The housing market has been tumultuous over the past few years, fueled by inflation, surging mortgage rates, and economic and political uncertainty. Unfavorable conditions and general uncertainty have made home buyers wary of entering the housing market, driving demand down and further restraining recovery and growth. Though initial projections for 2025 looked promising, mortgage rate reductions […]
The U.S. has been named the hottest market for global residential property in a survey of 14 countries by real estate advisors Savills. The researchers analyzed economic and demographic trends to forecast how much prices in popular cities will rise over the next five years. 1. United States The U.S. housing market has enjoyed three […]
It’s no secret that the Texas economy has been on fire in recent years. Thanks to the unconventional oil boom, last year the state’s oil output reached levels not seen since 1976. That sparked a surge in new home construction and a simultaneous run-up in housing costs in many metro areas. Unfortunately, the local economies […]
