Housing Wire

JUNE 21, 2022

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8%

Purchase and sale agreement 539

Purchase and sale agreement Marketing Sales Mortgages 539

Housing Wire

MAY 9, 2022

To persuade people of this, probably one of the most important articles I have ever written in my life was in 2019, titled: Housing Bubble 2019? housing market is more tied to mortgage buyers. Home prices in the U.S. The average home in Canada is now nearly $650,000 in U.S. dollars , which is more than nine times household income.

Short sale 526

Short sale Mortgages Equity Sales 526

Housing Wire

DECEMBER 8, 2021

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

Bankruptcy 512

Bankruptcy Loans Sales Short sale 512

Housing Wire

APRIL 25, 2023

This article is part of our ongoing 2023 Housing Market Forecast series. The Federal Reserve ’s ongoing war against inflation remains a source of uncertainty for interest rates and for broader financial markets. Although rates have ebbed from over 7% earlier this year to below 6.5% To register, go here.

Short sale 341

Short sale Staging Mortgages Banks 341

Housing Wire

NOVEMBER 4, 2022

From BLS : Total nonfarm payroll employment increased by 261,000 in October, and the unemployment rate rose to 3.7 From BLS : Total nonfarm payroll employment increased by 261,000 in October, and the unemployment rate rose to 3.7 The unemployment rate did rise from 3.5% This has been a theme of mine lately.

Marketing 475

Marketing Construction Land Mortgages 475

Housing Wire

MAY 23, 2023

While it’s not as clear how long-lasting the rebound will be, it does still provide some much-needed good news for the spring and summer housing market. That mild correction has played out, with an emphasis on mild. The national median home price decreased 1.7% in April 2023, according to the National Association of Realtors (NAR).

Marketing 404

Marketing Sales Mortgages As-is 404

Housing Wire

AUGUST 4, 2023

Mortgage rates are finally headed lower after a crazy week of jobs data showing that the economy isn’t going into recession. Job growth is slowing as we get closer and closer to the target range of the make-up demand in labor, but it hasn’t broken yet. What do I mean by a make-up demand in labor? percent, the U.S.

Mortgages 323

Mortgages Staging As-is Closing 323

Housing Wire

NOVEMBER 29, 2021

Who is crazy enough to write an American economic recovery model on April 7, 2020, and try to explain to people why housing isn’t going to crash due to demographics, good credit profiles and low mortgage rates? Today, pending home sales came in as a big beat of estimates — up 7.5% Whatever the future brings for the U.S. in October.

Sales 528

Sales Investor Title Mortgages 528

Housing Wire

DECEMBER 23, 2022

This article is part of our 2022-23 Housing Market Forecast series. The red-hot housing market of the past 2 ½ years was characterized by sub-three percent mortgage rates, fast-paced bidding wars and record-low inventory. The run-up in home prices was driven by rock-bottom mortgage rates and pandemic-fueled demand.

Marketing 352

Marketing Fixed-rate mortgage MLS Mortgages 352

Housing Wire

APRIL 3, 2023

Housing demand grew and inventory levels fell again while mortgage rates rose. Mortgage rates rose to 6.57%. The 10-year yield and mortgage rates Last week was interesting for the 10-year yield and mortgage rates.

Marketing 471

Marketing Banks Mortgages Sales 471

Housing Wire

MARCH 14, 2023

However, with the current banking stress news and the emergency action taken by the Fed to secure the banking sector, the question now is what will drive mortgage rates : inflation data, recessionary data, or something else we don’t even see coming? The chart below shows that shelter inflation is still rising.

Mortgages 355

Mortgages Banks Commercial Loans 355

Housing Wire

NOVEMBER 18, 2022

We don’t have any housing bubble or overheated demand data, nor can we. This article , which I wrote in 2019, does show you the historical work in the past decade on the housing bubble talk. However, I knew the years 2020-2024 would see better demand from the bump in demographics.

