Housing Wire

SEPTEMBER 21, 2022

Buyers and sellers alike have now anchored their expectation of “normal” to sub-3% mortgage rates, multiple-offer bidding wars, and double-digit annual price growth. Compared with the fourth quarter of 2021, the homeownership rate in the second quarter of 2022 for households under 35 years old increased by 0.8

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Housing Wire

MAY 3, 2022

In this HW+ Slack Q&A, HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more. Logan Mohtashami: Yes, purchase application data has always been a useful forward looking indicator for housing, especially when we are dealing with higher mortgage rates.

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Toronto Realty Blog

JUNE 2, 2023

TorontoRealtyBlog Do you remember a twelve-month period where we talked about interest rates any more than we have since this time last year? I’ve been around for almost two decades and I’ve seen just about everything when it comes to interest rates. In July of 1980, the Bank of Canada overnight rate was 9.93%.

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Housing Wire

APRIL 8, 2022

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 velocity of inventory rising in the next three months is limited. Can this last? No, it can’t.

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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. With low inventory and low-interest rates for buyers, both Philadelphia and surrounding counties have seller’s markets right now. Fishtown townhomes stayed on the market for 28 days, down by -12 days.

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Toronto Realty Blog

JANUARY 8, 2021

I hope you’ve enjoyed the first two installments of this lengthy 3-part series to start 2021. This isn’t exactly my area of expertise, so I’m going to ask my mortgage broker, Tony Della Sciucca, to handle this. And what can we expect for 2021 when it comes to mortgage lending? TorontoRealtyBlog.

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