As US economy zigs upward again, real estate sags

Hits to broker commissions and home construction drove a decline in real estate gross domestic product in the third quarter of the year, new data shows. Continue reading

The economic outlook for real estate: Dark days ahead?

Instead of disputing the economic news, searching for a ray of sunshine, or ignoring it, Compass’ Rich Hopen goes beyond the headlines to understand what is going on. Continue reading

For the first time, Fannie Mae now expects home prices to fall next year

Economists at Fannie Mae project national home prices to decline by 1.5 percent and home sales by 21 percent in 2023 as Fed continues inflation fight. Continue reading

Agent Outlook: Know the market so that you can translate the market

Being able to crunch the numbers and speak about trends allows you to better interpret market movements for leads and clients in your area. Livian’s Eric Forney offers the relevant data so that you always know where to focus. Continue reading

Moody’s says odds of recession have risen to ‘uncomfortably high’ 59.5%

Investors who fund mortgages are demanding unusually high premiums in comparison to government bonds, out of fears the loans they make now could quickly be refinanced if rates drop. Continue reading

Agent Outlook: Life events will still drive home sales, you can hang your hat on it

The market may be slowing in some areas, but it will not come to a complete halt. Eric Forney of Livian shares this week’s market insights and says that life events will keep consumers buying Continue reading

Don’t expect mortgage rate relief in 2023, Fannie Mae warns in forecast

Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is under control. Continue reading

Agent Outlook: How will the market determine your strategy?

Eric Forney, director of industry for Livian shares his wit and wisdom as he reviews current market stats and weighs in on what’s next. Check out this week’s outlook, and add these insights to your weekly playbook. Continue reading

Does remote work spell doom for Florida’s housing market? The Real Word

Byron Lazine and Nicole White discuss mortgage fraud, rising home prices in the Sunshine State, and news from Left, Right and Center. Find out what they have to say about these hot topics, and watch this week’s The Real Word. Continue reading