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How will mortgage rates impact seasonal inventory in 2024?

Housing Wire

This is due to demand rising late in one year, pushing through the early part of the next year and preventing inventory growth. This is due to demand rising late in one year, pushing through the early part of the next year and preventing inventory growth. Is the seasonal bottom going to happen later than I want?

Inventory 514
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Why purchase application data is below 2008 levels

Housing Wire

Credit growth in the previous expansion was going to be slow and steady until our household formation data got high enough to get demand higher. The years 2020-2024 were going to be the time when total home sales could finally reach 6.2 The years 2020-2024 were going to be the time when total home sales could finally reach 6.2

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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. The pandemic, as well as policymakers, continue to have the ability to send shocks through the system.

Marketing 458
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Housing Market Recession

Housing Wire

This article is part of our 2022 – 2023 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Some of the late incoming 2022 data show significant slowing. The event is exclusively for HW+ members , and you can go here to register.

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The End of Lender Appraisals?

Appraisal Today

The End of Home Appraisals? As with all banned words, Freddie’s list will lead to the need to ban additional words over time as appraisers, expunging the word “desirable,” will find synonyms when analyzing market reaction to the views of two homes or to the cul-de-sac location of a home versus the midblock location of a comparable.

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Appraiser Countersues Alleged Discrimination

Appraisal Today

Plaintiffs cannot transform allegations of incompetence or a breach of appraisal industry standards into racial discrimination by baldly alleging that Mr. Lanham believed that Plaintiffs did not belong in their neighborhood and that their home was worth less than other homes because of their race. Connolly & Mott v.

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Local housing markets: Othello, Osage Beach and Vienna

Housing Wire

It is also the city Jesse “Weno” Dominguez, an agent at Imagine Realty Group, calls home. “I The growth of Othello, and Adams County in general, over the past few years has resulted in what Dominguez describes as sporadic market conditions. billion market and he expects it to continue to grow.