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Housing market recession: Everything you need to know

Housing market recession: Everything you need to know

by Third Party | Jan 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market

Source: Capital.com —  What is a housing market recession? In general, a recession refers to a situation when the economy is witnessing a decline in activity. In addition, a fall in employment, income, retail sales and production also come into play, affecting...
Millennial Homebuyers: What the 2023 Housing Market Looks Like for Gen Y and Gen Z

Millennial Homebuyers: What the 2023 Housing Market Looks Like for Gen Y and Gen Z

by John G. Stevens | Jan 6, 2023 | Real Estate News, U.S. Housing Market

Source: US News —  Millennials were already having a hard time becoming homeowners, but as new data shows, 2022 only added fuel to the fire. According to the 2022 Profile of Home Buyers and Sellers report from the National Association of Realtors...
20 young real-estate leaders forecast what’ll happen in 2023, from home prices finally dipping to the rise of the South

20 young real-estate leaders forecast what’ll happen in 2023, from home prices finally dipping to the rise of the South

by Third Party | Jan 5, 2023 | Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Source: Insider —  Real estate is an ever-changing industry where there is as much variety in jobs as there is in location. 2022 wreaked havoc on the housing market: Mortgage rates rose at a fast clip, bidding wars cooled, the Airbnb market shifted, and some...
U.S. Home Price Insights – January 2023

U.S. Home Price Insights – January 2023

by Third Party | Jan 5, 2023 | Mortgage Information, U.S. Housing Market

Source: CoreLogic —  Introduction The CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through November 2022 with forecasts through November 2023. CoreLogic HPI™ is designed to provide an early...
Interactive map: The home price correction (or lack thereof) in the 400 largest U.S. housing markets

Interactive map: The home price correction (or lack thereof) in the 400 largest U.S. housing markets

by Third Party | Jan 5, 2023 | Real Estate News, U.S. Housing Market

Source: Yahoo! Entertainment —  There’s no doubt about it: We’re in a sharp housing market downturn. Across the country, mortgage brokers and builders are scrambling as millions of potential buyers sit on the sidelines after last year’s...
Rocket Mortgage Introduces Purchase Plus, Helping Make the American Dream of Homeownership More Attainable

Rocket Mortgage Introduces Purchase Plus, Helping Make the American Dream of Homeownership More Attainable

by Staff Writer | Jan 5, 2023 | Mortgage Information, U.S. Housing Market

Special purpose credit program offers up to $7,500 in lender credits for first-time buyers in underserved communities to eliminate a significant hurdle to homeownership DETROIT, December 27, 2022 – Rocket Mortgage, part of Rocket Companies (NYSE: RKT), today...
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