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The 2021 housing market recap by Logan Mohtashami

Housing Wire

A bullish housing market. 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. What a year 2021 has been.

Marketing 531
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Will Omicron variant stop first Fed rate hike?

Housing Wire

Regarding the 10-year yield and mortgage rates, this is where the conversation gets interesting for housing. During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. How do we make sense of all this?

Mortgages 536
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Will the housing inventory crisis end this year?

Housing Wire

As a member of HW+, you can us join for regular 30-minute Slack Q&As, where we invite the HW Media newsroom to break down the hottest topics in the industry. HW+ Member: With all of the money coming out of Rubles and a crazy equity market. Even today, with the hottest economic and inflation data in decades.

Sales 406
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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

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. 2020 and 2021 easily each have over 6.2

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What the Fed rate hike means for the economy

Housing Wire

With appropriate firming in the stance of monetary policy, the Committee expects inflation to return to its 2 percent objective and the labor market to remain strong. On Wednesday the Federal Reserve hiked interest rates 0.25%, which has forced me to raise my second recession red flag on this historic economic recovery and expansion.

Mortgages 447
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Will the 10-year yield send mortgage rates over 4%?

Housing Wire

I have been a happy camper lately, particularly with the rise of the 10-year yield as I am seeking balance in the housing market. I love these times in the market and the San Francisco 49ers are making an epic run in the playoffs, so what else can a person ask for? Today, as I write this article, the 10-year yield is at 1.793%.

Mortgages 391
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Housing inventory crisis continues in 2022

Housing Wire

Unfortunately, that didn’t happen and recent data shows that we are at fresh new all-time lows in housing inventory, with mortgage rates and the unemployment rate both under 4% currently. This level, while historically still low, will mean the days on market will go higher, and this will give people choices.