Housing Wire

DECEMBER 28, 2020

This is the third installment of our economist Q&A series of the top housing market forecasts for 2021 that focus on everything from home sales to mortgage rates. This article has been lightly edited for length and clarity. Frank Nothaft Executive and Chief Economist at CoreLogic. Already a member?

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Mortgages Marketing Sales As-is 484

Housing Wire

MAY 4, 2023

A paradoxical picture is emerging as the spring market is underway. On the one hand, elevated mortgage rates continue to erode buyers’ purchasing power, and in some markets, home prices are falling. On the other hand, inventory is still low, and homes are still selling fast, often with multiple offers.

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Marketing MLS Mortgages Equity 409

Housing Wire

DECEMBER 8, 2021

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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Bankruptcy Loans Sales Short sale 518

Housing Wire

JUNE 21, 2022

The housing nightmare continues. Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. The only way this happens is higher rates.

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Purchase and sale agreement Marketing Sales Mortgages 540

Housing Wire

SEPTEMBER 21, 2022

Before the pandemic, the historical average of annualized house price growth was approximately 4%. Yet, pandemic-era dynamics exacerbated an already large housing demand and supply imbalance, fueling record-breaking annual house price growth, peaking at nearly 21%. The tailwinds. percentage points, more than any other age group.

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Equity Mortgages Lending Marketing 454

Housing Wire

NOVEMBER 9, 2022

But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. Understanding this data line and what it is trying to tell you will be more valuable than erroneously thinking the market is crashing and we’ll see a wave of foreclosures.

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Housing Wire

APRIL 19, 2021

A recent article published by CNBC showed that internet searches for the term “housing crash” had gone up 2,450% in the past month. A lot of folks are concerned about a housing market crash. This is why I stress that housing is the cost of shelter to your capacity to own the debt, not an investment.

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Marketing Investor Mortgages Loans 540

Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. This is happening, and in the long run, this is a plus for the housing market.

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Days on market Marketing Sales Mortgages 468

Housing Wire

JUNE 10, 2022

Because homeownership is traditionally considered one of the surest routes upward in a socially mobile society and the primary means by which Americans accumulate wealth, the inability to buy a home puts much more than just the real estate market in jeopardy. Buyer morale is at an all-time low for good reason.

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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. The last two years have been a wild ride.

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Mortgages Marketing Industrial Equity 454

Housing Wire

MAY 3, 2022

In this HW+ Slack Q&A, HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more. Logan Mohtashami: Yes, purchase application data has always been a useful forward looking indicator for housing, especially when we are dealing with higher mortgage rates.

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Marketing Mortgages Sales As-is 395

Housing Wire

FEBRUARY 3, 2022

This article is part of our HousingWire 2022 forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business. 5 predictions for the 2022 housing market.

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Housing Wire

MARCH 15, 2022

In this HW+ Slack Q&A , Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, whether or not he has updates to his 2022 forecast and more. million, which would be historically low, but it would be a sane marketplace. We don’t want to see the fall and winter fade to fresh new all-time lows in 2023.

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Sales As-is Equity Mortgages 402

Housing Wire

MARCH 28, 2022

In this HW+ Slack Q&A , Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, whether or not he has updates to his 2022 forecast and more. However, since I had the possibility of the 10-year yield getting to 2.42% and 4% plus mortgage rates, I accounted for that in the range.

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Marketing Construction Equity Mortgages 339

Housing Wire

DECEMBER 22, 2021

This week’s HW+ member spotlight features Shant Banosian, executive vice president of sales at Guaranteed Rate. According to HousingWire’s most recent coverage , Banosian, who has several dozen team members, has funded over $7 billion loans throughout his career, and has been with Guaranteed Rate for over 14 years.

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Marco Santarelli

MARCH 31, 2024

For prospective homebuyers, the current housing market presents both opportunities and challenges. With interest rates fluctuating and market dynamics constantly evolving, making the right decision at the right time is crucial. New listings rose in February, signaling a potential shift in the market.

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Housing Wire

JUNE 10, 2022

Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? His articles are always my favorite. His recent article, “Purchase apps are at 2009 level: where’s the inventory?” His recent article, “Purchase apps are at 2009 level: where’s the inventory?”

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Housing Wire

MARCH 25, 2022

This week’s HW+ member spotlight features Arjun Dhingra, who serves as sales and business development at All Western Mortgage. Creating a large following on Instagram , he offers updates on the housing market, tips on the home-buying process and so much more. HousingWire: What is your current favorite HW+ article?

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Technology Industrial Mortgages Lending 357

Housing Wire

DECEMBER 3, 2021

This week’s HW+ member spotlight features Reina Ramos, senior vice president, mortgage market leader at City National Bank of Florida. Below, Ramos answers questions about the housing industry: HousingWire: To start off, what is your current favorite HW+ article and why?

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Due diligence Loan Officer Banks Industrial 383

Keeping Current Matters

MARCH 9, 2021

Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. Articles talked about the “negative impact” it may have on the housing market. The bump-up in rate should not have surprised anyone. What does this mean for you?

