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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...
Rising Inventory Will Be the Housing Market’s Next Problem

Rising Inventory Will Be the Housing Market’s Next Problem

by Third Party | Nov 30, 2022 | Industry Updates, U.S. Housing Market

Source: The Washington Post —  The US housing market is in an uneasy state of equilibrium. Demand has plummeted as mortgage rates hit a two-decade high, but prices haven’t declined much in part because supply remains correspondingly low. If borrowing costs don’t...
Keep An Eye On D.R. Horton In 2023

Keep An Eye On D.R. Horton In 2023

by Third Party | Nov 30, 2022 | Industry Updates, U.S. Housing Market

Source: Seeking Alpha —  Introduction I recently wrote an in-depth article on the housing market and home builders in the United States. While we will also discuss the core message in this article, the main takeaway is that major buyers are waiting until...
Investment Banking Giant Sounds a Warning: The Housing Market Has ‘Further to Fall’

Investment Banking Giant Sounds a Warning: The Housing Market Has ‘Further to Fall’

by Third Party | Nov 28, 2022 | Industry Updates, U.S. Housing Market

Source: The Ascent —  There’s a reason sellers have had such a huge advantage over buyers over the past few years. The real estate market has lacked inventory in a very big way. Meanwhile, the supply of available homes began to dwindle at a time...
10 Housing Markets Where Demand is Crashing Through the Floor

10 Housing Markets Where Demand is Crashing Through the Floor

by Third Party | Nov 27, 2022 | Industry Updates, U.S. Housing Market

Source: Yahoo! Finance —  The housing market has been running red hot in recent years as more Americans buy homes while the supply has decreased. But there are some signs that the housing market is finally starting to cool down in some areas. In fact, housing...
Housing Breaks People’s Brains

Housing Breaks People’s Brains

by Third Party | Nov 26, 2022 | Industry Updates, U.S. Housing Market

Source: The Atlantic —  Anyone who’s been in a dumb recurring fight knows that the entire problem could be cleared up if everyone could just agree on exactly what was said or done. But you can’t, so you end up stuck in a cycle of relitigation. Housing-policy...
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