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Servicers prepare to handle forbearance exits

Housing Wire

This article is part of our HousingWire 2022 forecast series. As a result of the COVID-19 pandemic, over 22 million Americans lost their jobs between January 2020 and April 2020, the highest level since the Great Depression. But the real test is yet to come: Most forbearance plans only just began expiring in September.

Mortgages 413
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What would it take to crash the housing market?

Housing Wire

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. The years 2020-2024 were always going to be different from 2008-2019. Inventory collapsed in 2020, 2021 and 2022.

Marketing 393
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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

If you're wondering what the state of the housing market 2020 will be like over the next twelve months, especially if you're an investor, then here is some good news for you. Buying activity slowed due to the pandemic but has significantly rebounded since June. The median price gain for June was $295,300, up 3.5%

Marketing 145
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Boston Real Estate Market & Investment Overview 2020

Marco Santarelli

We will discuss the latest trends & prices and find out how they can affect the investors and homebuyers of Boston in the latter half of 2020. In June, the pending sales of single-family homes jumped 43.6 The lack of housing supply is evident in the inventory data for June. Boston Housing Market Trends & Prices 2020.

Marketing 124
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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

Houisng prices are at record levels, with historically low-interest rates, strong demand, and tight housing supply. According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. percent rise from the previous record high in June. It was a 1.5

Marketing 128