For the ninth consecutive month, more than half of all offers authored by Redfin real estate agents faced a competing bid, according to a monthly survey by Redfin.

Historically, buying has always been a better investment than renting, but that may no longer be the case—one of several highlights from the Urban Institute’s Housing Finance Policy Center.

People who were hesitant to buy a home in 2020 seem to be feeling more confident, according to a study conducted by the Harris Poll in December for NerdWallet. In fact, around 26 million Americans plan on purchasing their first home within the next five years.

Home values during December reached to $266,104, an 8.4% year-over-year ascent and the highest annual increase since January 2014, according to new data from Zillow.

Expect the housing market in 2021 to "settle somewhere in between where we were before COVID and where we were during COVID," says Danielle Hale, Chief Economist for Realtor.com's recent article entitled, "How the Rollout of COVID-19 Vaccines Could Help, and Hurt, the U.S. Housing Market."

Pending home sales saw a month-over-month decline during November, according to the data from the National Association of Realtors (NAR). However, sales were up from one year earlier.

The total number of loans in forbearance decreased from 5.54% to 5.48% as of Dec. 6, according to the Mortgage Bankers Association.

This year has been an intense one for all industries, but the housing market has managed to come out on top. As 2021 draws nearer, Zillow offers some key trend predictions that could lead to shifts in the market next year.

With 2020 coming to a close, it’s time to really start thinking about what 2021 will bring, especially when it comes to what homebuyers want. Zillow.com has released the top 10 home trends for the coming year, each likely to increase in popularity as the months go on.

The bottom line among mortgage lenders is not exactly sizzling lately. For the next three months, the outlook for profitability dipped from last quarter, according to Fannie Mae's Q4 2020 Mortgage Lender Sentiment Survey. In fact, a larger chunk of lenders now envisions profit margins receding even further.