This year has been anything but predictable in the housing market. Mortgage rates bounced around, inventory remained tight, and affordability challenges persisted for buyers and renters alike. But 2024 wasn’t without its bright spots. We saw signs of stabilization, increased buyer demand in the latter half of the year, and some progress on inventory issues.

Beyond the typical mortgage loans most of us are familiar with, a jumbo loan or mortgage, as the name implies, covers a larger-than-normal loan amount. Specifically, a jumbo loan exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA), and is not eligible to be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac.

The housing market in September 2024 is a mixed bag of good news for buyers and ongoing challenges for those still on the sidelines. With recent interest rate cuts by the Fed, and a gradual easing of inflation, some are seeing a light at the end of the tunnel.

August brought more twists and turns to the housing market, reflecting a mix of opportunities and challenges for buyers and sellers alike. With prices fluctuating and inventory levels shifting, it's a market that requires close attention. Whether you’re buying or selling, keeping up with market trends is important to make the right moves in today’s market. Here's a breakdown of what you need to know from the latest housing reports.

We know that navigating the housing market can feel overwhelming. That's why we share these monthly insights from industry experts to help you make sense of what’s really going on. Whether you're buying your first home, moving to make room for a growing family, or downsizing as you enter retirement, we get that each life stage presents unique challenges. Throw in the ever-changing housing market and economic issues, and it can all get a little... well, confusing. But don't worry, we've got you covered. Let's look at the latest data and insights to help you make sense of the housing market.

As the spring buying season goes into full swing, the U.S. housing market in April 2024 continues to present a complex mix of rising home prices, shifting regional demands, and shifting buyer and seller behaviors. Despite fluctuations in interest rates and regional disparities, the national housing market exhibits resilience, with significant implications for both first-time and seasoned homebuyers.

As we make our way through the early months of 2024, the housing market has been a bit of a roller coaster ride, with several recent market shifts that could affect both buyers and sellers. From the increase in home availability to a noticeable uptick in sales and the potential change in realtor commissions, we've pulled together the latest insights from industry experts Steven Thomas, Zillow, and the National Association of Realtors (NAR).

In this month's housing market update, we're breaking down the latest trends and numbers to give you a clear picture of what's happening in real estate. From the ups and downs of mortgage rates to the latest on home prices and sales, we've got insights from top sources like real estate expert Steven Thomas, Zillow, and the National Association of REALTORS® (NAR). Whether you're in the market to buy, sell, or just keeping an eye on things, Nuvision is here to help you sort through the headlines and help you stay informed about the ever-changing housing market landscape.