Home prices

Recent housing trends more favorable to buyers will ease some of the pressure for higher down payments in order to secure a winning bid, Redfin finds.

A national gauge of prices rose 3.9% from a year earlier, according to data from S&P CoreLogic Case-Shiller.

Meanwhile, home prices are set to grow 3 to 4% in 2025, a Fitch report predicts.

Gahanna, Ohio was the hottest ZIP code for the second consecutive year.

West Virginia has the lowest monthly mortgage payment of $1,838.

While prices and mortgage rates are having an effect on consumers, homeownership is still more affordable than renting in much of the country, new research found.

Harrisburg, Pennsylvania, is the top housing market for first-time homebuyers, having a median home price of $140,000 between November 2023 and November 2024.

Broward County in Florida has the highest property tax increase since 2019, at 56.80%.

Fannie Mae's Consumer Housing Sentiment Index rose in November, continuing its steady climb and showing significant improvement compared to the same period last year.

The share of underwater mortgages also grew for the first time in almost two years during the third quarter, Corelogic found.