house price

Job growth may not save some housing markets in the short term

Job growth may not save some housing markets in the short term

Adobe Stock/Amy Walters In housing, the two most basic factors to consider are location and employment. A long-standing rule of thumb is to “follow the jobs” by assessing housing markets with strong job growth and using that information to find opportunities. The labor market has been on a roll since the April 2020 low. Businesses …

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Home prices are expected to continue to rise next year: Here's where

Home prices are expected to continue to rise next year: Here’s where

Americans looking to buy a home next year can expect less competition, more home choices and the highest average mortgage rates in nearly two decades. Here’s what they can’t expect: a general drop in prices that would relieve buyers of overpriced homes. That’s the main takeaway from Realtor.com’s 2023 real estate forecast released Wednesday. The …

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