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Calculated Risk Real Estate

AUGUST 4, 2023

According to MortgageNewsDaily.com 30-year mortgage rates are at 7.11% today for top tier scenarios. The graph below from MortgageNewsDaily.com shows 30-year mortgage rates since 2010. Excluding the runup last year, the last time we saw rates this high was in 2001. And will inventory pickup with rates over 7%?

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Marco Santarelli

SEPTEMBER 16, 2023

If you're looking to buy a house, you might be wondering if you should buy a house or wait for a recession. It’s essential to weigh the pros and cons of buying a house now versus waiting for a recession. Buying a house during a recession can be a good idea if you are qualified and willing to wait for prices to drop.

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Debt-to-income ratio Loans Mortgages Short sale 98

Realty Biz

MARCH 13, 2024

While rising prices and mortgage rates present challenges, it’s still possible to find your dream home with the right strategy. This article explores the key factors home buyers need to know about the Maryland housing market this year. This gives you a price range to target in your home search.

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Marco Santarelli

OCTOBER 9, 2023

In real estate, the trajectory of mortgage rates holds profound significance. As interest rates rise, they cast a formidable influence on the dynamics of the real estate market. Higher mortgage rates can tip the scales of affordability, potentially impacting property demand and influencing investment decisions.

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The Close

FEBRUARY 20, 2024

In real estate, the market is tied to the basic economic rule of supply and demand, which determines if a market is a buyer’s market vs seller’s market. Sure, certain seasons might have more foot traffic than others, but the housing market could vary drastically from neighborhood to neighborhood.

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Realty Biz

SEPTEMBER 7, 2023

As life evolves and families grow, the need for a bigger house may become evident. The article discussed at length how to know. The article discussed at length how to know. I custom-built the house. There is nothing wrong with wanting a big house. I went from a modest home to a much larger property.

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Staging Closing costs Mortgages Renovation 122

Lighter Side of Real Estate

DECEMBER 13, 2023

mortgage rates will come down. So the recent news that ING Economics predicts that The Federal Reserve will cut rates 6 times starting in the second quarter of 2024 is probably music to your ears! However, when The Federal Reserve raises or lowers rates, it doesn’t directly impact mortgages.

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Realty Biz

FEBRUARY 14, 2023

Are you unsure of what to expect from the housing market in 2023? Experts predict that buyers will have more leverage in 2023, and they also predict a turnaround of the entire market as we head into 2024. You may have questions such as: Will mortgage rates continue to increase? What about foreclosures?

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Lighter Side of Real Estate

JANUARY 11, 2023

People were flocking to buy a house when it was possibly one of the most difficult times in history to do so. Sure, interest rates were super low, but that’s about the only thing buyers had in their favor. Yet buyers were still lining up (literally) to buy houses. Houses are taking longer to sell.

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Toronto Realty Blog

JANUARY 11, 2024

It’s only been a few days but already, I feel as though this January real estate market is going to be very slow. Very few listings have come onto the market, but more importantly, the pattern of behaviour I have established when looking at “new listings” is concerning. I’m on a 2.59% fixed-rate mortgage.

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Realty Biz

APRIL 13, 2023

Inflation can have both positive and negative impacts on real estate. On the other hand, inflation can also increase the cost of borrowing, making it more difficult for people to obtain mortgages and other forms of financing. In addition, inflation can also affect the rental market.

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Marketing Investor Finance Renovation 79

McKissock

MARCH 11, 2022

housing market. After a week of declines, mortgage rates are back on the rise. housing market. ” This Redfin News article provides an overview of “how drastically the housing market has changed since then.” The second-home market is booming. Read the full report.

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Marco Santarelli

APRIL 26, 2023

The housing market is an ever-changing landscape, with various factors influencing its trends and movements. One of the most significant factors impacting the housing market is interest rates. Another important trend to consider is the relationship between housing market interest rates and inflation.

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Marketing Debt-to-income ratio Fixed-rate mortgage Banks 52

Realty Biz

SEPTEMBER 29, 2022

Home sales are a part of the economy that is affected fast and significantly when the Federal Reserve raises interest rates. Buyers are directly and immediately impacted but sellers are also seeing the fallout. Beginning in March, we have now had five interest rate increases with three of them being three-quarter-point hikes.

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Debt-to-income ratio Development Loans Staging 90

RIS Media

FEBRUARY 2, 2022

This month, Real Estate magazine had the opportunity to sit down with Rocket Mortgage’s Bill Banfield, executive vice president of capital markets, to discuss what’s in store for real estate professionals and their clients as mortgage rates continue to rise this year.

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Marco Santarelli

MARCH 22, 2023

In this article, we will explore the history of Federal Reserve interest rates , including some of the major changes and their effects on the economy. One of the key tools that the Federal Reserve uses to fulfill this mandate is the manipulation of interest rates.

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The Close

JUNE 22, 2023

But for value-seeking investors like myself, the scariest time to invest is actually in a good economy, when housing prices are rising at a blistering pace. This is because it is difficult to identify the top of a market, and nobody wants to buy at the top of the market just to watch the value of their investments fall during a downturn.

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