Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. So when I talk to loan originators today, I harken back to my early days when fixed mortgage rates were over 14% and there were absolutely no refinances to be had.

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The Close

MAY 15, 2023

Not even the wild ’70s inflation, the astronomical interest rates of the ’80s, or the housing crash of the aughts have prepared us for the current market. ” Homeowners who’ve locked in low mortgage rates are further disincentivized, despairing at giving them up for rates that could be twice as high.

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HomeLight

DECEMBER 15, 2021

can be attributed to supply and demand. In this article, we discuss the factors that cause property values to increase over time and how to obtain a home value estimate. In this article, we discuss the factors that cause property values to increase over time and how to obtain a home value estimate. Supply and demand.

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Marco Santarelli

FEBRUARY 24, 2023

The Pasadena housing market is currently in a seller's market with limited supply and high demand from buyers, which is driving up the prices. In this blog post, we will analyze the latest available data to provide an overview of Pasadena's housing market trends and forecasts for 2023. decrease from last year.

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Marco Santarelli

MAY 11, 2022

How is The Housing Market in Birmingham Alabama? Due to low-interest rates, a lack of inventory, intense competition, and the fact that parents with children in virtual schools were eager for a change, last year was a strong year for sellers. Birmingham Metro Housing Market Trends & Forecast 2022. Source: Zillow.

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Marco Santarelli

SEPTEMBER 8, 2023

This peak was associated with the housing boom that preceded the 2008 financial crisis. saw 5 million housing transactions completed, marking a decrease from the previous year when 6.12 saw 5 million housing transactions completed, marking a decrease from the previous year when 6.12 Recent Trends In 2022, the U.S.

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Marco Santarelli

SEPTEMBER 8, 2021

However, the Raleigh housing market is much larger than this. The Raleigh real estate market is landlord-friendly, contains several large populations of renters, and has an economic future that ensures long-term growth in housing demand and rents. House appreciation rates in Raleigh were 2.02 compared to last year.

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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. Metro Atlanta housing market has experienced a smooth recovery by far. The market has not only returned to pre-COVID-19 levels in the Housing Recovery Market Index of Realtor.com but it has also surpassed January's baseline by 7.8

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Marco Santarelli

SEPTEMBER 17, 2020

The Kansas City real estate market is very hot and in many ways the envy of housing pundits on both coasts. Despite the COVID pandemic causing huge unemployment and impaired consumer confidence in real estate buying and selling, the Kansas City housing prices are soaring. percent compared to the same quarter in 2019. year-over-year.

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Marco Santarelli

NOVEMBER 10, 2020

The Boise housing market is a scorcher and is being fueled by low mortgage rates and limited supply compared to demand. The Months Supply of Inventory has dropped 0.4 Typically 5-6 months is considered to be a balanced real estate market. A supply of 0.4 Boise Metro housing market is on fire.

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Marco Santarelli

SEPTEMBER 11, 2021

Not surprising is the fact that Indianapolis house prices are also on the rise in the year 2021. Demand is still outpacing the supply, the new construction is slow, and competition for quality homes remains tough. Demand outpaced the supply favoring sellers in the region. year-over-year. The median sale price was $177K.

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Marco Santarelli

AUGUST 5, 2020

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. If you're wondering what the state of the housing market 2020 will be like over the next twelve months, especially if you're an investor, then here is some good news for you. month supply at the current sales pace.

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Marco Santarelli

AUGUST 26, 2020

Despite the economic downturn and disruptions stemming from the coronavirus pandemic, the Seattle housing prices are keeping strong and steady. Even with the market virtually shutting down, there isn't a great drop in the open house attendance or sales activity. July was a great month for the Seattle housing market.

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Marco Santarelli

JULY 29, 2020

Things improved further in May when pending sales and new listings surged in the Portland housing market. The median sale price held steady from April ($424,000) to May ($425,000). month supply of homes for sale, which was steady with April 2020?s month supply but an increase from March 2020? month supply.

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Marco Santarelli

DECEMBER 16, 2020

Oklahoma is one of the hottest housing markets in the nation. There was already a shortage of housing supply, then when the pandemic showed up in March, many sellers decided to take their properties off the market. This drove supply down even more, but the demand remained high in the Oklahoma City housing market.

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Marco Santarelli

AUGUST 10, 2020

Austin housing market has been impacted by the pandemic which led to a decline in home sales due to critically low levels of housing inventory. The total sales dollar volume in the Greater Austin housing market (five-county MSA) experienced a double-digit y-o-y increase of 13.1%, which amounted to $1,674,070,282.

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Marco Santarelli

SEPTEMBER 11, 2020

The Colorado Springs housing market continues to break all the records even when the COVID pandemic has not ended. months of supply. Inventory is low and prices are increasing at a steady pace. The local economy is strong and mortgage rates remain low. Colorado Springs Housing Market Prices & Trends 2020.

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Marco Santarelli

JULY 27, 2020

This article has been updated to reflect recent changes in the housing market of Sacramento due to the coronavirus pandemic. The Sacramento housing market remains healthy and strongly skewed to sellers. The latest “SACRAMENTO HOUSING MARKET REPORT” is given below. Sacramento Housing Market Trends & Prices 2020.

