“[E]xternal factors may be at play such as escalating interest rates, inflation, employment shifts and other market dynamics,” said Rob Barber, CEO of Attom, in a report. However, Barber acknowledged that an acceleration in post-holiday filings was also likely a contributing fact...
While that is still below the 5 to 6 months typically needed for a balanced market, it’s a significant improvement from the 2.9-month supply seen back in February. And there’s growing optimism among homebuilders, too, with lower interest rates granting more potential access to capital. ...
While that is still below the 5 to 6 months typically needed for a balanced market, it’s a significant improvement from the 2.9-month supply seen back in February. And there’s growing optimism among homebuilders, too, with lower interest rates granting more potential access to capital. ...
Fed’s rate hikes slowed the housing market. Home sales dropped sharply — buthome priceshit record levels. Because home values are not driven solely by interest rates but by a complicated mix of factors, it’s hard to predict exactly how the Fed’s efforts will affect the housing market....
As we move into the new year, many are wondering what the housing market has in store for us. While interest rates and other economic factors play a role in the overall health of the housing market, there are a number of specific predictions for what we can expect in 2023. ...
The outlook for the 2025 housing market in Boise all comes down to interest rates. According to Madden, potential buyers continue to sit on the sidelines hoping for more favorable mortgage rates. “If rates drop significantly or show a consistent downward trend, we could see a strong spring ma...
Tricky local regulation and a decade of cheap money in the housing market has created a ‘perfect storm’ for prices to stay high, top real-estate CEO says BYAlena Botros March 26, 2024 at 1:08 AM GMT+8 Invitation Homes’ chief executive Dallas Tanner in 2023. Shelby Tauber/Bloomberg—...
As we move into the new year, many are wondering what the housing market has in store for us. While interest rates and other economic factors play a role in the overall health of the housing market, there are a number of specific predictions for what we can expect in 2023. ...
Dietz projected that with inflation showing signs of cooling, the Federal Reserve’s actions to raise interest rates should end in the first quarter of 2023 with a final rate hike in March. The NAHB projects the cumulative effect of the rate hikes will be a peak mortgage rate ...
The interest rates and fees they charge determine their profit margins. Most mortgage originators do not “portfolio” loans (meaning that they do not retain the loan asset). Instead, they often sell the mortgage into the secondary mortgage market. The interest rates that they charge consumers ...