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Existing Home Sales End 2022 with Weakest Year Since 2014

Eyes on Housing

As elevated mortgage rates and tight inventory continue to weaken housing demand, the volume of existing home sales declined for an eleventh consecutive month as of December, according to the National Association of Realtors (NAR). This is the longest run of declines since 1999.

Inventory 187
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Reverse mortgage volume, securities issuance fall in February

Housing Wire

One would have to look to 2014 to find lower monthly volume,” New View stated in its commentary accompanying the February data. Looking back When asked to compare the low-issuance figures from 2014 with the current market, Kelly referred RMD to its blog post that detailed HMBS results for April 2014.

Mortgage 351
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Why purchase application data is below 2008 levels

Housing Wire

But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. With the massive housing inflation since 2020 and higher mortgage rates, we are back to familiar territory with existing home sales and purchase application data: we are back to 2014 levels.

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CFPB settles decade-old foreclosure relief scam enforcement suit

Housing Wire

The bureau first filed its complaint against Consumer First Legal Group, The Mortgage Law Group LLP and the four attorneys on July 22, 2014, as part of “a coordinated effort against various foreclosure relief scam operations by the CFPB, Federal Trade Commission (FTC), and 15 states in 2014,” the bureau said.

Legal 382
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Former Keller Williams agents continue their legal actions 

Housing Wire

Louis Ronayne first joined the brokerage as an agent and later became a team leader, serving at the brokerage from July 2000 to September 2014. Meanwhile, Deborah Ronayne was an agent with Keller Williams from roughly November 2002 to September 2014.

Legal 335
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Snapshot: Q1 Home Repairs and Remodeling

Appraisal Buzz

Costs once again set new highs for the past decade, rising approximately 61% from Q1 of 2014. points since Q1 of 2014. The Mountain Region also has the highest increases over the past decade, with costs increasing by 64.74% since Q1 of 2014. Data are compiled monthly in more than 430 local market areas across the country.

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Bloomberg's Masters in Business: Jonathan Miller on High Mortgage Rates

Miller Samuel

I joined my friend Barry Ritholtz of RWM and of The Big Picture on his Bloomberg Radio MIB podcast for the sixth time since 2014. Here are the previous interviews from 2014 , 2016 , 2020 , 2021 and 2022. Here's the transcript , book recommendations , and the podcast version!

Business 195