Tag Archives: inflation

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

By | | Uncategorized
Comments Off on 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 →

Inman’s ultimate guide to navigating the topsy-turvy fall housing market

By | | Uncategorized
Comments Off on Inman’s ultimate guide to navigating the topsy-turvy fall housing market

Buyers and sellers face a new reality where bidding wars will be rare, days on market lengthen and markets go from boom to bust (and bust to boom). But don’t fear — Inman has you covered. Continue reading →

Real estate companies dip as stock market tallies worst day in 2 years

By | | Uncategorized
Comments Off on Real estate companies dip as stock market tallies worst day in 2 years

Real estate stocks fell on Wall Street, too — though even before the carnage they were already hovering near all-time lows. Continue reading →

Housing inflation isn’t slowing yet. And it may prove tough to tame

By | | Uncategorized
Comments Off on Housing inflation isn’t slowing yet. And it may prove tough to tame

The slowing housing market has yet to significantly reduce costs for most Americans. But economists believe more rate hikes may be on the way. Continue reading →

‘Shrinkflation’ looms as incredible shrinking home hits luxury markets

By | | Uncategorized
Comments Off on ‘Shrinkflation’ looms as incredible shrinking home hits luxury markets

The size of the typical $1 million home plunged to 2,350 square feet in early 2022 after peaking at 3,021 square feet in mid-2020, according to new data released Tuesday from Zillow. Continue reading →

Gary Keller: The current market is ‘the most confusing I’ve ever seen’

By | | Uncategorized
Comments Off on Gary Keller: The current market is ‘the most confusing I’ve ever seen’

At Keller Williams’ annual Mega Camp conference, founder Gary Keller prepared agents for a rough 2023 as slowing home sales and other economic factors push everyone to the brink. Continue reading →

Home sales projected to fall 16.2%, Fannie Mae says in new forecast

By | | Uncategorized
Comments Off on Home sales projected to fall 16.2%, Fannie Mae says in new forecast

In projections released Monday, economists expect 5.78 million homes to change hands this year, representing a 16.2 percent decline from a year ago — a steeper drop than the 15.6 percent pullback forecast in July. Continue reading →

Annual rent growth slows for 2nd straight month in July, report says

By | | Uncategorized
Comments Off on Annual rent growth slows for 2nd straight month in July, report says

Redfin said it expects rental growth to continue to slow, but markets with strong job growth and limited new housing construction will likely continue to experience large rent increases. Continue reading →

There may be ‘no escape’ from market-imploding recession: The Real Word

By | | Uncategorized
Comments Off on There may be ‘no escape’ from market-imploding recession: The Real Word

Are we in an economic recession or a market-imploding housing recession? This week, Byron Lazine and Nicole White discuss the impact of low builder confidence, the changing real estate industry and politics from left, right and center. Continue reading →

Demand for mortgages hits lowest level in more than 20 years

By | | Uncategorized
Comments Off on Demand for mortgages hits lowest level in more than 20 years

High mortgage rates, challenging affordability and a gloomier economic outlook are keeping buyers on the sidelines, Mortgage Bankers Association forecaster Joel Kan said. Continue reading →