...their search altogether. When respondents were asked to select the reasons for pulling back, including home prices, housing inventory, inflation and recession concerns, interest rates were overwhelmingly chosen as the...
Read More »Search Results for: inventory
Data Confirms Mortgage Demand Up; Rates Down
...expected to see a seasonal rebound in January, regardless," McMahon continued. "Mortgage originations continue to face significant rate, affordability and inventory headwinds, and lock volumes are still down more than...
Read More »Pending Home Sales Post Smallest Decline Since September
...by the number of months it would take for the current inventory to sell at the current sales pace—was 4.1 months, up from 2.2 months a year earlier. 42% of...
Read More »Stability: An Essential Commodity for Non-QM Loans
...in the housing market continues to be fueled by a culmination of limited inventory, interest rates and inflationary pressures, the need is still there. The value the wave of this...
Read More »List-to-Sale-Price Ratio Returns to Pre-Pandemic Levels
...price averages remained unchanged month-over-month. Since the first half of 2022, limited inventory and low activity have been some of the most prominent trends in the market, but by the...
Read More »Slowing Home Sales and Price Growth Continue to Shift Market
...42% decline seen nationwide. Although low housing inventory has led to record-high home prices over the past several years, the forecasted inventory growth in these markets won't necessarily translate into...
Read More »Homebuyers Gain Bargaining Power as Mortgage Rates Fall
...49 markets posted yearly active inventory gains in January, led by Nashville, Tenn. (+303.5%), Austin, Texas (+260.4) and Raleigh, N.C. (+254.8%). The only metro to see inventory decline on a...
Read More »Nominal Interest Rate up 25pts
...down further, which should spur a strong spring housing market. Inventory will again be the primary constraint on the market. More new housing construction is necessary not only to bring...
Read More »Homebuyers Return as Market Shifts Toward Their Favor
...low inventory. Would-be sellers are more sensitive to elevated rates because 85% of mortgage holders have a rate far below today’s level of roughly 6%. This “lock-in” effect and still-high...
Read More »Most Homeowners ‘Well Positioned’ for Recession
...Serious Delinquency (90 days or more past due, including loans in foreclosure): 1.2%, down from 2% in November 2021 and a high of 4.3% in August 2020. Foreclosure Inventory Rate...
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