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‘We’re in a housing recession right now,’ NAHB CEO says

‘We’re in a housing recession right now,’ NAHB CEO says

by Third Party | Dec 23, 2022 | News/Current Events, Real Estate News, U.S. Housing Market

Source: Yahoo! News —  National Association of Home Builders CEO Jerry Howard joins Yahoo Finance Live to discuss the state of the housing market, home builder sentiment, inflation, Fed interest rate hikes, a housing recession, and the outlook for the housing...
Higher mortgage rates depress U.S. single-family housing starts, building permits

Higher mortgage rates depress U.S. single-family housing starts, building permits

by Third Party | Dec 23, 2022 | Mortgage Information, U.S. Housing Market

Source: Reuters —  WASHINGTON, Dec 20 (Reuters) – U.S. single-family homebuilding tumbled to a 2-1/2-year low in November and permits for future construction plunged as higher mortgage rates continued to depress housing market activity. The dour report...
The Case for Optimism for Housing Market Potential in 2023, According to First American Potential Home Sales Model

The Case for Optimism for Housing Market Potential in 2023, According to First American Potential Home Sales Model

by Third Party | Dec 23, 2022 | News/Current Events, U.S. Housing Market

Source: Yahoo! —  SANTA ANA, Calif., December 20, 2022–(BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital...
Is Real Estate TikTok Legit? The Good, the Bad, and How To Tell the Difference

Is Real Estate TikTok Legit? The Good, the Bad, and How To Tell the Difference

by Third Party | Dec 22, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools

Source: Realtor.com —  When TikTok launched in 2017, it was known as a platform for viral dance videos. Since then, its roughly 1 billion users turn to the social media app for videos on an array of topics, from comedy to cooking to something called #RushTok—an...
What You Need to Earn to Buy a Home in the Largest U.S. Cities

What You Need to Earn to Buy a Home in the Largest U.S. Cities

by Third Party | Dec 22, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Source: New York Times —  As prices rise, higher mortgage payments follow, and after nearly three years of rapid home appreciation during the pandemic, qualifying for a home loan is more difficult than ever. Today’s buyers also face the additional cost of rising...
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