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Here’s How Many Homeowners Could Be Stuck With ‘Underwater’ Mortgages in 2023

Here’s How Many Homeowners Could Be Stuck With ‘Underwater’ Mortgages in 2023

by Third Party | Dec 22, 2022 | Real Estate News, U.S. Housing Market

Source: Yahoo! Money —  Home values are likely to fall next year, and some recent buyers may find themselves in the predicament of being underwater on their mortgages. But experts say most homeowners probably don’t need to worry too much. A new analysis from...
U.S. Housing Market Index Unexpectedly Drops For 12th Straight Month In December

U.S. Housing Market Index Unexpectedly Drops For 12th Straight Month In December

by Third Party | Dec 21, 2022 | Industry Updates, U.S. Housing Market

Source: RTT News —  Homebuilder confidence in the U.S. has unexpectedly seen a continued deterioration in the month of December, according to a report released by the National Association of Home Builders on Monday. The report showed the NAHB/Wells Fargo Housing...
Bank of America CEO Issues Dire Warning for Housing Market: Prepare for 2 More Years of Pain

Bank of America CEO Issues Dire Warning for Housing Market: Prepare for 2 More Years of Pain

by Third Party | Dec 21, 2022 | Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Source: The Ascent —  It’s been a really tough go for prospective home buyers since mid-2020. For the past two years and change, the real estate market has sorely lacked inventory. That’s driven home prices upward and forced buyers into countless...
Experts Predict What The Housing Market Will Look Like In 2023

Experts Predict What The Housing Market Will Look Like In 2023

by Third Party | Dec 21, 2022 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market

Source: Forbes —  The housing market is sending clearer signals that historically low mortgage rates and the home-buying frenzy have come to an end. As we near the end of 2022, here’s a look at the expectations of real estate experts for 2023. Danielle...
Housing Market Recession: Home Builder Sentiment Tanked Every Month This Year—But There’s Finally A ‘Silver Lining’

Housing Market Recession: Home Builder Sentiment Tanked Every Month This Year—But There’s Finally A ‘Silver Lining’

by Third Party | Dec 20, 2022 | Real Estate News, U.S. Housing Market

Source: Forbes —  Home builder confidence plunged every single month this year as higher interest rates weakened demand in the formerly booming housing market, the National Association of Home Builders reported Monday, but with the Federal Reserve finally...
U.S. home builder gloom persists, but some hope seen for next year

U.S. home builder gloom persists, but some hope seen for next year

by Third Party | Dec 20, 2022 | Real Estate News, U.S. Housing Market

Source: Reuters —  Dec 19 (Reuters) – Confidence among U.S. single-family home builders fell for a record 12th straight month in December as even a scramble to offer incentives for prospective buyers failed to boost traffic and lift sales in today’s...
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