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STUDY: HOME PRICE DECLINES HITTING WESTERN U.S. MARKETS

STUDY: HOME PRICE DECLINES HITTING WESTERN U.S. MARKETS

by Third Party | Nov 6, 2022 | Industry Updates, Mortgage Information

Source: Florida Atlantic University —  Average home prices are falling in 39 of the 100 largest U.S. housing markets and prices in an additional 18 metropolitan areas are expected to decline soon, according to researchers at Florida Atlantic University and...
As mortgage rates hit 20 year high, Tampa Bay housing market braces for a cool down

As mortgage rates hit 20 year high, Tampa Bay housing market braces for a cool down

by Third Party | Nov 5, 2022 | Industry Updates, News/Current Events, U.S. Housing Market

Source: Tampa Bay Times —  A home-buying frenzy triggered by historically low mortgage rates helped elevate Tampa Bay from a hidden gem to a real estate hot spot over the past two years. But now that rates have shot back up, experts say buyers are finally...
U.S. Home Price Insights – November 2022

U.S. Home Price Insights – November 2022

by Third Party | Nov 5, 2022 | Industry Updates, Mortgage Information, U.S. Housing Market

Source: CoreLogic —  Through September 2022 with Forecasts through September 2023 Introduction The CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through September 2022 with forecasts through...
The Housing Market Is Worse Than You Think

The Housing Market Is Worse Than You Think

by Third Party | Nov 4, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: The New York Times —  Buyers, sellers and renters are in for more twists and turns, as soaring mortgage rates and stubborn inflation signal belt tightening ahead. Everyone is feeling the squeeze. “Mortgage rates are sky high, prices are sky high, and...
As House Prices Start To Moderate, How Bad Could It Get?

As House Prices Start To Moderate, How Bad Could It Get?

by Third Party | Nov 4, 2022 | Industry Updates, Mortgage Information, U.S. Housing Market

Source: Forbes —  There is no shortage of pessimism in the housing market today. U.S. house prices have declined since June. However, prices are generally up year-on-year, and the market is seasonal with prices and activity typically higher in the summer and...
10 Weird Facts About Home Mortgages

10 Weird Facts About Home Mortgages

by Third Party | Nov 4, 2022 | Industry Updates, Mortgage Information

Source: The Motley Fool —  Mortgages have been in the news for the past few years, particularly during the initial phase of the COVID-19 pandemic when interest rates dove beneath the 3% mark. Today, they’re in the news again as interest rates rise and home...
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