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Marco Santarelli

AUGUST 21, 2020

After getting hammered by the pandemic, the Miami and South Florida housing market bounced back in July. After getting hammered by the pandemic, the Miami and South Florida housing market bounced back in July. Months Supply of Inventory was 4.3 Months Supply of Inventory was 4.3 respectively. Lucie (20.5%). Typically 6.5

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Marco Santarelli

AUGUST 27, 2020

The Las Vegas housing market is literally on fire amid the pandemic. The economic uncertainty and massive job losses directly affected its housing market as well. There is no downturn happening in the local housing market. There is no downturn happening in the local housing market. housing markets like Seattle.

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Marco Santarelli

DECEMBER 25, 2020

Starting at just $100,000, the Atlanta investment properties have an annual appreciation rate of over 5%. Atlanta property appreciation rates in the latest quarter were at 1.32%, which equates to an annual appreciation rate of 5.40%. Overall, the Atlanta housing market trend is much hotter than the rest of the nation.

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Marco Santarelli

NOVEMBER 27, 2021

With the year-over-year rise in Bakersfield home prices, it stands in the top 10% nationally for real estate appreciation. percent over the last decade, equating to an annual appreciation rate of 8.35 In the last twelve months, Bakersfield's appreciation rates have remained among the highest in the country, at 13.01

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Marco Santarelli

JULY 15, 2021

According to NeighborhoodScout's data, Baltimore's appreciation rate has been at or slightly above the national average over the last twelve months, at 6.00 Baltimore's appreciation rate in the most recent quarter was 1.63 percent annual rate. Baltimore Housing Market Trends 2021 (Describes June). percent, up 2.3

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Norada Real Estate

FEBRUARY 21, 2022

In this article, we're going to give you some important tips on how to buy a rental property. Imagine this – After you make the down payment and pay all closing costs, the renter pays off your mortgage. Looking to purchase and profit from a rental property? How good is that? A rental property should be turnkey and rent-ready.

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Marco Santarelli

SEPTEMBER 7, 2020

After a big slump in real estate sales and activity during April, May, and June, home sales have bounced back in the Metro Orlando housing market. Despite the pandemic, there is a strong demand from home buyers and inventory is short of supply of available properties. Orlando Housing Market Price And Trends 2020. from June 2020.

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Marco Santarelli

NOVEMBER 29, 2021

With a population of 170,243 and a median house value of $550,000, Fort Collins' housing prices are among the highest in the country, though they pale in comparison to the most expensive Colorado communities. percent over the last decade, which equates to an annual appreciation rate of 6.84 months or 18 days. year-over-year.

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Marco Santarelli

MAY 28, 2022

It may not have a good track record or hype for real estate investment but Virginia Beach has a good variety of housing available for investors, including single family homes, condominiums and rental apartments. over the past year and their Virginia Beach real estate market prediction is that the prices will rise 2.4%

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Marco Santarelli

SEPTEMBER 5, 2020

Even after suffering from the pandemic, the Phoenix housing market 2020 still comes out on top. As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. The demand for housing has completely outpaced the supply.

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Marco Santarelli

AUGUST 18, 2020

What is it doing to the Boston housing market? The lack of housing supply is evident in the inventory data for June. Will The Boston Housing Market Collapse? ATTOM did a study intended to identify the housing markets in the United States at the greatest risk of a real estate market collapse.

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Marco Santarelli

AUGUST 4, 2020

This housing market has been impacted by the pandemic and slumping oil prices which led to a decline in home sales down. Home sales in the Houston housing market are back up to levels considered to be normal for the summer buying season. Homes priced between $250,000 and $500,000 led the way among all housing segments, soaring 28.3

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Marco Santarelli

SEPTEMBER 21, 2020

Home prices are rising across the Southern California housing market despite the pandemic. Inventory is low, prices are rising, and pent-up demand alongside low mortgage rates has the market flooded with homebuyers. Home prices across the San Diego metro area are rising steadily in 2020.

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Marco Santarelli

JULY 30, 2020

We will discuss the latest Los Angeles housing market trends & news and find out how they can affect the investors and homebuyers. The rise in home prices and sales have shifted the market conditions to a balanced one. The latest “LOS ANGELES HOUSING MARKET REPORT” is given below. rise in home values in 2020.

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Marco Santarelli

AUGUST 3, 2020

San Antonio housing prices rose by around 5% in the last year due to strong demand. Before this pandemic hit the nation, even though the San Antonio housing market had cooled off a bit, the home values were expected to climb but at a slower pace in 2020. This further demonstrates the ongoing supply of homes as they sell.

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Marco Santarelli

JANUARY 26, 2021

Properties 5% – 15% below market value. The Dallas Housing Market Forecast 2021. According to Dallas News, sales trajectories indicate that the prices will continue to rise. On the other hand, land value is always appreciating making real estate one of the wisest investment choices in the Dallas Housing Market.

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Marco Santarelli

SEPTEMBER 24, 2021

Over the last five years, data shows a stable Scottsdale housing market with average sale point and price per square foot seeing a steady increase. To answer this question, let’s take a look at the latest Scottsdale housing market trends. . According to Redfin, the Scottsdale housing market is somewhat competitive.

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Marco Santarelli

FEBRUARY 1, 2022

Let’s learn more about Bellevue before we list the factors that determine whether or not you should consider investing in the Bellevue housing market. Home prices are likely to remain stable or grow at a steady pace in 2020. However, the Bellevue real estate market can best be understood in relation to the Seattle housing market.

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The Close

JUNE 24, 2022

And the inventory is on the rise, now sitting at 2.6 Due to escalating home prices and mortgage rates, buyers have postponed their homeownership dreams and stepped out of the market for now. According to This Map, Supply Will Be Sufficient for Some but Rough for Others. The Honeymoon Is Over for Homesellers.

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