Remove articles mortgage-demand-falls-despite-a-decline-in-rates
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Housing inventory fell last week, but it won’t derail the spring bump

Housing Wire

But, despite the weekly moves, the one bright spot for housing is that housing inventory is growing on a year-over-year basis. But, despite the weekly moves, the one bright spot for housing is that housing inventory is growing on a year-over-year basis. housing market, and we should ignore the decline last week.

Mortgages 448
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Logan Mohtashami on CNBC: How rates are impacting supply

Housing Wire

Mohtashami explained how demand for existing homes is still trending near 21st-century lows. As long as mortgage rates stay near 23-year highs, Mohtashami believes we will see softness in data. Despite higher mortgage rates, inventory growth still slow

Mortgages 425
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Why higher rates aren’t crashing home prices

Housing Wire

Home prices aren’t crashing, despite what the housing bubble boys are saying. In 2022 it was all about finding a point in time when I thought mortgage rates would fall, which was key to understanding how the purchase application data would react to lower mortgage rates.

Mortgages 545
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What do economic trends mean for housing in 2023?

Housing Wire

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%

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The 2023 Housing Market: A Look Ahead

Housing Wire

This article is part of our 2022-23 Housing Market Forecast series. Home Prices will fall, but don’t expect 2010. Median home prices have declined for four straight months. Heading into 2023, it seems well within reason, given current trends, that a peak-to-trough decline in home prices of 10% is possible. .

Marketing 491
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Is the spring housing market about to rebound?

Housing Wire

April was the third month with a year-over-year decline in national home prices , and home prices in March were down 9% from the peak in June 2022. April was the third month with a year-over-year decline in national home prices , and home prices in March were down 9% from the peak in June 2022.

Marketing 423
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Housing industry continues to shed employees in economic downturn

Housing Wire

Don’t be fooled by last week’s mortgage rate collapse. A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees.