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Why Hometap is betting on the growth of the home equity investment market

Housing Wire

The market for home equity investment is still small, with the estimated investment volume from players in the market to be around $2 billion and $3 billion. With continued demand for home equity investment from homeowners, Burnett is confident that the market is poised for growth in the decade ahead. How big is it?

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Housing Market Tracker: Inventory finally rises

Housing Wire

Can we now say that the housing market ‘s spring selling season is finally underway? The red line is where NAR believes a balanced market is, at six months of supply. As you can in the chart below, the monthly supply data shows we have no forced selling action in the housing market today, unlike the 2006-2011 period.

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Housing Market Tracker: Spring inventory grows

Housing Wire

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The market is a bit calmer now than when Silicon Valley Bank failed , evident in how the stock and bond markets traded this last week. While the labor market is getting less tight, it’s not broken yet.

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How Delta variant may impact housing market

Housing Wire

The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal. This was my big fear. Become a member today. Already a member?

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Reverse mortgage lender hires former news anchor in new marketing push

Housing Wire

Mansbridge served as the lead anchor for CBC News’ “The National,” its flagship broadcast, from 1988 to 1992, and then from 1995 until his retirement in 2017. His hiring is designed to refresh communications related to the bank’s reverse mortgage offering, available to Canadians at or over the age of 55.

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Housing Market Tracker: A wild week for rates

Housing Wire

It was a wild ride for the housing market last week! Now if the economy gets weaker, meaning the labor market sees a noticeable rise in jobless claims, then the 10-year yield should break under 3.21% , going all the way to 2.72%. The market will pay more attention to that than economic data this week. From the St.

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Housing Market Tracker: Inventory drops by 11,000

Housing Wire

The housing market faced some serious obstacles last week as the 10-year yield broke over 4%, mortgage rates rose to over 7%, purchase apps fell again and we are still trying to find the elusive seasonal bottom for housing inventory. Last week we had a lot of action on the bond market just to end up exactly where we were the previous Friday.

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