Housing Wire

FEBRUARY 4, 2024

How will mortgage rates impact seasonal inventory in 2024? Also, when mortgage rates rise, the inventory peak happens later in the year. However, when mortgage rates rise and demand gets hit, the price cut percentage data grows year over year. Is the seasonal bottom going to happen later than I want?

Inventory 508

Inventory Mortgage New Listings Housing Market 508

Housing Wire

MARCH 19, 2023

Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Weekly inventory increased by 1,734. This assumes the spreads are wide as the mortgage-back securities market is still very stressed.

Housing Market 378

Housing Market Marketing Inventory New Listings 378

Housing Wire

DECEMBER 16, 2021

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. In thinking about the year ahead, I am going to frame my comments around five questions I often hear from lenders.

Marketing 458

Marketing Mortgage Supply Chain Inventory 458

Appraisal Today

APRIL 19, 2024

Last week’s email from Cindy Chance, the CEO of the Appraisal Institute, marks an important and long overdue shift in the organization’s approach to addressing accusations of bias in the appraisal profession. As Chance acknowledges, the Institute should have done more to advocate for appraisers and make the public aware of their professionalism.

Appraisal 67

Appraisal Contracts Valuation Design 67

Housing Wire

JUNE 18, 2023

Mortgage rates were near 7% last week but purchase applications were still able to pull out an 8% week-to-week gain. Mortgage rates hardly budged last week, even with the Federal Reserve ‘s announcement it was pausing rate hikes and CPI inflation reports. I explain how this happened in this recent podcast.

Housing Market 472

Housing Market Marketing Inventory New Listings 472

Housing Wire

JANUARY 4, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. We view the current rate of personal consumption as unsustainable given the combination of a low personal saving rate and an elevated ratio of debt-to-personal disposable income among consumers.

Housing Market 513

Housing Market Marketing Mortgage Contracts 513

Housing Wire

MAY 2, 2022

This article is part of our housing market update series. Currently, bets are on two, 50 basis-point hikes in May and June meetings, followed by 25 basis-point increases through the end of the year. At over 5%, mortgage rates are now the highest they have been since 2010. Deviations from economic predictions.

Housing Market 384

Housing Market Marketing Buyers Inventory 384