Housing Wire
OCTOBER 3, 2022
Home prices are now posting the biggest monthly declines since January 2009, according to the latest Mortgage Monitor report from Black Knight. Median home prices in August fell 0.98% in August, only slightly better than July’s 1.05% monthly decline. Raleigh and Nashville have all shed 3% of home value in recent months.
Housing Wire
OCTOBER 14, 2021
From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%. From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%.
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Housing Wire
FEBRUARY 1, 2021
Pre-foreclosure sales as a foreclosure alternative also benefit neighborhoods by limiting the volume of vacant properties, which drag down surrounding home values. By comparison, 406,652 short sales were completed through the program, which ran from 2009 to 2016. Falling Short. More than 1.7 More than 45% of the 1.7
Housing Wire
JUNE 10, 2022
His recent article, “Purchase apps are at 2009 level: where’s the inventory?” We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are His articles are always my favorite.
Housing Wire
JANUARY 17, 2024
This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased! 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. Yet staggeringly few are aware of its existence.
Housing Wire
MAY 9, 2022
Fewer buyers rushed to lock mortgages last month amid a rapid climb in long-term mortgage rates , reflecting home affordability concerns, reports from Mortgage Capital Trading and Black Knight showed. . Cash-out refinance activity, in contrast, is led by increasing home values by homeowners seeking to tap into their home equity.
Housing Wire
MAY 4, 2022
Various mortgage finance innovations facilitated larger loans at the same monthly payment to keep up with growing home values – which is one reason why house prices kept going up. Prior to 2009, housing was overbuilt relative to demand. Since then, the housing market has been underbuilt, and the supply deficit has grown.
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