Source: Redfin — The housing market has begun to recover after hitting a low point in the second week of November. We’re not out of the woods yet, but homebuyers are coming off the sidelines: The number of Redfin customers requesting first tours has improved 17...
Source: New York Post — The ongoing plunge in US home prices may be nearing its end, Goldman Sachs analysts said in a note to clients this week. Long-term mortgage rates have cooled by nearly a full percentage point after surging above 7% as the Federal Reserve...
Source: Yahoo! — Fed Chair Jerome Powell made it crystal clear last summer: Spiking mortgage rates would help to “reset” the U.S. housing market, which had turned into a buyer’s nightmare during the pandemic. Of course, spiking mortgage rates...
Source: Fox Business — Pending home sales increased for the first time in more than a year The housing market is showing early signs of recovery with pending sales of U.S. homes climbing for the first time in a year, according to new data from Redfin. Pending...
Source: Insider — The end is in sight for the US housing market’s troubles, according to Goldman Sachs. Strategists at the US bank said this week that easing mortgage rates are likely to help the market find a floor within six months – with prices likely...
Source: JLL — Our predictions for U.S. Real Estate Markets in 2023 What is the economic outlook for the U.S.? The economy in 2023 will present a mixed picture. While underlying momentum has slowed, this was anticipated following last year’s unexpectedly...
HUD Updates 14 FHA Policies in Move to Improve Affordability
