Tag Archives: home sales

Rise, fall, repeat: The biggest housing surprises of 2022  (so far)

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Heading into 2022, forecasters at Realtor.com set expectations for where the home market would go. Halfway in, they’re taking a second look. Continue reading →

Real estate market shift ahoy? The Real Word

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This week, Byron Lazine and Nicole White discuss recent numbers that suggest an imminent market shift, mastermind theory and the Marketeer of the Week. Continue reading →

NAR chief economist: We may be in for a ‘most unique’ recession

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Lawrence Yun predicted this year’s housing market will see declining sales, rising home prices and an American Dream increasingly out of reach Continue reading →

Zillow changes tune on 2023 home values and sales. Here’s why

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Zillow now expects home value growth to reach 14.9% through March 2023, down from its previous estimate of 16.5% growth. What’s with the downgrade? Continue reading →

‘Modest recession’ eyed in 2023, Fannie Mae economists predict

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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 →

Despite March’s home sale slump, prices grow at fastest clip since 2013

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Nearly 4 percent fewer homes sold in March than did the month before, after accounting for seasonal factors. Prices rose by 6 percent, the largest monthly price increase since 2013. Continue reading →

Rising home prices expected to drive record purchase loan volume

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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 →

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 →

Off-season rebound for mortgages could bode well for fall home sales

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Second straight week of increases in purchase loan applications following rate reversal suggests stronger sales activity in the weeks to come, according to the Mortgage Bankers Association. Continue reading →