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Home Prices Still Surging, But Today’s Data is For April

Home Prices Still Surging, But Today’s Data is For April

by Third Party | Jun 29, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Mortgage News Daily —  It’s one of the perennial “yeah buts” of the two largest and most widely-cited home price indices: there data is always about 2 months old by the time it comes out.  This is the nature of home price reporting.  It...
Metros with the most mortgage-burdened homeowners

Metros with the most mortgage-burdened homeowners

by Third Party | Jun 29, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Fox 5 —  Roughly half of all Americans agree a lack of affordable housing in their city is a major problem, according to a 2021 Pew Research Center survey. Pew also found a proportion of Americans concerned about dwindling housing affordability has grown...
Mortgage Lenders Turn ‘Desperate’ as Soaring Rates Roil Industry

Mortgage Lenders Turn ‘Desperate’ as Soaring Rates Roil Industry

by Third Party | Jun 28, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Bloomberg —  Danny Meier had one of the busiest years of his career in 2021. The 36-year-old closed roughly $799 million worth of loans at Academy Mortgage Corp., ranking him among the top producing originators in the US. Now, he’s bracing for a 20%...
The Great Real Estate Slowdown: 10 Markets Where Homes Linger the Longest—and Buyers Gain an Edge

The Great Real Estate Slowdown: 10 Markets Where Homes Linger the Longest—and Buyers Gain an Edge

by Third Party | Jun 28, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Realtor —  In the fraught, pressure-packed, scarily unpredictable summer 2022 housing market, home sellers and buyers are compulsively tracking key real estate metrics like baseball obsessives tracking box scores—only with way more on the line than the...
Pending home sales unexpectedly break six-month losing streak in May

Pending home sales unexpectedly break six-month losing streak in May

by Third Party | Jun 28, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Fox Business —  On a regional basis, contract signings jumped 15.4% month over month in the Northeast, increased 0.2% month over month in the South, fell 1.7% month over month in the Midwest and contracted 5% in the Midwest. The figures mark...
Two Reasons Why Today’s Housing Market Isn’t a Bubble

Two Reasons Why Today’s Housing Market Isn’t a Bubble

by Third Party | Jun 28, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Keeping Current Matters —  You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over...
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