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Why purchase application data is below 2008 levels

Housing Wire

Understanding this data line and what it is trying to tell you will be more valuable than erroneously thinking the market is crashing and we’ll see a wave of foreclosures. Right on cue, 2020 came and we hit the 300 level. However, the housing market did run into one problem in 2020. We are up 43% since 2020.

Mortgages 496
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Best Advice for Homeowners of 2022: From Design Do’s and Don’ts to Home Improvement Hacks

Realtor.com

Mortgage rates and home prices jumped higher than we’d seen in recent years, and low inventory posed a problem for homebuyers and sellers alike. Now, about that deck… In their excitement to finally have an outdoor space to fix up and beautify, new homeowners tend to make some rookie mistakes.

Design 122
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What would it take to crash the housing market?

Housing Wire

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy.

Marketing 397
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Problem, Solutions, & Everything In Between

Toronto Realty Blog

Can we have an honest discussion here? Can we, really? What is the “problem” with the Toronto real estate market? Consider today to be that day… Last week, many of you probably read this article: “Renfrew, Ontario House Sells For $1 Million Over The Asking Price” CTV News.

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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

Housing units are still in short supply with the problem getting worse. Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. housing market to get back to the more normal pace of growth we saw before the COVID-19 pandemic. percent in July.

Marketing 145
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Looking Forward to 2023: Slow and Steady Wins the Race

GeekEstate

Well, the music has stopped and the chickens have come home to roost. Imagine startups are race cars and interest rates are gas prices. Like KPCB cofounder Tom Perkins said: ‘If there is no risk, you have already missed the boat.’ Let’s put GEM on autopilot and we can all learn from the bots. PROPTECH TRENDS.

MLS 62
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It’s Been a Surprisingly Great Year for Real Estate. But What Happens Next?

HomeLight

Interest rates are low, home prices are rising, and homes are selling quickly — often after a bidding war! What impact will the election have? We’ve launched a Facebook community just for listeners of The Walkthrough. We’re about five to six weeks into the pandemic. What impact will the election have?

Agents 98