Housing Wire

MAY 22, 2023

Housing demand has shifted more toward the new home market, Fannie Mae ’s Economic and Strategic Research (ESR) Group noted in its May economic outlook. “As such, housing demand has shifted further toward the new home market, bolstering builder optimism and the ESR Group’s single-family starts forecast,” the group said.

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Construction Inventory Government Contracts 379

Housing Wire

DECEMBER 7, 2020

housing market was the single best outperforming economic sector globally during the COVID-19 pandemic in 2020. Due to the solid demand for homes, housing supply for both new and existing homes are at all-time lows. For now, though, the low inventory means housing starts have legs to move higher. New Home Supply.

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Inventory Construction Government Housing Market 543

Housing Wire

JUNE 13, 2023

Mortgage credit availability dropped in May, a consequence of a tougher mortgage landscape that has resulted in lender consolidation as well as high rates and limited inventory that has stretched consumer budgets. The monthly Mortgage Credit Availability Index fell by 3.1% last month, according to the Mortgage Bankers Association.

Mortgage 339

Mortgage Government Lending Contracts 339

Housing Wire

FEBRUARY 17, 2021

The housing market in early 2021 continues to be constrained by low inventory and higher prices. Conventional and government applications to buy a home declined last week, but purchase activity overall is still strong – up 15% from last year,” Kand said.

Mortgage 418

Mortgage Contracts Government Inventory 418

Housing Wire

NOVEMBER 21, 2022

The forecast for the housing market is expected to get gloomier next year before rebounding to 2022 levels in 2024. The mortgage market is projected to slip further, however, to $1.74 trillion the following year, according to the government-sponsored enterprise. million in 2022 before dropping to 4.42 million in 2024.

Contracts 358

Contracts Government Mortgage Buyers 358

Housing Wire

OCTOBER 12, 2022

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. The mortgage market is projected to slip further to $1.3 trillion in 2023, according to the government-sponsored enterprise. contraction in real GDP in 2023.

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Contracts Modernization Housing Market Mortgage 414

Housing Wire

NOVEMBER 24, 2021

Joel Kan, the MBA’s associate vice president of economic and industry forecasting, said in a statement that purchase activity increased for the third straight week, as housing demand remains robust, even as the housing market approaches the typically slower holiday season. Meanwhile, “refis” apps fell 33.6%

Mortgage 416

Mortgage Contracts Government Inventory 416

Housing Wire

FEBRUARY 9, 2021

The index plunged from record highs seen in late 2019 after the COVID-19 pandemic caused the worst economic contraction since the Great Depression. while the Jumbo MCAI measuring high-balance loans rose 2.2%, and the Conventional MCAI that measures loans not backed by the government rose 4.8%. Presented by: FormFree.

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Mortgage Lending Government Contracts 541

Housing Wire

MAY 24, 2023

The housing market received positive data on new residential construction – which is seen as a key solution to the lack of housing inventory,” Kan added. “Since rates have been so volatile and for-sale inventory still scarce, we have yet to see sustained growth in purchase applications,” Kan said.

Mortgage 378

Mortgage Inventory Retail Housing Market 378

Housing Wire

DECEMBER 30, 2020

Year-over-year, contract signings increased by 16.4%. “The latest monthly decline is largely due to the shortage of inventory and fast-rising home prices,” said Lawrence Yun, NAR’s chief economist. pending home sales slid for the third consecutive month in November, dropping 2.6% Presented by: WFG.

Contracts 532

Contracts Inventory Realtors Government 532

Housing Wire

JUNE 23, 2021

“Despite the jump in rates, refinances also increased for the second consecutive week, pushed higher by a 4% bump in conventional refinance applications,” Kan said, “Government purchase applications drove most of last week’s increase, which also contributed to a slightly lower overall average purchase loan size.”.

