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Why higher rates aren’t crashing home prices

Housing Wire

Home prices aren’t crashing, despite what the housing bubble boys are saying. The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. Well, it’s June 9, 2023, and home prices have been firm month to month, not showing anything that resembles the housing bubble crash years.

Mortgages 545
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The 2021 housing market recap by Logan Mohtashami

Housing Wire

A bullish housing market. What a year 2021 has been. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades.

Marketing 530
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The savagely unhealthy housing market is now a nightmare

Housing Wire

The housing nightmare continues. My nightmare scenario, on the other hand, has happened and this is bad news for everyone. NAR Research : The median existing-home price for all housing types in May was $407,600, up 14.8% from May 2021 ($355,000), as prices increased in all regions. million , down 3.4% from last year.

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Too Hot, Too Cold or Just “Tight”

Housing Wire

This article is part of our Housing 2022-23 forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. Headline Inflation is Over-Served.

Mortgages 369
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Housing Market Tracker: Banking crisis is a new variable

Housing Wire

The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Weekly inventory increased by 1,734. The economic data was OK last week.

Banks 379
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What happens after the Fed’s rate hike?

Housing Wire

And, once they’re done hiking rates, will the Fed need to keep rates high because the consumer balance sheet looks so good? From the WSJ article: “ U.S. From the WSJ article: “ U.S. ” For my economic work, household balance sheets were better during the last expansion than prior to the housing collapse. .”

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Navigating The Market As A First-Time Home Buyer 2021

Realty Biz

2021 has continued to be frustrating for first time home buyer in Massachusetts as well as many of the metro markets throughout the country. So how do you navigate the real estate market as a first-time home buyer in 2021? What Is Driving The Market in 2021? What Is Driving The Market in 2021? Find A Buyer’s Agent.

Marketing 119