More than 100 housing experts surveyed by Zillow generally agreed that housing prices won’t face a big downturn. But a mild recession may be in play later this year or in 2023, they believe. Continue reading
The market is reaching a turning point in which price reductions are more common. But that doesn’t mean homes can’t still appreciate in value. Continue reading
With a few exceptions, the layoffs have so far largely been confined to companies providing mortgages and mortgage-related services like title and closing. Continue reading
Want to get a better grip on the big picture elements that affect your business and personal finances? Here are nine ways to easily stay informed every day. Continue reading
“Large deceleration” in home price appreciation next year could lead to price declines in some regions. Continue reading
As they consider the uncertain future ahead, here’s what real estate agents are giving up in their professional and personal lives. Continue reading
Home sales now expected to decline by 7.4 percent this year and 9.7 percent in 2023, a dramatic adjustment from March, when Fannie Mae forecast a 4.1 percent decrease in home sales this year and 2.7 percent in 2023. Continue reading
High home prices are expected to drive a record $1.72 trillion in purchase mortgage originations in 2022, even though rising mortgage rates could put a dent in sales of existing homes, according to the Mortgage Bankers Association. Continue reading
Only 24 percent of consumers think now is a good time to buy a home — the lowest reading ever recorded in a monthly survey conducted by Fannie Mae since 2010. Continue reading
At the National Association of Realtors’ national conference on Friday, NAR Chief Economist Lawrence Yun shared promising insights about 2022. Continue reading