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Is the Dallas Fed right to label this a housing bubble?

Housing Wire

Are we headed to a housing bubble? The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. Housing Bubble. The online reaction was immediate — housing must be about to crash. For the housing bubble 2.0 I disagree with this conclusion. Let me explain.

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Housing Market Tracker: Mortgage rates and inventory fall together

Housing Wire

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. In a regular market, they would be closer to 5.25%.

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Think US home prices are high? At least we aren’t Canada

Housing Wire

When it comes to home prices — and especially home prices compared to income — our neighbors up north are like Godzilla to our gecko. wasn’t in a second housing bubble. wasn’t in a second housing bubble. It’s now evident that housing did not collapse and in fact home prices are savagely unhealthy. look very cheap.

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Should I Buy a House Now or Wait for Recession?

Marco Santarelli

If you're looking to buy a house, you might be wondering if you should buy a house or wait for a recession. It’s essential to weigh the pros and cons of buying a house now versus waiting for a recession. Recession buyers will need a high credit score, strong finances, and stable income.

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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. Odds are that this turn in the pandemic will likely be just a temporary setback.

Mortgages 453
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Lawler: Update on “Is the “Natural” Rate of Interest Back to Pre-Financial Crisis Levels”

Calculated Risk Real Estate

First, from housing economist Tom Lawler: Early Read on Existing Home Sales in January Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 4.02

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Selling Your Home in a Balanced Market

Windemere Selling

Your local market conditions dictate the real estate climate around you. Where things are on the buyer’s/seller’s market spectrum will impact how you and your Windermere real estate agent approach selling your home. The housing market is categorized as a seller’s market when demand for homes is greater than the supply on the market.