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Top related persons:
— - 2 aAQvC80WPY — James Faris - 1 Mackenzie - 1 Zoocasa - 1 Scibetta - 1 Kendall Bonner - 1 Sellers - 1 Bonner - 1
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West Texas Arizona
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Service - 2 Business - 2 National Association of Realtors - 2 eXp - 1 NAR - 1 homebuyers - 1 Bureau - 1

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☆ 20 cities opening up for homebuyers as inventory grows and mortgage rates tumble
  + stars: | 2024-09-19 | by ( James Faris | ) www.businessinsider.com   time to read: +4 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But the tables are finally starting to turn as mortgage rates slide and inventory rises across US cities. Mortgage rates have fallen to the lowest levels since February 2023 as markets have priced in the Federal Reserve's long-awaited interest rate cuts, which finally arrived on Wednesday. pic.twitter.com/aAQvC80WPY — James Faris (@JamesFaris_) September 18, 2024Rising inventory is a big win for buyersHome inventory is also heading in the right direction. 20 cities where homes are much easier to findIn her note, Scibetta listed 20 major US cities where home inventory rose meaningfully from July 2023 to July 2024.
Persons: —, aAQvC80WPY — James Faris, Mackenzie, Zoocasa, Scibetta, Kendall Bonner, Sellers, Bonner, " Bonner Organizations: Service, Business, National Association of Realtors, eXp, NAR
☆ 26 growing cities where homes are getting more affordable
  + stars: | 2024-06-21 | by ( James Faris | ) www.businessinsider.com   time to read: +4 min
Affording a home has been a Herculean challenge in recent years due to rising property prices and stubbornly high mortgage rates. That means only 20% of the markets surveyed have homes selling for under half a million dollars and are also getting more affordable. 26 growing cities where home prices are downSince cities with falling home prices are relatively rare, homebuyers might assume that those markets are getting cheaper because they're becoming less popular. However, there are over two dozen markets where property prices have fallen in recent years despite enjoying an influx of residents, according to Zoocasa's new report. AdvertisementThat leaves 26 markets where home prices are down despite sizable population growth.
Persons: — Organizations: Service, homebuyers, Business, National Association of Realtors, Bureau Locations: West, Texas, Arizona
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