Housing Wire

MARCH 26, 2023

These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. In a regular market, they would be closer to 5.25%.

Mortgages 439

Mortgages Marketing Banks Closing 439

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. Last year starting in October, purchase application data had an abnormal volume rise toward the end of the year.

Days on market 464

Days on market Marketing Sales Mortgages 464

Housing Wire

MARCH 31, 2022

The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. My rule of thumb has always been, if you’re going to use the phrase housing bubble, you need to point to when the bubble started, because a bubble means that prices would fall back to some earlier point in time.

Bankruptcy 520

Bankruptcy Lending Mortgages Title 520

Housing Wire

JANUARY 5, 2023

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. Mortgage rates. So where does all that drama leave us for 2023?

Marketing 530

Marketing Mortgages Sales As-is 530

Housing Wire

NOVEMBER 23, 2022

What is going on here? My job is always to be the detective, not the troll so let’s take a look at today’s data, as there is a constant theme here that I have talked about for some time. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs. percent (±20.8 percent (±19.6

Sales 435

Sales Construction New Construction Mortgages 435

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

Mortgages 540

Mortgages Sales As-is Construction 540

Marco Santarelli

AUGUST 5, 2020

Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Earlier, in the first quarter, some economists had predicted that housing prices would fall in 2020 but such forecasts are losing grounds as the U.S. nationwide for the week ending July 25, posting a 2.7

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145