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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. The last two years have been a wild ride.

Mortgages 458
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Why an Economic Downturn Represents the Best Time to Invest in Real Estate

The Close

Right now might seem like a frightening time to jump into real estate investing. 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. and prices are down 1.7% But first, let’s get a handle on the basics.

Investor 116
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Is the Real Estate Sky Falling?! Economist Weighs In…

Lighter Side of Real Estate

People often wonder if the “bubble” is going to burst, making home prices tumble. Sellers worry because it could mean one of (if not the ) biggest asset they own could take a beating. Well, according to a recent article from Yahoo , home prices will drop in the near future and “cause some pain.”.

Equity 84
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Mortgage Demand Drops Again as Interest Rates Continue to Rise

Realty Biz

Now, new reports emerging that demand has yet again dropped off due to rate hikes. According to a recent CNBC article , the Mortgage Bankers Association (MBA) reported that its seasonally adjusted index of mortgage applications decreased 6.7% This is the highest level of interest rates since 2009. The job market.

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Is the Real Estate Sky Falling?! Economist Weighs In…

Lighter Side of Real Estate

People often wonder if the “bubble” is going to burst, making home prices tumble. Sellers worry because it could mean one of (if not the ) biggest asset they own could take a beating. Well, according to a recent article from Yahoo , home prices will drop in the near future and “cause some pain.”.

Equity 65
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Consumer Sentiment Is The Lowest It’s Ever Been. Here’s How Agents Can Turn the Tide

Broke Agent Media

think it’s a good time to buy a house—the lowest share since 1978. The article also revealed that only 56% of Americans think home prices are going up—down from 70% in 2022 and 71% in 2021 but up from 40% in 2020. people can get a deeper understanding of what buying a home means for their personal situation.

Agents 52
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January TRREB Stats: Damn, That’s Cold!

Toronto Realty Blog

It’s really not all that complicated, however. But despite the dreams and the simplicity of it all, I never actually took my car in and added this novel feature. And on a day like we had on Friday, when it’s -18 degrees outside, that remote starter seems like the brightest of bright ideas! My poor dog!

Sales 92