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The 2021 housing market will be stronger than 2020

Housing Wire

This is the fourth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions. The 2021 housing market forecasts have focused on everything from home prices to mortgage rates. This article has been lightly edited for length and clarity.

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Wage growth downtrend kills 1970s inflation fear

Housing Wire

Since 2022 — as the labor market has been getting hotter with massive job gains and high job openings — the year-over-year wage growth data has been falling. Since 2022 — as the labor market has been getting hotter with massive job gains and high job openings — the year-over-year wage growth data has been falling. percent, the U.S.

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The Red-Hot Housing Market

Housing Wire

This article is part of our 2022-23 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. at the end of 2022.

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Will Omicron variant stop first Fed rate hike?

Housing Wire

As we can see below, oil prices got rocked as the dollar was getting stronger before the first Fed rate hike. Regarding the 10-year yield and mortgage rates, this is where the conversation gets interesting for housing. How do we make sense of all this? Expect a lot of volatility with bond yields. dollar getting too strong.

Retail 527
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Gaining a Competitive Edge Buying a Home

Eppraisal

It's a sizzling, fast-paced seller's real estate market right now. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. The stronger you are financially, the better. A house has to appraise for the purchase price.

Sellers 66
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A record year for real estate brokerage firms

Housing Wire

The 2021 real estate market was one for the ages: record low interest rates and housing inventory gave way to record high home prices and sales. The top four — Realogy Brokerage Group (RBG), HomeServices of America , Compass and eXp Realty — now have 20% market share in the U.S. and sales volume. and sales volume.

Brokerage 292
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How to Reduce Appraisal Revision Requests

Appraisal Today

I always recommend organizing commentary by adjustment rather than by comparable and make it a habit to review the pre-delivery rules,” says Khan. Excerpts: To cut down on appraisal revision requests, it is important to keep these best practices in mind: Communicate in a timely manner. Address the request thoroughly and professionally.