article thumbnail

Beware of gloom and doom housing market crash headlines

Housing Wire

I’m talking about housing market crash headlines. The housing data has been wild this year. These dramatic peaks and valleys in the data have fed the demons of greed and fear that infest the minds our extreme housing bulls and the fierce housing market bears – leading to equally wild speculations about the future of U.S.

article thumbnail

Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Historically 2.5

Realtors 379
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Week Ahead: Unraveling the Nation’s Housing Crisis

Appraisal Buzz

He is also a Lecturer at the Harvard Graduate School of Design in the Department of Urban Planning and Design. She previously led Housing Development at Volunteers of America (VOA), where she managed the strategic direction, acquisition, and development of rental housing for VOA.

article thumbnail

Experts optimistic about home sales in 2021

Housing Wire

Realtor.com’s Housing Market Recovery Index showed significant contract growth, specifically in Portland, Las Vegas, Denver, Los Angeles, and Boston. HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely.

Contracts 529
article thumbnail

Review of MMI Fund’s reverse mortgage book sheds light on evolving HECM

Housing Wire

in 2009 to about 12-14% during Fiscal Years 2010 through 2014. Regulatory updates, evolving demographics, economic conditions, and consumer preferences, unclear interest rate and house market will contribute to the changing landscape of the HECM market,” the report stated. In 2023, it has increased to 23.6%.

Mortgage 331
article thumbnail

Consumer confidence drops for second consecutive month

Housing Wire

For the second consecutive month , Fannie Mae’s Home Purchase Sentiment Index , a composite index designed to track the housing market and consumer confidence to sell or buy a home, dropped six points in December to 74. in November, compared to the year prior, marking the largest annual appreciation since March 2014.

article thumbnail

The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

The Fiscal Policy Institute proposed the tax in 2014 , and it has been floating around Albany ever since. That article came out in 2014 right as the housing market was peaking. This tax directed is specifically at New York City because it is designated for cities in the state with populations of more than 1 million.