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14 real estate trends Gen Z buyers are looking for

Housing Wire

Here are 14 real estate trends Gen Z buyers won’t pass up. Gen Z likes to stay close to home With the continued trend of remote work and little desire for a long commute, Gen Z buyers are moving to homes in walkable communities with nearby amenities. Gen Z values diversity and inclusivity.

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How record-low mortgage rates changed everything in 2020

Housing Wire

Mortgage rates would fall to record lows 16 times throughout 2020, with origination volume expected to eclipse $4 trillion. Low rates also continued to feed the refinance frenzy for many segments of borrowers while buyers created for a very early summer homebuying season. Quite the opposite. Meanwhile, refinancings rose to 65.7%

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Buyers and sellers agree: it’s a good time to enter the housing market

Housing Wire

For the third consecutive month, Fannie Mae’s Home Purchase Sentiment Index, a composite index designed to track consumers’ desire to sell or buy a home, gained 0.7 While the state of the market shines brightly for prospective buyers and sellers, the economy overall is showing some slight hesitation. points in October to 81.7.

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These markets are attracting the most out-of-state real estate investors

Housing Wire

Following extensive renovations that took nearly a year to complete, the property was resold to an owner-occupant buyer in July 2020. The data shows 30% of all properties purchased via online REO auction in Allen County were to out-of-state buyers, ranking 36th highest among 198 U.S. 60%); Richmond County/Augusta, Ga. (56%);

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

Housing Wire

The entire system has to be designed to inflate the price over time. We finally paid the price — pun intended — of not having enough product, with massive home price gains from 2020-2022. So when you add move-up buyers, move-down buyers, first-time homebuyers, cash buyers and investors together, this can get out of hand.

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What’s influencing the increase in REO acquisitions?

Housing Wire

MC: The demand for REO assets remains strong, with inflows and overall REO inventory levels remaining significantly less than post-Q1 2020 inventories. How has the foreclosure-related regulatory landscape changed since 2020 and 2021? HW: What does the current market and demand for REO assets look like?

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The Fed makes its move – and more rate hikes are coming

Housing Wire

The move, designed to slow the pace of inflation, which reached 7.9% The purchases of Treasuries and MBS, which ended this month and were designed to support the economy during the Covid-19 pandemic, helped the housing and mortgage markets reach never-before-seen heights. mortgage industry funded $4.1

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