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...
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...
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...
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...
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...
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...