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Servicers prepare to handle forbearance exits

Housing Wire

This article is part of our HousingWire 2022 forecast series. It didn’t take long for mortgage servicers to realize they had a historic challenge on their hands. Manufacturing production declined to the lowest level since 1946 and new home construction saw the biggest decline in nearly 40 years.

Mortgages 386
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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

The US housing market has begun to show signs of heating up as more buyers and sellers returned to the market in July. percent in July. Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. nationwide for the week ending July 25, posting a 2.7

Marketing 145
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Miami Real Estate Market & Investment Overview 2020

Marco Santarelli

After getting hammered by the pandemic, the Miami and South Florida housing market bounced back in July. Out of five counties, only two of them saw a year-over-year decline in sales. Out of five counties, only two of them saw a year-over-year decline in sales. Sales in Miami-Dade & Broward counties declined by 6% and 0.7%

Marketing 126
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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 from July 2019. It was a 1.5 Closed sales increased by 34.9

Marketing 128
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Boston Real Estate Market & Investment Overview 2020

Marco Santarelli

According to Realtor.com, in July 2020, the Boston market was a balanced real estate market , which means there was a healthy balance of buyers and sellers in the market. The government shutdown has chilled economic activity across the board. What is it doing to the Boston housing market? However, the market has started to bounce back.

Marketing 124