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DataDigest: Goldilocks and the big IMBs

Housing Wire

Refi share of lock volume remained at 12% in July as rates climbed to the 7% range, where they look poised to remain well into the fall. Most of the publicly traded IMBs cut costs in the first half of 2023, and several pledged to keep sharpening their knives. As such, it’s unlikely that we’ll reach $1.8 Guild originated $4.5

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Build-for-rent is a bet on the ‘new normal’ housing market

Housing Wire

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. The Northmarq report points out that the BFR sector currently accounts for only a small slice of overall home starts, at about 6%.

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CoreLogic House Price Index Up 6.9%: Annual Forecast is Negative

Marco Santarelli

US Home Prices Rose By 6.9% in December 2022 CoreLogic , a data and analytics company, released its CoreLogic HPI report on February 7, 2023, with analysis through December 2022 with forecasts through December 2023. The report is designed to provide an early indication of home price trends.

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2023 Housing Market Year In Review: A Market Ruled by Mortgage Rates

Redfin

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. It started with a continuation of negative trends from the end of 2022 and turned into the least affordable year for home buying on record.

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5 Silver Linings for Home Buyers in 2023

HomeLight

If you’re thinking about buying a home right now, you’re probably eyeing housing market headlines with caution. Everything from stubborn inflation and increasing mortgage rates to potential home price declines could cause potential buyers to rethink a new home investment. metro areas saw double-digit home price increases.

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Charleston Housing Market: Prices | Trends | Forecasts 2022

Marco Santarelli

Charleston is home to over a hundred and thirty thousand people. The Charleston SC real estate market ranges from a somewhat dense downtown full of apartments to luxury waterfront homes and condos to affordable suburban properties. Median Home Value. Home Owners. Home Renters. Single-Family Homes.