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
Matt Lionetti and Jason Cassity said during Inman Connect Now that on Thursday that the market shift has been fast and furious, and agents must start stepping up their games to survive. Continue reading
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
Builders have seen cancellation rates spike this year as buyers now struggle to afford the homes they signed up for months ago, according to data from John Burns Real Estate Consulting. Continue reading
Demand for purchase loans has increased in five out of the past six weeks, according to a weekly survey of lenders by the Mortgage Bankers Association released Wednesday. Continue reading
Looking toward 2023, many agents, concerned about the shifting market and its impact on their business, are considering a move. Perhaps the change required is not their location but their mindset, team leader Carl Medford writes. Continue reading
Housing remained a strain on family budgets last month, but declining prices of gas, used cars and medical insurance helped soften the blow. Continue reading
Mortgage investors have been demanding higher yields because of fears that borrowers will refinance if rates fall. Continue reading
Media headlines focusing on a pending US housing market crash are based on limited data that’s skewed by the outsized 2021 numbers. Mike DelPrete offers two charts to help you consistently refocus on market realities. Continue reading
The number of homes on the market increased 15 percent year over year during the four weeks ending Dec. 4, while new listings declined by 20 percent, according to new data released Thursday by Redfin. Continue reading