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Housing Market Decline: Home Prices Continued Three-Month Decrease In September

Housing Market Decline: Home Prices Continued Three-Month Decrease In September

by Third Party | Dec 2, 2022 | News/Current Events, U.S. Housing Market

Source: Forbes —  TOPLINE Home prices continued to decline for the third-straight month in September, according to data released Tuesday, after the housing market reported its largest deceleration ever in August.       KEY FACTS Home prices declined by 1.2%...
Bank of America CEO predicts two years of pain ahead in the housing market

Bank of America CEO predicts two years of pain ahead in the housing market

by Third Party | Dec 2, 2022 | Real Estate News, U.S. Housing Market

Source: CNN Business —  New YorkCNN Business —  The CEO of one of the nation’s largest banks is preparing for an economic downturn in 2023. But he’s also hopeful that the likely recession will be brief and “mild.” Bank of America (BAC) CEO Brian Moynihan said in...
U.S. single-family home prices slow again in September

U.S. single-family home prices slow again in September

by Third Party | Dec 1, 2022 | Mortgage Information, U.S. Housing Market

Source: CNBC —  U.S. single-family home prices slowed further in September as higher mortgage rates eroded demand, closely watched surveys showed on Tuesday. The S&P CoreLogic Case Shiller national home price index dropped 0.8% month-over-month in September....
The Housing Market is Projected to Fall in 2023: What You Should Know

The Housing Market is Projected to Fall in 2023: What You Should Know

by Third Party | Nov 30, 2022 | News/Current Events, U.S. Housing Market

Source: Appraisal Buzz —  The U.S. real estate market is at near-unprecedented pricing, but that may not be the case for long. Recent data has experts projecting it will fall in the next year, which would lead to major changes for buyers, sellers, and...
Mortgage market slumps – is this the solution to boost business?

Mortgage market slumps – is this the solution to boost business?

by Third Party | Nov 30, 2022 | Mortgage Information, U.S. Housing Market

Source: MPA Mag —  Amid a sluggish housing market with a backdrop of inflation, marketing has gained heightened importance as brokers struggle to differentiate themselves in the industry. Now, one marketing expert offers advice on how to go about it. Natalie...
Rising Inventory Will Be the Housing Market’s Next Problem

Rising Inventory Will Be the Housing Market’s Next Problem

by Third Party | Nov 30, 2022 | Industry Updates, U.S. Housing Market

Source: The Washington Post —  The US housing market is in an uneasy state of equilibrium. Demand has plummeted as mortgage rates hit a two-decade high, but prices haven’t declined much in part because supply remains correspondingly low. If borrowing costs don’t...
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