Remove articles for-2021-housing-data-context-is-key
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Why home prices haven’t crashed even with high mortgage rates

Housing Wire

The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. Weekly housing inventory data We will start with the price cut data percentage because it deserves a detailed explanation.

Mortgage 533
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Housing Market Tracker: Purchase apps surprise

Housing Wire

That was surprisingly strong, but as I have always stressed, context is critical. Active housing inventory grew while new listing data fell. But, last year we had the biggest waterfall collapse in purchase application data ever for a single year, and since Nov. 9, 2022 , this data has been forming a bottom-end range.

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Logan Mohtashami’s 2023 housing market forecast

Housing Wire

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. So where does all that drama leave us for 2023? Home price s.

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The End of Lender Appraisals?

Appraisal Today

In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8