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Zillow’s Predictions for the 2023 Housing Market

Zillow’s Predictions for the 2023 Housing Market

by Third Party | Dec 8, 2022 | Industry Updates, U.S. Housing Market

Source: GLOBEST.COM —  Zillow made a series of what it called “bold predictions” about housing markets for the coming year. Unlike the title, what the company suggested is a series of deductions, either from their own or more common data and also trends many in...
Dave Stevens on understanding this housing market

Dave Stevens on understanding this housing market

by Third Party | Dec 7, 2022 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

Source: Housing Wire —  I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. And while my more recent roles were more senior in stature, my mind tends to think like I did when I was a top loan...
Home Inventory Is Up And Prices Will Drop, But Buyers And Investors Have Left The Market

Home Inventory Is Up And Prices Will Drop, But Buyers And Investors Have Left The Market

by Third Party | Dec 7, 2022 | Industry Updates, U.S. Housing Market

Source: Yahoo! —  If the U.S. residential housing market were a vehicle, it would be stuck in park right now. And while some opportunities may be coming that would allow investors to shift back into drive, the overriding consensus is to keep the car in the...
Mortgage demand falls again even as rates sink further

Mortgage demand falls again even as rates sink further

by Third Party | Dec 7, 2022 | Current News & Events, Industry Updates, Mortgage Information, U.S. Housing Market

Source: CNBC —  Lower mortgage rates are pulling some current homeowners back to the refinance market, but not enough to offset the drop in demand from homebuyers. Mortgage application volume fell 1.9% last week compared with the previous week, according to the...
4 in 10 consumers expect housing market will crash, survey finds

4 in 10 consumers expect housing market will crash, survey finds

by Third Party | Dec 7, 2022 | Current News & Events, U.S. Housing Market

Source: WTOP News —  Economists and real estate industry leaders generally agree that the U.S. housing market has slowed and will continue to in 2023, but have tended to use words like “temper,” “modest” and “correction” when referring to declining sales and...
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