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First American cites 2023 housing market optimism

First American cites 2023 housing market optimism

by Third Party | Jan 12, 2023 | Industry Updates, U.S. Housing Market

Source: The Title Report —  First American Financial Corp. released its Potential Home Sales Model for November 2022, measuring what the healthy market level of home sales should be based on economic, demographic, and housing market fundamentals. Data pointed to...
US housing price slowdown continues as mortgage financing poses headwind

US housing price slowdown continues as mortgage financing poses headwind

by Third Party | Jan 12, 2023 | News/Current Events, U.S. Housing Market

Source: S&P Global —  U.S. home prices rose 9.2% year over year in October 2022, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Despite the annual rise in home prices during the month, the price hike was still weaker...
What’s Ahead for the U.S. Housing Market?

What’s Ahead for the U.S. Housing Market?

by Third Party | Jan 12, 2023 | Real Estate News, U.S. Housing Market

Source: Knowledge at Wharton —  The U.S. housing market last year bore the brunt of higher mortgage rates that rode spiraling inflation in the broader economy, but that will change this year, according to Susan Wachter, Wharton professor of real estate and...
US real estate has ‘monumental opportunity’ to solve housing crisis in 2023: Expert

US real estate has ‘monumental opportunity’ to solve housing crisis in 2023: Expert

by Third Party | Jan 11, 2023 | Industry Updates, U.S. Housing Market

Source: Fox Business —  With the New Year comes new opportunities – and one real estate developer and CEO signaled there’s untapped potential in the sector that could make investors big bucks while solving an affordable housing crisis. “This sits as a...
Housing Market Trends and Predictions for the Next 5 Years: 2022 to 2026

Housing Market Trends and Predictions for the Next 5 Years: 2022 to 2026

by Third Party | Jan 11, 2023 | Industry Updates, U.S. Housing Market

Source: Total Mortgage —  The housing market is one of those asset classes that get better with time. Historically, home values rise even if there are stretches in between when the market slows down. For example, in the five-and-a-half decades leading up to...
Mortgage Lenders: The 2023 Purchase Market Is Your Moment

Mortgage Lenders: The 2023 Purchase Market Is Your Moment

by Third Party | Jan 11, 2023 | Mortgage Information, U.S. Housing Market

Source: Forbes —  It’s time for mortgage lenders to stop comparing 2022 volume and 2023 projections to the refinance-fueled record fundings of 2020 and 2021. The pandemic refi boom is long over, and while home buyers who need mortgages are still absorbing this...
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