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July: Market Update for Housing Marketers

Housing Wire

July saw whiplash mortgage rates and our audience followed economic news very closely. But we also saw some resiliency, with companies expanding loan products — especially cash out and home equity— and shoring up their mortgage servicing rights. The post July: Market Update for Housing Marketers appeared first on HousingWire.

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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy.

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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 last two years have been a wild ride. Odds are that this turn in the pandemic will likely be just a temporary setback.

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IPO no: Why real estate companies stopped going public

Housing Wire

Gal and other company representatives did not return messages for this article. New ventures have tried to disrupt it in all sorts of ways. “New New ventures have tried to disrupt it in all sorts of ways. But no one has really managed to make a big dent.”. Today, though, Side is radio silent on going public. Seeing red.

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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. Home price s. So where does all that drama leave us for 2023?

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New home sales make it clear: Housing is in a recession

Housing Wire

Tuesday’s report on new home sales came in as a miss of estimates and prior revisions were all negative. This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. “I don’t expect a boom in housing construction.

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Here’s why new home sales are up along with prices

Housing Wire

Today new home sales beat estimates , and new home median sales prices hit an all-time high. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs. Census Bureau and the Department of Housing and Urban Development.