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
NOVEMBER 7, 2022
High mortgage rates and looming economic uncertainty caused trillions in equity to evaporate from the housing market in the third quarter of 2022, according to Black Knight ’s mortgage monitor report. Equity among mortgaged homes dropped by about $1.5 In the span of just three months, U.S. mortgage holders saw a total of $1.3
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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%. In addition, the median age of a homebuyer who completed their purchase within the past year rose from 40 in 2009 to 44 in 2019. Over the same time period, home values grew 31.2%.
Housing Wire
MAY 4, 2022
This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise.
Housing Wire
JUNE 10, 2022
Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels.
Housing Wire
JANUARY 17, 2024
The times they are a-changin’ The real estate industry has flourished over recent years due to record-high home appreciation, lower interest rates and motivated clients — but as they say, nothing lasts forever. In fact, a veritable upheaval is headed for the housing market already. What is reverse purchase financing?
Housing Wire
DECEMBER 27, 2022
The fate of Federal Housing Administration (FHA)-backed mortgages in the ongoing downcycle housing market is being compared with a canary in the coal mine by several industry experts who track the sector and are seeing early warning signs of distress.
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