Remove 2025 Remove Contracts Remove Inventory Remove Lending
article thumbnail

Mat Ishbia talks the ‘loser mentality,’ the controversial ‘ultimatum’ and the years ahead

Housing Wire

Meanwhile, 2025 and 2026 will be off the charts. What does Ishbia think about surging mortgage rates , lack of housing inventory and monetary and policy pressures ? And 2024, 2025 and 2026, they’ll be the three best mortgage years in history because everybody that’s doing 6.5% Rates lowering frees up inventory.

Retail 347
article thumbnail

Mostly Positive Start to 2024 Housing Activity in Seattle/King County

Will Springer Realtor

Total inventory remains low, however, keeping prices higher on an annual basis. The true barometer will be measured by the number of homeowners who enter the market this year – depending on lending rates and personal factors. months’ inventory, up from 1.4 months’ inventory (2.0 Single-family inventory rose to 1.6

Insiders

Sign Up for our Newsletter

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

article thumbnail

Eastside Residential Market Sees Big Gains in Sales, Prices

Will Springer Realtor

In turn, consumers experience the trickle-down effect in the form of costlier lending rates when holding credit card debt or purchasing cars and homes. New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month.

article thumbnail

DataDigest: Goldilocks and the big IMBs

Housing Wire

The speed of the rate hikes has shrunk gain-on-sale margins because mortgage companies haven’t contracted quickly enough to offset falling demand. His prediction is that 2025 and 2026 “will be off the charts.” The size of the lending opportunity in the upcoming years is hard to figure at the moment.

Retail 325
article thumbnail

High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

The number of homes going under contract – known in the industry as Pending sales – fell to 2340, an August figure not seen in King since 2010 when there were only 1580 in the heart of the housing crisis. Inventory was little changed from July to August. months’ inventory, down from 1.5 Condo inventory stayed at 1.8

Finance 68
article thumbnail

2024 Updated UAD and URAR – What does It Mean for You?

Appraisal Today

As someone who’s potentially interested in ‘training’ appraisers on the new process, it seems to me that providing training in Q2 2025 would be more appropriate than 6 months before. Additionally, it becomes critical to dig deeper into granular inventory metrics beyond total listing tallies. What does this mean for appraisers?

article thumbnail

Too many appraisers?

Appraisal Today

The Inevitable Cyclicality of Mortgage Lending. ” The most popular reason for respondents rebuffing the bubble thesis is strong market fundamentals, including demographics, scarce inventory and shifting housing preferences. recession to begin in 2023, which gathered more votes than 2022 (30%), 2024 (8%) or 2025 and beyond (17%).