Des Moines Real Estate News
Des Moines
80 Million Americans to Hit the Road, Skies and Seas for 2024 Thanksgiving Holiday
AAA estimates that 79.9 million people will travel 50 miles or more from home during the Thanksgiving holiday period. For the first time, the forecast includes the Tuesday before and the Monday after Thanksgiving Day, offering a more comprehensive view of holiday travel patterns.
Home Buyers Negotiation Power Grows Amid Cooling U.S. Market
U.S. homebuyers are finding more leverage in negotiations nationwide as competition eased in October 2024. The company's market heat index shows that conditions are gradually shifting toward a buyer's market as activity slows heading into winter.
Market Share of First Time Home Buyers Hit Historic Low in U.S.
The National Association of Realtors' newly released 2024 Profile of Home Buyers and Sellers report reveals a historic low in first-time U.S. homebuyer market share, which dropped to 24% from 32% last year.
Mortgage Applications in U.S. Dip in Late October
According to the Mortgage Bankers Association's latest Weekly Applications Survey for the week ending October 25, 2024, U.S. mortgage applications decreased 0.1 percent from one week earlier.
