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Pending home sales jump by most since June 2020 as housing market looks to rebound
Source: Yahoo! News --- Signed contracts to buy existing homes in the U.S. rose in January in the largest monthly increase since June 2020, as the housing market sets course for rebound mode. The National Association of Realtors’ index of pending home sales climbed...
Better Mortgage Launches Mortgage Product, called ‘Equity Unlocker’
Better Mortgage announced the launch of the Equity Unlocker program, a new financial product designed for those with vested equity in their employer, like many employees in the tech space. Amazon employees will be the first to have access to the Equity Unlocker, which...
Mortgage Lending Activity Slumps Across Country to Lowest Point in Nearly Nine Years
ATTOM, a curator of land, property, and real estate data released its fourth-quarter 2022 U.S. Residential Property Mortgage Origination Report, which shows that 1.52 million mortgages secured by residential property (1 to 4 units) were originated in the fourth...
Economist and Housing panel expects home prices will grow at a steady pace starting in 2024
Economists and housing experts polled in the latest Zillow Home Price Expectation (ZHPE) survey expect home prices to fall 1.6% through Dec. 2023. Affordability challenges are still dragging down demand for homes – lower mortgage costs in January translated into sales...
Hanover Insurance Group Partners with Harris Poll to Develop 2023 Home Buying and Renovation Report
The Hanover Insurance Group, Inc. released its 2023 Home Buying and Renovation Report, which provides insights into recent home buying trends and plans for renovations in the new year. The Hanover commissioned The Harris Poll to conduct the research, which found that...
Home prices set for double-digit plunge in major Western US cities: Goldman Sachs
Source: New York Post --- Four US cities that experienced housing booms during the COVID-19 pandemic are set for major declines in home prices by the end of next year, according to Goldman Sachs analysts. The pandemic boomtowns of Austin, Seattle, Phoenix and San...
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