Mortgage 318

Mortgage Contracts Construction Government 318

Housing Wire

APRIL 26, 2023

Borrowers’ demand increased for conventional and government loans, up 4.50% and 1.20% from one week earlier, respectively. Both conventional and government home purchase applications increased last week. Experts do see some signs of improvement in housing supply , but it’s still too early to celebrate. for refinancing.

Mortgage 384

Mortgage Loan Officers New Listings Government 384

Housing Wire

APRIL 12, 2023

The uptick in mortgage applications was a welcome change for the struggling housing market, which has been plagued by affordability issues that have kept many would-be buyers on the sidelines. Overall, mortgage applications increased last week by 5.3% from 12% the week prior. from 11% week over week. last week.

Mortgage 329

Mortgage Retail Housing Market Contracts 329

Housing Wire

SEPTEMBER 1, 2021

The seasonally adjusted purchase index dropped 2% compared to the previous week and was 16% lower than it was a year ago, largely due to soaring prices and paltry inventory. Even with a slight increase, purchase activity hit its highest level since early July, as applications for conventional and government loans increased.”

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Inventory Contracts Government Mortgage 319

Housing Wire

OCTOBER 16, 2023

It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. Let’s use $10,000 as an example.

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Agents Buyers Sellers Inventory 384

Housing Wire

FEBRUARY 7, 2023

And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. CMS is going heavy on a rarely used mortgage product to solve this market problem. By the Mortgage Bankers Association ’s estimate, it takes on average about $2,500 to process, underwrite and close a government loan.

Mortgage 363

Mortgage Loan Officers Government Buyers 363

Housing Wire

MAY 5, 2022

Millennials are the fastest growing segment of homebuyers today, comprising 37% of the housing market. Although mortgage rates are slightly higher than they were six months ago, these buyers face rates that are still far below what they were when their parents first entered the housing market. A look forward.

Mortgage 349

Mortgage Buyers Technology Lending 349

Hank Miller Team

JULY 12, 2023

The first half of the Atlanta 2023 housing market shared many similarities with the first half of the 2022 real estate market. In fact, some market are ahead of those record highs of '22. Clearly it's not the same market, but the interest rate shock seems to be accounted for. Fewer buyers, fewer contract and sales.

Housing Market 40

Housing Market Marketing Buyers Sellers 40

Housing Wire

JANUARY 12, 2024

The downsized volume reflects two equally important factors: a housing market characterized by limited inventory, high mortgage rates and reduced demand, but also the banks taking themselves off the board for some residential mortgages. billion in 2022, a 40% decline. Home lending revenues declined to $3.3 billion from $4.2

Mortgage 364

Mortgage Lending Retail Business 364

Hank Miller Team

OCTOBER 6, 2022

Attention media Please stop; the greater Atlanta housing market was just fine in the 3rd Qtr of 2022. The Atlanta housing market in Q3 2022 did not melt down. Atlanta Housing Market in Q3 2022 Let’s have a look at factual data. We examine list price, contract price and sold price.

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Supply Chain Contracts Housing Market Inventory 52

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. On a forward-looking basis, you would expect you don’t have the same tailwinds as you did before.”

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Marketing Mortgage Investors Sellers 363

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021.

Mortgage 328

Mortgage Marketing Investors Lending 328

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Properties are still going under contract. Worried about missing out on a boom?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Realtor

APRIL 14, 2021

The housing market has been red-hot for a while, but the current market conditions make buying more of a challenge than ever. There is a shortage of houses in many markets. This can be attributed to low mortgage rates and low inventory creating strong demand from buyers.

Mortgage 159

Mortgage Real Estate Agent Buyers Real Estate 159

Housing Wire

APRIL 21, 2022

Last May, Sam Khater, chief economist for Freddie Mac , the government-sponsored enterprise and mortgage purchaser, issued a report with the grim conclusion: “Inventory of both new and existing homes for sale is currently at a historical low.”. “Homebuilders are at a crossroads,” McCoy said.