Days on market 462

Days on market Marketing Sales Mortgages 462

Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. The rapidly rising average purchase discount indicates that local community developers are anticipating a rapid slowdown in home price appreciation in the next six to 12 months. The event is exclusively for HW+ members , and you can go here to register.

Development 421

Development Sales Marketing As-is 421

Housing Wire

DECEMBER 29, 2021

The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. mortgage rates, so on the mortgage rate side of the equation, it’s never been better. What a year 2021 has been. We started the year with many pundits saying that the U.S. However, not only did the U.S.

Marketing 521

Marketing Equity Construction Bankruptcy 521

Housing Wire

OCTOBER 31, 2022

The Federal Reserve will hold another meeting this week, where everyone assumes we will get another 75 bps rate hike. The question is: how many more rate hikes are left? And, once they’re done hiking rates, will the Fed need to keep rates high because the consumer balance sheet looks so good?

Bankruptcy 512

Bankruptcy Lending Equity Mortgages 512

Housing Wire

MARCH 31, 2022

The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. First, because there is no speculative debt demand going on today, there can’t be a housing bubble. Especially in a year when inventory has crashed to all-time lows and demand for those houses is still so high.

Bankruptcy 517

Bankruptcy Lending Mortgages Title 517

Housing Wire

MAY 5, 2022

This article is part of our housing market update series. Demographics still point towards a market with strong demand – the largest cohort of millennials, the largest generation in U.S. Demographics still point towards a market with strong demand – the largest cohort of millennials, the largest generation in U.S.

Marketing 367

Marketing FHA loan Loans Sales 367

Housing Wire

MARCH 15, 2022

In this HW+ Slack Q&A , Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, whether or not he has updates to his 2022 forecast and more. We don’t want to see the fall and winter fade to fresh new all-time lows in 2023. Thus nullifying any mortgage yield declines? housing market.

Sales 366

Sales As-is Equity Mortgages 366

Housing Wire

JUNE 10, 2022

Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? His articles are always my favorite. His recent article, “Purchase apps are at 2009 level: where’s the inventory?” His recent article, “Purchase apps are at 2009 level: where’s the inventory?”

Construction 380

Construction Closing New Construction Agents 380

Housing Wire

MARCH 13, 2023

New York City, New York In many ways the spring of 2022 marked the full return of New York City and for a real estate agent like Johnson Tsai, a lead agent at REAL, this meant a massive up-tick in rental demand. “We Williamson noted that the housing market slowed down in the fall, following typical seasonal trends.

Marketing 334

Marketing Agents Land Mortgages 334

Housing Wire

JANUARY 27, 2022

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 retired in 2020 from the mortgage business after 24 years, so I understand how some people who were floating their rate lock might not feel this way. Other people might not be as happy as I am.

Mortgages 357

Mortgages As-is Closing Marketing 357

Housing Wire

DECEMBER 28, 2021

This article is part of our HousingWire 2022 forecast series. By the fall, real estate agents in Boise, Idaho were passing around a video they didn’t like but couldn’t resist watching. But — in the same beat — Caporale added, “There is still a massive influx of buyers, and I am not seeing a significant drop in demand.”

Fixed-rate mortgage 443

Fixed-rate mortgage Brokerage Agents Sales 443

Marco Santarelli

SEPTEMBER 16, 2023

However, mortgage rates are high and have been higher than they've been in more than 22 years. According to a recent article by Yahoo Finance , the housing market has seen a significant surge in prices throughout the pandemic, and the Federal Reserve’s efforts to control inflation have led to an increase in mortgage rates 1.

Debt-to-income ratio 98

Debt-to-income ratio Loans Mortgages Short sale 98

Toronto Realty Blog

APRIL 29, 2024

My mortgage is up for renewal in November of 2024. I closed on my current home in August of 2018 and at the time I had a variable rate. But the funny thing about variable versus fixed rates is that they can fluctuate and the gap between them can expand or contract. Where In The World Are Those Rate Cuts?

