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The risk of zero-down loans while the Fed talks recession

Housing Wire

Since many people think of housing as a wealth creator — and we want more Americans to have more wealth — then the government needs to make sure demand stays high enough for that wealth product to grow. This can lead to home prices getting out of control , especially when total inventory gets to all-time lows.

Inventory 544
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The forbearance crash bros spoke too soon

Housing Wire

Some of their biggest hits (or should I say misses) in the last 8 years have been the never-realized silver tsunami crash, the ever popular investor supply crash, the Airbnb supply crash, and this year, COVID-19 was for sure going to send prices crashing 30%-50%. Needless to say, this was a very precarious and unhealthy market.

Inventory 545
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MBA forecast for 2021: Prepare for rising mortgage interest rates

Housing Wire

Housing inventory and prices. Given the low interest rates that are driving demand, housing inventory has become a rising concern. MBA Associate Vice President of Industry Analysis Joel Kan explained that current inventory rests at just a three-month supply. Profitability. trillion in 2005.

Mortgage 425
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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

The housing market is cooling-off. Two percent of newly originated mortgages were originated to subprime borrowers, a sharp contrast to the 12% average seen between 2003-2007.”. As housing demand wanes due to rising mortgage rates and high home prices, the housing market has likely started to balance out.

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Economic Turbulence Prompts Seattle Area Market Concern vs. Year Ago

Will Springer Realtor

The opening months of the Seattle/King County housing market can best be expressed as sparks of activity within a mostly tentative purchasing environment. The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” in Seattle.

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Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? The buying frenzy and low inventory we saw last year and will continue to see for better parts of this year may push buyers (specially if driven by bad advice from an unseasoned Realtor) to make bad decisions.