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Opinion: The ripple effect on the U.S. housing market from China’s real estate crisis

Housing Wire

Lax lending standards and cheap credit, plus a popular belief that real estate values never decline, created a massive bubble. Despite the risks, there are multiple ways events in China could end up benefitting residential real estate in the US. Following a pattern eerily similar to the U.S. in 2008 and 2009.

Marketing 389
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What do economic trends mean for housing in 2023?

Housing Wire

After this series wraps, join us on May 30 for the next Housing Market Update Event. However, the recent softness in home prices has raised questions about whether this is, “2008 all over again!” Mortgage underwriting standards were much tighter for the past decade than in the era preceding the 2008 financial crisis.

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The state of the homebuilding market

Housing Wire

After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. A documented process can help builders achieve industry standards. Builders are getting smarter about their finances, which includes planning for project success. This article is part of our 2022 – 2023 Housing Market Update series.

Marketing 442
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The Red-Hot Housing Market

Housing Wire

After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. But more recently, market conditions have done an about-face. However, instead of being dejected, now is the opportunity for everyone to become re-educated about what a “typical” housing market looks like.

Marketing 358
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The 2023 Housing Market: A Look Ahead

Housing Wire

After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. This sounds dramatic, but when considering where that would put home prices, it means that if we were to see that decline fully realized by April of next year, prices would only be down about 5 percent year-over-year.

Marketing 486
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What does the new normal for first-time homebuyers look like?

Housing Wire

While speculative buying still persists, the primary driver of current housing demand is first-time homebuyers, armed with mortgages that have been underwritten with much stricter lending standards, further mitigating the risk of a housing bust. Want to learn more about what to expect when it comes to the future of the housing market?

Equity 452
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Opinion: The risk from Fannie Mae’s mission creep

Housing Wire

Companies that had strong underwriting standards and risk-protection survived the crisis. Unfortunately, reports of a new Fannie Mae pilot program would take us down another risky path. At five years, the daily cost of coverage is about 68 cents per day. After 10 years, the price drops to 34 cents a day.

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