Zillow’s forecast for the 2025 housing market in a word? Bumpy
It seems like home sellers have had the upper hand in the housing market for years now, but rising inventory has steadily increased the amount of leverage for buyers.That trend will continue in 2025, according to Zillow’s annual housing market forecast. The portal giant projects a “bumpy” year for h
Jump in pending home sales foreshadows positive end to the market in 2024
Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. The latest signal comes from the National Association of Realtors‘ (NAR) Pending Home Sales Index (PHSI), which shows sales in October growing 5.4% year over year and 2% com
Powell signals September rate cut: ‘The time has come for policy to adjust’
Federal Reserve Chair Jerome Powell said on Friday that “the time has come for policy to adjust,” signaling a cut in the federal funds rate at the September meeting of the Federal Open Market Committee (FOMC) as expected by monetary policy watchers. “The direction of travel is clear, and the timing
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