New Fannie Mae data revealed the pandemic prompted many first-time homebuyers to move from smaller housing units in high-density cities to larger homes in lower-density areas, fueling a rise in home sales and lowering the number of days homes sit on the market.
Read More »Experts Predict Home Prices to Fall YoY Nationwide in 2023
According to a new LendingTree study, a combination of relatively high rates and weak homebuyer demand will likely cause a gradual decline in prices nationwide in 2023. Click to see what else experts predict this year.
Read More »Potential Buyers Increasing Down Payments to Secure Homes
New data from Redfin's latest market report showed that homebuyers’ down payments doubled during the pandemic, and despite September revealing a slight decline from their peak in June, competition and increasing home prices continue to make it difficult for prospective buyers to afford homes.
Read More »The Cost of Quality
Sara Knochel of Candor Technology explains how a strong technology partner can help make or break a lender’s future in the mortgage industry.
Read More »Economic Check In With Realtor.com’s Danielle Hale
In her latest video, Hale breaks down the recent Jobs report, how it is impacting Fed decision making, and what first-time homebuyers are seeing as advantages—and disadvantages—in the current market.
Read More »Consumer Confidence in Housing Declines
Fannie Mae reports that unfavorable economic conditions continue to fuel increased pessimism among homebuyers.
Read More »Civil Rights Icon Offers CEOs Advice to Uplift Communities
MBA’s annual convention and expo included a general session on Monday, Oct. 19 about “Diversity, Equity and Inclusion,” which featured prominent guest speakers. Ambassador Andrew J. Young discussed ...
Read More »Places Where Research Shows Biggest Decline in Affordability
Nationally, house-buying power continues to outpace nominal house price appreciation, researchers say, resulting in some improvement in affordability relative to one year ago. This new report breaks it down locally.
Read More »Fannie Mae: Economy Ready for Rebound After Historic Setback
According to an economist for the GSE, however, the pace of economic recovery will be driven largely by factors related to the coronavirus.
Read More »Update from the Treasury on Housing Market
The new report also covered the sharp decline in unemployment and predictions on how the unemployment rate will rise.
Read More »