Lending and Originations

"Metro markets in southern states will likely outperform others due to faster job increases, while markets in the Midwest will experience gains from being in the most affordable region,” said Lawrence Yun, the NAR’s Chief Economist.

Michael Gifford of Splitero examines homeowners who are “locked” into their homes due to the interplay of rising interest rates, rising home prices, and a lack of inventory.

The Workforce Housing Tax Credit Act would help to close the homeownership gap by establishing a middle-income housing tax credit, which is estimated to finance approximately 344,000 affordable rental homes.

Housing advocates say a secure home and neighborhood can help prevent isolation-related illnesses.

Jim Cameron of STRATMOR Group shares his perspectives on the current state of the housing market and discusses the hurdles that may lie ahead as we enter 2024.

The nation’s housing outlook depends largely on the economy and inflation, analysts say, as the industry closes the book on 2023 and approaches the new year.

Sofia Rossato of Floify discusses what lies ahead for the industry in 2024, as the evolution of technology continues to assist both lenders and borrowers alike on the path to homeownership.

Americans continue to have a dire view of their housing prospects, as only 14% of those surveyed reported having a positive outlook on the U.S. housing market.

Brett Brumley of Lender Toolkit discusses the challenges that lie ahead in the industry, and how advancements in artificial intelligence and machine learning will smooth the road ahead.

A combination of “inflation, high prices, soaring mortgage rates, and low housing supply caused 2023 to go down as the least affordable year for housing in recent history,” said Redfin Senior Economist Elijah de la Campa.