Source: The Week — The “booming housing market is stalling out,” said David Harrison and Nicole Friedman in The Wall Street Journal. Trapped between near-record prices and soaring mortgage rates, buyers are pulling back. In July, figures released...
Source: New York Post — The US housing market still has “further to fall” in a recent downturn that has sparked fears of a recession, Goldman Sachs analysts warned in a note to clients on Tuesday. The bank’s analysts expect home price growth in the once-booming...
Source: Post Independent — This is an issue we revisit periodically, because everybody else does. The question is regularly raised, “With stratospherically spiking home prices, and so called ‘Non-QM (Nonqualifying mortgages, meaning not conforming to Fannie Mae...
Source: The Motley Fool — There was a point last year (and even during the first part of 2022) where all you had to do to sell a home quickly was get a listing up. For months, the housing market lacked inventory in a serious way, and that led to a period of...
Source: Fortune — Back in June, Fed Chair Jerome Powell made it clear to reporters: The Pandemic Housing Boom was over. Heading forward, he said, spiked mortgage rates would push the U.S. housing market into a slowdown. “We saw [home] prices moving up very very...
Source: Nasdaq — Are we going to see a housing bubble? According to new guidance from credit reporting agency Fitch, we may. In a recent release, Fitch analysts stated that the probability of a “severe downturn” in the U.S. housing market is on the...
Hits and Misses for the Real Estate Week of June 22-26
