Remove 2023 10 23 why-home-prices-keep-going-up
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Fewer homes will take a price cut in spring 2024

Housing Wire

Will the number of homes that take a price cut this year drop below 2023 levels? If the current trends continue into the strong seasonal pricing period, we will see fewer homes that are discounted before selling. However, as home sales stabilized in 2023, so did this data line.

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What will lower mortgage rates do to spring housing inventory?

Housing Wire

Lower mortgage rates tend to take housing supply off the market and demand has been picking up lately as rates have fallen. The question now is what will inventory look like in the spring if mortgage rates keep falling? Mortgage rates and the 10-year yield The 10-year yield ended the week roughly flat.

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Why home prices haven’t crashed even with high mortgage rates

Housing Wire

The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. This happened even with higher home prices and higher mortgage rates in 2023. Weekly inventory change (Dec.

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Have lower mortgage rates already boosted housing demand?

Housing Wire

Purchase application data was up 3% versus last week, making the year-to-date count 20 positive prints , 23 negative prints, and one flat week. Mortgage rates and the 10-year yield The 10-year yield ranged from a high of 4.69% to a low of 4.38% last week, and mortgage rates went from a high of 7.58% to a low of 7.36%.

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Number of price cuts drops as housing inventory rises

Housing Wire

Last week, housing inventory grew and the number of price cuts fell, which is expected at this time of the year. So let’s hope for more home sellers in 2024. In any case, we will keep an eye on housing inventory going out in the future. This 10-year yield range means mortgage rates between 5.75%-7.25%.

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Housing Market Tracker: Inventory gets summer lift

Housing Wire

But, last year saw the biggest home sales crash ever recorded in history, so the rise in inventory last year happened because of an abnormal event and we were working from a very low bar. million People often ask me why there is such a difference between the NAR data versus the Altos Research inventory data.

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Here’s why the home insurance market matters

Housing Wire

HousingWire recently spoke with Matic CEO and co-founder Ben Madick about the changing home insurance market, how it impacts mortgage lenders and homeowners, and why lenders should pay attention. HousingWire: What is the current home insurance market like? Two key trends have emerged in this landscape. Overall in the U.S.,