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 December 12, 2024…
CNBC observes the continued decline of interest rates and refinance demand surging 27% on a weekly basis. Overall applications increased 5.4% on a seasonally adjusted basis during the week ending December 6.
The New York Times examines the state of the housing market and whether America can climb out of its 'unprecedented' housing crisis in 2025.
Realtor.com expects home sales to edge slightly higher amid moderating price growth next year and recently shared its list of top housing markets for 2025.
Newsweek says California, New Jersey, and Illinois are home to the most at-risk housing markets in the United States.Â
Real Estate News outlines new rules from the National Association of Realtors and the race to compliance around buyer agreements, removing compensation from multiple listing services, and more.
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.