Tag Archives: home price appreciation

Fed’s ‘higher for longer’ gambit may yet cool home price gains

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Fannie Mae and MBA economists are now in agreement that mortgage rates will come down only gradually this year and next but that home price appreciation will slow. Continue reading →

Home sales projected to fall 16.2%, Fannie Mae says in new forecast

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In projections released Monday, economists expect 5.78 million homes to change hands this year, representing a 16.2 percent decline from a year ago — a steeper drop than the 15.6 percent pullback forecast in July. Continue reading →

The 10 housing markets primed to pop during a recession

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Florida and California are most at risk of experiencing a housing downturn during a recession, according to Redfin. Both states saw exorbitant growth during the pandemic-fueled buying rush. Continue reading →

Home sales — and prices — expected to decline over next 2 years

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For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter “mature state of the business cycle,” with the risk of another recession moving into focus. Continue reading →

Fannie, Freddie loan limits set for record 50-year leap in 2022

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Lenders are betting that home prices kept skyrocketing during the third quarter, and that they’ll be able to sell the bigger loans to Fannie and Freddie once the conforming loan limit officially goes up on Jan. 1. Continue reading →

Rising home prices boost demand for jumbo mortgages

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Record-breaking home price appreciation is changing borrower behavior and the make-up of the mortgage market, said Black Knight Secondary Marketing Technologies President Scott Happ. Continue reading →

Home affordability drops for first time in more than 2 years

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National home prices were up 14.8 percent from a year ago, “wiping out any affordability boost” from rising household income and low mortgage rates, said First American Chief Economist Mark Fleming. Continue reading →

The 10 up-and-coming markets expected to boom by 2025

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According to a National Association of Realtors report, healthy job growth, affordable housing and strong home price appreciation will make these metros homebuying hotspots over the next decade. Continue reading →

Market worries are keeping homeowners from selling

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Using housing data from 50 largest cities across the United States, Lending Tree determined that the average American homeowner stays in their home for seven years. Continue reading →