52

52

The Close

JUNE 22, 2023

But for value-seeking investors like myself, the scariest time to invest is actually in a good economy, when housing prices are rising at a blistering pace. This is because it is difficult to identify the top of a market, and nobody wants to buy at the top of the market just to watch the value of their investments fall during a downturn.

Investor 116

Investor Debt-to-income ratio New Construction Construction 116

Toronto Realty Blog

JANUARY 11, 2024

Forget about the fact that most of these “new” listings are re-lists from last fall, but the fact that my gut instinct is not to scroll down and look at the specs, but rather to see if this property is truly new or a re-list, tells you all you need to know about the quality of inventory out there. Any new developments?

Fixed-rate mortgage 73

Fixed-rate mortgage Banks Mortgages Construction 73

Real Trends

DECEMBER 5, 2022

At the beginning of the year, interest rates were at an all-time low. It was a sellers’ market with buyers competing for homes that would sell for way above the asking rate. More recently, the Federal Reserve has raised interest rates to counter inflation. Mortgage rates are rising. Inflation is going crazy.

Pre-approval 91

Pre-approval Agents Mortgages Loans 91

Marco Santarelli

APRIL 26, 2023

One of the most significant factors impacting the housing market is interest rates. Housing market interest rates (or mortgage rates) play a crucial role in the decision-making process for both homebuyers and sellers.

Marketing 52

Marketing Debt-to-income ratio Fixed-rate mortgage Banks 52

Toronto Realty Blog

JUNE 2, 2023

TorontoRealtyBlog Do you remember a twelve-month period where we talked about interest rates any more than we have since this time last year? I’ve been around for almost two decades and I’ve seen just about everything when it comes to interest rates. In July of 1980, the Bank of Canada overnight rate was 9.93%.

Banks 71

Banks As-is Marketing Mortgages 71

Realty Biz

AUGUST 26, 2022

That’s when the overheated housing market didn’t just slow down but instead went into a tailspin with millions of home prices dropping below the amount of the mortgage. These are known as ‘underwater’ mortgages. We are not going to see a glut of home values fall below the value of the mortgage. Here’s why….

Lending 104

Lending Equity Loans Banks 104

Housing Wire

JANUARY 2, 2023

This is why I’ve created the Housing Market Tracker — a weekly analysis of purchase apps, housing inventory and mortgage rates that will be published every Monday. Then those rates fell 1.25% , which changed the demand data, only to rise again in a short timeframe. Purchase application data.

Marketing 445

Marketing Mortgages Sales As-is 445

Marco Santarelli

MARCH 17, 2023

The crash was primarily caused by a combination of factors, including the subprime mortgage crisis, high levels of debt, and a lack of regulation in the financial sector. The crash was primarily caused by a combination of factors, including the subprime mortgage crisis, high levels of debt, and a lack of regulation in the financial sector.

Marketing 59

Marketing Lending Banks Mortgages 59

Housing Wire

DECEMBER 26, 2022

Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. The housing market is one sector that can turn positive or negative very quickly depending on mortgage rates or one-time shocks like we saw with COVID-19. housing market and economy.

Marketing 469

Marketing Mortgages Sales As-is 469

Redfin

APRIL 28, 2023

Mortgage interest rates are always changing – moving up and down each day, even each hour. These quick changes can impact the amount you pay when you refinance or close on your mortgage. However, locking in your mortgage rate does come with some risk. What does it mean to lock in my interest rate?

Mortgages 62

Mortgages Pre-approval Loans Closing 62

Marco Santarelli

OCTOBER 18, 2022

Projected Interest Rates in 5 Years. Unless you have a crystal ball that can predict the future, it's impossible to know how much interest rates will rise in the coming five years. In 2022, CBO expects inflation to remain high due to factors that keep supply growing slower than demand in product and labor markets.

Mortgages 52

Mortgages Loans Investor As-is 52

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. So where does all that drama leave us for 2023?

Marketing 527

Marketing Mortgages Sales As-is 527

Housing Wire

JANUARY 12, 2022

Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020. 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. Houston, we have a problem.

Days on market 535

Days on market Loans Mortgages Sales 535