Housing Wire
SEPTEMBER 20, 2023
next year and to reach 2% in 2026, he added. On the housing market, he noted that activity “picked up somewhat” although it remains well below the levels of a year ago, largely reflecting higher mortgage rates. Indeed, Sturtevant highlighted the resilience of the housing market in the face of rising interest rates.
Housing Wire
DECEMBER 13, 2023
The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. For 2026, Fed officials projected rates to fall below 3% by the end of 2026 through three more quarter percentage point reductions. in 2025, indicating four more 25 bps cuts.
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Housing Wire
DECEMBER 11, 2023
The mortgage rate dip is welcome news for the housing market, but loan originators and industry executives emphasized that rates need to decline further and remain stable to reinvigorate buyers’ demand. Buyers want to know that they will be able to get a low mortgage rate when they lock in a rate. in 2025.
Housing Wire
APRIL 27, 2022
I believe the homeownership rate can get back to 66.21% at some point in the years 2022-2026.”. The loan profile of buyers during the post-2010 expansion is excellent, so when the next job loss recession happens, we won’t lose as many homeowners (compared to what occurred after the Great Recession).
Will Springer Realtor
JANUARY 9, 2024
This should have sparked the fading embers of an otherwise chilly housing market in Seattle/King County in the final days of 2023. In other words, the housing market was in deep hibernation and the conditions should only improve from here. But by how much? Condo prices inched up 0.4% rise and a 6.2% in King but down 2.1%
Will Springer Realtor
JANUARY 23, 2024
Headlines aside, many prospective buyers have explained to me that they want to leap to homeownership but are waiting for prices and/or mortgage rates to come down. Yes, that’s the affordability challenge – meeting buyers in their happy spot as they manage budget responsibilities every month. This is useful but overly simplified.
Will Springer Realtor
OCTOBER 8, 2021
Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. The market may go into a brief lull – as it does during this quarter and into early next year. Estimated opening is 2026.
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