Housing Wire

JUNE 21, 2022

The housing nightmare continues. 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. million , down 3.4% from the previous month and 8.6%

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Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. Last year starting in October, purchase application data had an abnormal volume rise toward the end of the year.

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Housing Wire

FEBRUARY 8, 2021

Not the forbearance plans themselves, which allowed mortgage holders to delay their payments for many months, but the fact that 2.72 million homes remain in forbearance and can therefore be considered at risk. The MBA purchase application data is growing at a trend of 12% year over year. Presented by: PropStream.

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Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

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Marco Santarelli

AUGUST 5, 2020

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. Given the current fundamentals, real estate sales should remain strong in most U.S. Given the current fundamentals, real estate sales should remain strong in most U.S. Unsold inventory sits at a near 4.0-month

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Marco Santarelli

OCTOBER 2, 2020

This article has been updated to reflect recent changes in the Atlanta real estate market due to COVID-19. After five months, sellers are back in the housing market with new listings being gradually added to solve the low inventory issues which have been keeping many buyers at bay. The Atlanta metro area is up 4.9

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Marco Santarelli

MARCH 15, 2021

Low-interest rates, tight supply, and high buyer-demand will keep the market hot and exert even more upward pull on house prices. Philadelphia has been one of the hottest real estate markets in the country in 2020 and its market temperature remains sizzling hot. Philadelphia home prices rose by nearly 13% in 2020.

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