Min 1: One-Third of Largest 100 Metros Posted Price Declines Share of metros experiencing year-over-year price declines surged to one-third of largest 100 metros by October according to Cotality data. At start of year, only six metros posted year-over-year drops but by October that number surged to 32, spreading beyond
Min 1: NAR Named Grand Rapids Top Hotspot for 2026 National Association of Realtors named Grand Rapids to annual list of 10 top housing hotspots for 2025-2026 announced December. Important factors common among top performing markets include available inventory at affordable price points, better chance of unlocking low mortgage rates,
Min 1: Vacant Parcels Represent Very Big Liability for City Of Cleveland's 167,000 total parcels, 33,000 or roughly 20% are vacant according to data. At more than 6,000 total acres, this land covers equivalent of three Hopkins International Airports. Cleveland ranks second in country for
Min 1: Inventory Decreased to 1.43 Million Units Total inventory fell 5.9% in November from October to 1.43 million units, though up 7.5% year-over-year according to NAR. At current sales rate, unsold inventory sits at 4.2 months supply, down from 4.4 months in October
Min 1: Multifamily Vacancy Already Hit Record 7.2% Single-family rent weakness follows multifamily sector where national vacancy hit record 7.2% per Apartment List, highest since index launched in 2017. National median rent for apartments dropped 1% monthly to $1,367 while CoStar reported biggest monthly declines in 15
Min 1: Regional Inventory Growth Outpaced National By 10x National inventory increased in single digits during November while Washington D.C. exploded 60% year-over-year. Every single metropolitan division within the greater D.C. region posted gains of at least 40%—unprecedented regional concentration of supply growth. The Frederick-Gaithersburg-Bethesda division led
Min 1: Institutional Investors Net Sellers for Sixth Consecutive Quarter The big players are pulling back. Major companies like Invitation Homes, Progress Residential, American Homes 4 Rent, and FirstKey Homes were all net sellers in third quarter 2025 according to Parcl Labs analysis. This marks the sixth consecutive quarter where
Min 1: Average Borrower Lost $13,400 in Equity Year-Over-Year Here's the paradox: homeowners with mortgages saw collective equity of $17.1 trillion in third quarter 2025, but that actually decreased by $13,400 per borrower annually according to Cotality data. The average mortgaged homeowner still sits on
Min 1: San Jose Led Decline at 35% Drop The West Coast tech hubs got hammered. San Jose pending sales plummeted 35.1% year-over-year during the four weeks ending December 14, according to Redfin data. Houston followed with a 20.9% drop while Oakland fell 17.6%. Only six of
Min 1: Median Prices Stayed Below National Averages Median sales price for residential home in Luzerne County reached $221,800 in November 2025, up from $195,000 in November 2004 marking 13.7% increase over two decades according to county Multiple Listing Service data. That translates to less than 1%
Min 1: Mortgage Rates Still Stubbornly High Despite Fed Cuts Beyond soaring home prices, elevated mortgage rates represent another major obstacle preventing many Americans from getting on housing ladder as Thiel described. Mortgage rates still stubbornly high set to average 6.28% in 2026, down from 6.32% in 2025
Min 1: Rates Expected to Average 6.3% in 2026 Realtor.com's 2026 Housing Forecast expects mortgage rates to average 6.3% next year, offering slightly more relief than 2025's average of 6.6% and helping buyers regain bit of affordability. Composite forecasts from MBA and