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Housing inventory defied all predictions in 2023

Housing Wire

Looking back on 2023, the inventory story was a big surprise even as mortgage rates headed toward 8%, as the data below will show. This didn’t happen once in 2023 — even with rising mortgage rates. This will be a crucial data line in 2024 if rates decrease and demand increases.

Mortgages 507
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Days on market grow despite low inventory for existing homes

Housing Wire

This article , which I wrote in 2019, does show you the historical work in the past decade on the housing bubble talk. Last year starting in October, purchase application data had an abnormal volume rise toward the end of the year. As mortgage rates rose more and more, the October to January data was going to show big negative prints.

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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. How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates?

Mortgages 454
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Should I Lock in My Mortgage Rate Today?

Redfin

Mortgage interest rates are always changing – moving up and down each day, even each hour. These quick changes can impact the amount you pay when you refinance or close on your mortgage. However, locking in your mortgage rate does come with some risk. Get pre-approved Why do mortgage rates change?

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Jobs in real estate without a license

Realty Biz

If you are not willing to go through the process of obtaining a real estate license, throughout the following article, we will show you the jobs in real estate that don’t require one. House flipping requires a lot of money upfront, extensive knowledge of lending and mortgage trends, and good instinct.

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Housing Market Tracker: Inventory falls again

Housing Wire

This is why I’ve created the Housing Market Tracker — a weekly analysis of purchase apps, housing inventory and mortgage rates that will be published every Monday. Looking at these three data lines is important because: Purchase application data is a demand trend that looks out 30-90 days. Purchase application data.

Marketing 453
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How To Finance Turnkey Rental Properties?

Norada Real Estate

In a conventional mortgage, the down payment is the smallest and the rate of interest is also lower. In this article, our focus would be to discuss the various means of financing a turnkey rental property. There are three basic ways to finance turnkey rental properties – Cash, Borrowing, and Loan or Mortgage.

Finance 96