Housing Wire

DECEMBER 7, 2022

Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? However, mortgage rates have fallen more than 1% since the recent highs, so it’s time to look at the data to explain how to interpret it.

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Housing Market Mortgage Marketing Inventory 539

Will Springer Realtor

MAY 9, 2022

That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. home prices, up 14% year over year (YoY) by one measure, and escalating mortgage rates, which have risen about 2.1 the highest percentage since Q3 of 2008. The potent combo of rising U.S.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. Adjustable-rate mortgages were cheap and easy to acquire, home prices were artificially inflated and supply plentiful. That leaves about 2.1

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

MAY 9, 2023

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. Information from the National Mortgage Database shows 83% of all mortgage holders enjoy an interest rate below 5% when today’s average rate is about 6.5%.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

MAY 13, 2024

were flipped last year, down 29% from 2022 and the largest annual drop since 2008. MAY HOUSING UPDATE Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. With the settlement, a wave of new listings hit the market in the past several weeks.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

APRIL 8, 2021

The boost in equity was helped most simply by saving more while in “pandemic hibernation” and from many homeowners refinancing mortgages amid generationally low interest rates. >> million loans in forbearance – mortgage payments on pause, most likely for financial reasons during the pandemic. of all mortgages in the country.

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Inventory New Listings HOA Buyers 36

Will Springer Realtor

JUNE 8, 2022

The rate today is the same as in the late 1960s, except during the housing bubble of 2008-2010 when ownership rose – and we know how that ended up! Co-buying comes with marriage-like considerations, such as how to split mortgage payments and domestic concerns. >> Forty-five percent of residential mortgages in the U.S.

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