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Wait, What? Wharton Professor Jeremy Siegel Says The Housing Market Is Going To Do This

Wait, What? Wharton Professor Jeremy Siegel Says The Housing Market Is Going To Do This

by Third Party | Dec 1, 2022 | Industry Updates, Real Estate News

Source: Yahoo! —  Jeremy Siegel, a professor at Wharton, predicts that the housing market will see negative growth as a result of future Federal Reserve interest rate increases that will raise mortgage rates even further. Due to the average rate for a 30-year...
Real Estate Trends: Are We Headed For Another Housing Market Crash?

Real Estate Trends: Are We Headed For Another Housing Market Crash?

by Third Party | Dec 1, 2022 | Real Estate Agent Tools, Real Estate News

Source: Forbes —  Key takeaways   Many industry leaders, including Goldman Sachs, have altered their predictions for the housing market since early Fall 2022. While mortgage rates have dropped over the past several weeks, they’re not likely low enough to impact...
U.S. to Back $1 Million Mortgages. Affordability Is Still an Issue.

U.S. to Back $1 Million Mortgages. Affordability Is Still an Issue.

by Third Party | Dec 1, 2022 | Current News & Events, Industry Updates, Mortgage Information

Source: Barron’s —  In another sign of the pandemic’s rapid home price appreciation, the government today said it will back mortgages up to about $1.1 million in high-cost areas.  The 2023 value limit for most conforming mortgages for one-unit properties...
Federal government will back $1 million mortgages for the first time

Federal government will back $1 million mortgages for the first time

by Third Party | Dec 1, 2022 | Industry Updates, Mortgage Information

Source: CBS News —  For the first time, the federal government will back mortgages of more than $1 million, a move that reflects the run-up in home prices across much of the nation. The Federal Housing Finance Agency (FHFA) on Tuesday said the maximum size of...
The Housing Market is Projected to Fall in 2023: What You Should Know

The Housing Market is Projected to Fall in 2023: What You Should Know

by Third Party | Nov 30, 2022 | Current News & Events, U.S. Housing Market

Source: Appraisal Buzz —  The U.S. real estate market is at near-unprecedented pricing, but that may not be the case for long. Recent data has experts projecting it will fall in the next year, which would lead to major changes for buyers, sellers, and...
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