October 2024 Real Estate and Mortgage Report

The U.S. housing market is characterized by moderate inventory levels, with approximately 1.21 million existing single-family homes available. Despite rising inventory, affordability remains a significant challenge due to high mortgage rates and persistent home prices, leading to a slowdown in sales activity. Insights “We expect the economy to land softly and housing inventory to continue … Read more

What Happens to Housing when There’s a Recession?

Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 … Read more