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Affordability May Rebound in 2023, According to First American Real House Price Index
Source: Yahoo! --- SANTA ANA, Calif., December 26, 2022--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its...
US housing in 2023 won’t be a buyer’s market or a seller’s market
Source: Quartz --- The Federal Reserve hammered both sides of the housing market in 2022. Rising mortgage rates kept home purchases out of reach for many, while higher building costs made it difficult for sellers to reduce the prices of new homes. The National...
Is Housing Inflation Slowing Down? Trends To Look For In 2023
Source: Forbes --- Key Takeaways Many factors contributed to the rapid rise in home and rent prices over the past few years. Because of the long process from building to selling homes, it takes time for housing inflation to slow. The outlook for 2023 is cloudy, with...
What Buyers Need To Consider in The Current Housing Market
Source: WRAL News --- The winds have turned on the US housing market. Sellers listed 24% fewer homes in October compared to 2021, according to data from Zillow. Fewer people are buying houses though, sales dropping 17% below the pre-pandemic estimates in 2019. After...
2022 marked the end of cheap mortgages and now the housing market has turned icy cold
Source: NPR --- Evan Paul and his wife entered 2022 thinking it would be the year they would finally buy a home. The couple — both scientists in the biotech industry — were ready to put roots down in Boston. "We just kind of got to that place in our lives where we...
Mortgage Rates Are Falling, Which Is Good News for UWM Holdings
Source: The Motley Fool --- Mortgage companies are highly unpopular, but is sentiment too negative in the case of this stock? The past year was extraordinarily difficult for companies in the mortgage space. The Fed aggressively hiked interest rates to help get...
