Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won’t change much while mortgage interest rates will continue to dip. Continue reading
Homebuyer affordability could improve by 9 percent by the end of next year if mortgage rates continue to fall and home prices plateau as expected, First American economist predicts. Continue reading
As home price growth has slowed, mortgage payments have decreased and days on market have risen, homebuyers dip their toes back into the market, according to a new report from Redfin. Continue reading
During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will “stabilize” in 2023, setting the stage for an increase in home sales. Continue reading
Harris Poll finds 71 percent of Americans would be hesitant to move due to economic uncertainty over concerns, such as interest rates, inflation or a recession. Continue reading
Fannie Mae survey shows consumers remain concerned about factors, including the outlook for home price declines, mortgage rates and access to mortgage credit. Continue reading
Six out of 10 borrowers who owe more on their mortgages than their homes are worth bought or refinanced their homes in 2022, according to the latest Black Knight Mortgage Monitor. Continue reading
The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts of the country. Continue reading
The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts of the country. Continue reading
Median home price growth has slowed the fastest in Austin, Phoenix and San Jose, with fellow pandemic boomtowns Las Vegas and Boise also seeing significant slowdowns. Continue reading