Remove articles why-new-home-sales-are-finally-moderating
article thumbnail

Pending home sales shock 2021 housing crash bears

Housing Wire

Today, pending home sales came in as a big beat of estimates — up 7.5% This is a big reason why I always have my two staple sayings. economy, know that I won’t lie to you for clicks; it will be based on boring economic models that are back-tested in time and adjusted for new variables 24/7. in October. .”

Inventory 530
article thumbnail

Will the housing inventory crisis end this year?

Housing Wire

Logan Mohtashami: No, it will not, it’s gotten worse this year, and typically you can’t start a year at fresh new all-time lows and have that go away in the same calendar year. We don’t want to see the fall and winter fade to fresh new all-time lows in 2023. HousingWire: So why aren’t mortgage rates higher?

Inventory 408
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why new home sales are finally moderating

Housing Wire

We’ve seen our share of hyperbolic headlines in the housing reports this year, and for that reason, I have been compelled to reiterate my belief that the “too-hot” data will moderate to a more normalized trend. But, we hadn’t seen that moderation in any meaningful way until today’s new home sales data.

Inventory 528
article thumbnail

Logan Mohtashami: The 2022 housing forecast

Housing Wire

But when a new, powerful variable presents itself, like the worldwide COVID-19 pandemic, the economy can change on a dime. I said that when the economy was beginning the new expansion, the 10-year yield would create a range between 1.33%-1.60%. Why do I not believe bond yields will push higher aggressively? Existing-home sales.

article thumbnail

Appraisal Profession Dying?

Appraisal Today

My non-lender appraisals have changed very little with few, if any new “requirements”. PAREA is being touted as the savior and the best appropriate way to get new people into this profession, especially people of color. My non-lender appraisals have changed very little with few, if any new “requirements”. By Dave Towne, Jan.

article thumbnail

First Time Home Buyer Guide Raleigh, NC

Raleigh Realty

First Time Home Buyer Guide Raleigh, NC Buying a house for the first time is a big decision, so you want to make sure you are ready as a first time home buyer. That is what prompted us to create this first time home buyer guide filled with tips, tricks, programs, grants, and all the steps involved in the home buying process.

Buyers 148
article thumbnail

CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

The work-from-home lifestyle has changed the way we go about our lives. Our area’s predominantly tech-centric businesses adapted quickly to the pandemic and employees became comfortable working from home while leaving the city looking somewhat desolate. Office vacancies in U.S. urban centers remain mostly higher than in 2019.