Construction 386

Construction Supply Chain Investors Business 386

Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. Total inventory remains low, however, keeping prices higher on an annual basis. And, despite the rise in new listings, the number of homes still on the market on Feb.

New Listings 54

New Listings Buyers Inventory Lending 54

The Robert Weiler Company

SEPTEMBER 7, 2022

See below why we feel Ohio land for sale market is still ripe for growth. The Ohio housing market has remained resilient over the past year and a half. The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. Residential Real Estate Sales.

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Marketing Real Estate Investing Retail 78

Appraisal Today

APRIL 5, 2024

This is one of the appraisal discrimination cases that has received significant attention – among appraisers, the media and government agencies. February 2024 marked a dynamic period in the housing market, presenting opportunities and challenges for real estate appraisers. Lanham, 20/20 Valuations, and loanDepot.com, U.S.

Appraisal 77

Appraisal Contracts Business Construction 77

Realtor

APRIL 14, 2021

The housing market has been red-hot for a while, but the current market conditions make buying more of a challenge than ever. There is a shortage of houses in many markets. This can be attributed to low mortgage rates and low inventory creating strong demand from buyers.

Mortgage 78

Mortgage Real Estate Agent Buyers Real Estate 78

Appraisal Today

MAY 10, 2024

To read more, Click Here To read the listing with a virtual tour and 111 photos, Click Here == Some red flags for the housing market By Ryan Lundquist, May 2, 2024 Excerpts: Consumers are feeling economic pain, and we need to talk about some of the things that are brewing. There is no integrity in that.

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Reconsideration of Value Appraisal Real Estate Insurance 73

Appraisal Today

AUGUST 13, 2023

Here’s another thought for you to ponder: HUD, a governmental agency, is attacking appraisers who do their work per the guidelines established by two “quasi-governmental entities”, the two GSE’s, and two other government agencies, HUD/FHA, plus the VA. Dear Sellers, the housing market misses you It’s tough to value properties today!

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Appraisal Contracts Real Estate Agent Mortgage 75

Appraisal Today

JUNE 10, 2022

Hot housing market not a bubble, economists say. Excerpts: As home prices continue to break growth records, a panel of housing experts and economists surveyed by Zillow® does not believe the market is in a bubble. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 5.30

Appraisal 52

Appraisal Contracts Business Mortgage 52

Miller Samuel

MARCH 19, 2019

That article came out in 2014 right as the housing market was peaking. Much of this speculation is being driven by two factors: sparse supply, due to the absorption of the inventory left over from the last boom, and fast-rising prices. January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract).

Real Estate 370

Real Estate Law Development Investors 370

Will Springer Realtor

DECEMBER 19, 2023

We experienced yet another unusual year for residential real estate – high interest rates, leading to affordability challenges amid low inventory. Any one of those risks could cascade into other parts of the market and tip the economy into recession.” job losses and we have another odd year now in our rear-view mirror. “Any

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Appraisal Today

AUGUST 4, 2023

The attack on the protected speech of independent appraisers erodes their ability to describe how the properties they appraise relate to the preferences of market participants. However, high mortgage rates and limited affordable inventory keep exerting pressure on potential homebuyers. percent from 6.87 percent from 6.90

Appraisal 71

Appraisal Business Contracts Real Estate 71

Will Springer Realtor

AUGUST 15, 2023

“The housing market’s going nowhere fast,” Mark Zandi, chief economist of Moody’s Analytics, told the media in July. Mortgage rates are high, home prices are high, there’s no inventory.” The number of single-family homes going under contract (Pending sales) fell 8.7% The dynamics of this year’s housing market are complex.

Sellers 60

Sellers Buyers New Listings Inventory 60

Will Springer Realtor

MAY 13, 2024

GIMME SHELTER: AMERICA’S HOUSING PROBLEM WORSENS This country is struggling – mightily – to put enough roofs over the heads of Americans. Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession.

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HOA Transportation Construction Buyers 36