Tag Archives: doug duncan

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 →

‘Homebodies’ hampering housing market potential by not selling

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“Homebodies” — homeowners who don’t want to give up their rock-bottom mortgage rates and seniors choosing to age in place — are keeping home sales from reaching their full potential, according to an analysis by First American Financial Corp. Continue reading →

Fannie Mae has ‘meaningfully downgraded’ its forecast for 2021 home sales

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As listing shortages and supply constraints on homebuilders drive up prices, risk of inflation grows, economists with Fannie Mae said. Continue reading →

Inflation, rate increases pose risks to housing market, Fannie Mae says

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In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May and June. Continue reading →

Sellers absolutely have the upper hand in this housing market: Survey

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In a first, more people thought April was a bad time to buy a home than a good time, according to Fannie Mae’s latest survey of home purchase sentiment. Continue reading →