Mortgage Industry News
U.S. housing prices could plunge 20%, Dallas Fed warns
Source: CBS News --- America's home prices could plunge as much as 20% due to the sharp rise in mortgage rates in 2022, which are drastically increasing home ownership costs and "boost the odds of a severe house price correction," according to research from the...
37% of real estate agents in the US couldn’t afford to pay their rent in October — another bad sign for the housing market. Here are 3 key takeaways for sellers right now
Source: Yahoo! --- As of September, the number of newly listed homes had dropped 20% from the year before and homes are lingering on the market for 32 days — 13 more days than the year before, according to analysis from Redfin. But if you need yet another sign the...
8 Simple Rules for Negotiating Your Offer and Getting That House
Source: Houselogic --- Here’s the dream: Your offer is perfect, you don’t need to negotiate, and you can spend the next few weeks addressing more pressing home ownership questions like, “Why is it called wainscoting?” and “Do I want a new couch in blush or emerald...
MILLENNIAL DEMAND IS DRIVING PRICES UP IN NEIGHBORHOODS WITH KIDS
Source: RISMedia --- With a record number of millennials set to reach key age milestones for homebuyers over the next two years, experts say this could push already accelerated price gains even further. This, according to a new report from Zillow that found home...
Why the blockbuster January jobs report means your mortgage and credit card payments will get more expensive
Source: Business Insider --- The January jobs report was hugely positive. Its effects on your debt won't be. Data published Friday showed the US adding 467,000 nonfarm payrolls last month, beating expectations and signaling the Omicron wave did little to slow the...
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Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
