Housing starts rise on falling mortgage rates

Housing starts rose in November, significantly beating expectations.New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department of Housing and Urban Development and U.S. Census Bureau data. It’s 14.8% above the revised October estimate of 1,359,000 and 9
Read MoreAre home sellers finally coming back to the market?

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. That’s one reason total sales volume has been so low, but it looks now like that’s starting to change.In this week’s Altos Research video, I look at how home sellers and sales are up
Read MoreAmended settlement agreement in Nosalek suit not enough to appease the DOJ

The home seller plaintiffs and MLS Property Information Network’s (MLS PIN) efforts to address the Department of Justice’s “significant concerns” about their proposed settlement agreement in the Nosalek commission lawsuit were not enough.In a letter filed on Monday, the DOJ told Judge Patti Saris th
Read More5 trends that will reshape the real estate market in 2024

The landscape of real estate is undergoing significant transformations in 2024, driven by a confluence of technological advancements, shifting market dynamics and evolving consumer behaviors. 1. Technology 2024: Proptech challenges and profitability pursuitThe proptech sector, a technological corner
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