Tag Archives: inflation

Agree to disagree: 11 real estate leaders dust off crystal ball for 2023

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The market isn’t done falling but could soon stabilize, according to a survey of real estate executives and economists conducted by Point. Continue reading →

Brokerage executives predict falling profits, economic decline in 2023

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Real estate leaders are pessimistic about the state of the economy, but nevertheless upbeat about their ability to take share in a chaotic market, according to a new survey from Delta Media Group. Continue reading →

‘The gate is beginning to open’: Big inflation drop may aid homebuyers

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The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers’ budgets — and their financing, according to new data from the U.S. Bureau of Labor Statistics. Continue reading →

Homebuyer sentiment ticks up again on signs of market top

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More consumers are coming around to economists’ views that home prices and mortgage rates probably peaked last year, according to a monthly survey by Fannie Mae. Continue reading →

Luxury holds steady despite overall Manhattan market slowdown in Q4

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As prices and transaction volume both fell in Manhattan’s market at large year over year, luxury properties priced at or above $10 million still managed to perform well to close out 2022. Continue reading →

The biggest mortgage, lending and housing finance stories of 2022

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The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Continue reading →

Homes could get more affordable even if prices don’t come down

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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 →

Improved mortgage rate outlook could bode well for home sales

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Fannie Mae economists are not quite as gloomy about the 2023 home sales outlook as mortgage rates retreat from 2022 highs, with more room to ease. Continue reading →

A sales uptick in 2023? Zillow’s senior economist thinks it’s likely

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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 →

Fed slows rate hikes, but remains wary of entrenched inflation

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Half a percentage point “is still a historically large increase and we still have some ways to go,” Fed Chairman Jerome Powell warns as policymakers wrap up final meeting of the year. Continue reading →