in Orange County. Average rents are expected to rise modestly over the next two years, reaching $2,350 in LA and $2,859 in Orange County by 2027. Limited housing production, influenced by economic factors and regulatory challenges, exacerbates affordability...
In Q3 2025, home prices rose in 77% of U.S. metro markets, with the national median price at $426,800. The West had the highest median price at $633,900 but saw a slight annual decrease. The Northeast led in price growth at 6%, while the Midwest and South saw moderate increases. First-time buyers faced typical mortgage payments of $2,146, representing 37.4% of income. Price declines mainly occurred in...
Emerging US markets show high growth potential with increasing populations and expanding infrastructure in 2025. Remote work drives migration to suburbs, boosting housing demand and prices outside major metropolitan centers. Smart homes, VR tours, and eco-friendly developments enhance property value and attract modern buyers. Millennials seek tech-savvy,...
Mortgage rates are expected to gradually decline from ~6.22% to the 5.9%–6.2% range by November 2026 as inflation cools and Fed cuts accumulate. Through early 2026, rates will likely hover in the mid-6% range, with only small dips unless inflation surprises or global events disrupt markets. Major forecasters (Fannie Mae, MBA, NAR, NAHB) agree on moderation,...
Buying a home for the first time can be daunting, but preparation is essential. Key tips include saving for a down payment, completing a homebuyer education course, assessing financial health, and considering all costs beyond the purchase price. Understanding credit scores, exploring first-time homebuyer programs, and knowing mortgage options are crucial. Getting pre-approved for a mortgage, working with...
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