Tag Archives: Markets & Economy

Builder confidence hits lowest level in more than 3 years

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Builder confidence amid affordability concerns dropped to its lowest level since the spring of 2015, according to the Wells Fargo Housing Market Index. Continue reading →

Housing market expected to stabilize in 2019: Fannie Mae

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Economic growth is expected to slow in 2019 which means stabilizing home sales and mortgage rates in 2019, according to Fannie Mae’s economic and strategic research group.  Continue reading →

Will Trump’s new housing finance director privatize Fannie and Freddie?

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The Trump administration is preparing to nominate Mark Calabria to head the Federal Housing Finance Agency, the agency tasked with overseeing Fannie Mae and Freddie Mac. Continue reading →

More than 75% of all homes will sell below asking price in 2019

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More than three quarters of all homes on the market will sell below asking price, Knock, the home-resale company, projected in a national forecast. Continue reading →

Delinquency rates, down overall, soar in cities hit by fires, flooding

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In the face of historically low foreclosure rates the effects of climate change on homeownership has begun to take shape in cities now recovering from natural disasters. Continue reading →

The hottest housing market in the country is in an unlikely place

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The month’s hottest housing market is not in San Francisco or Seattle — but rather in Midland, Texas, according to Realtor.com’s latest market index report. Continue reading →

Millennials finances are crushed by a “debt machine,” Opendoor co-founder says

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Millennials are regularly maligned as lazy, avocado toast-loving hipsters, but according to a co-founder of Opendoor — and a new study — the generation is instead plagued by a “debt machine” that puts them at a huge economic disadvantage compared to ol… Continue reading →