Subscribe to Email News Updates
Housing Market Update: Asking Prices Come Down from All-Time High
Source: Redfin --- More and more, home sellers are ceding to the mounting pressure on affordability posed by this month’s rapid mortgage-rate hike. The median asking price of newly listed homes is down 1.5% from the all-time high it reached in the spring, and a...
Coming Baby Boomer Mortality Rates to Have Minimal Impact on U.S. Housing Supply, Prices
Source: World Property Journal --- According to new research by the Mortgage Bankers Association's Research Institute for Housing America, more than 4 million existing-homes for sale annually over the next decade will come from the aging and mortality of older...
As rates rise and expectations shift, more sellers dropping asking prices
Source: Scotsman Guide --- With affordability hovering around all-time lows and buyer activity on the decline, more and more home sellers are recalibrating their expectations and adjusting their asking prices, according to a new report from Redfin. The median asking...
Real estate, rents continue to climb as housing crunch continues
Source: AZPM --- Housing of all types has gotten pricier in Tucson since the COVID-19 pandemic. On the real estate market, home prices have gone up 50 percent in the past two years, while rents have gone up by a third. "You're seeing a lot of people who are coming in...
Biggest Winners and Losers in a Housing Market Crash, According to Experts
Source: Newsweek --- Soaring home prices, rising mortgage rates, a 40-year inflation high and other factors are fueling concerns that the U.S. housing market could crash. While some experts have doubts about whether such a crash would match the severity of 2008's...
7 regulation and compliance issues facing the mortgage industry
Source: National Mortgage News --- From a debate on credit scoring models to a CFPB warning to servicers about their handling of Homeowner Assistance funds, there's no shortage of developments at the federal level that stand to impact every day dealings in the...
Recent Posts
FHFA’s Pulte to Relinquish Intelligence Chief Role on Aug. 3- Hits and Misses for the Real Estate Week of July 27-31
- The World’s First Motel (or What’s Left of It) is Listed for Sa…
- CMBS Delinquency Rate Soars by 51 Basis Points to 7.86%
- Senate Democrats Question Why FHFA’s Pulte is Still Working as Intell…
