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  • Writer's pictureChris Mackey

Bluebid Buzz: January 11

The Buzz is a regular summary of housing market news and data driving our decision-making at Bluebid.

Here's the Buzz for the week of January 11, 2024…

  • Everywhere you look, there's optimism surrounding the housing market, as CNBC writes mortgage applications spiked 10% for the week ending January 5 - the biggest weekly increase in a year.

  • Zillow offers its predictions for the hottest housing markets of 2024 and calls for strength in the Midwest, Great Lakes, and South.

  • Morgan Stanley says the housing market is headed for affordability unseen since February 2021, as shared by Yahoo Finance.

  • While there's a ton of positivity in the housing market right now, Business Insider couldn't resist calling out the 34 cities where home prices are forecasted to fall.

  • Redfin highlights a reprieve for renters, as costs dropped for the third straight month in December.

  • Fast Company says we're amidst a home insurance shock, and it's particularly painful for homeowners in California, Florida, and Louisiana.

  • The newest version of our iPhone app makes it easer than ever to navigate the off-market. It's now available for download in the App Store.

Have a great week.

Disclaimer: Views expressed here are my own and not the views of my coworkers or anyone else. I am not a financial advisor, investment advisor, or housing expert. I’m just a guy who cares deeply about saving the American Dream of homeownership.


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