Housing Gains Have Slowed Significantly Since Q2 2022
After more than a decade of overheated growth, the rapid increase in mortgage rates helped stall progress in the U.S. housing market in 2022. Source: DS News
After more than a decade of overheated growth, the rapid increase in mortgage rates helped stall progress in the U.S. housing market in 2022. Source: DS News
A new study from LendingTree, according to experts, predicts the average interest rates on 30-year fixed mortgages to be between 5.5% and 6.5% when 2023 ends. Source: DS News
Redfin reports that the luxury and investment home market has slid 38.1% year-over-year, due to lingering inflationary concerns, high interest rates, and fears of a recession. Source: DS News
New HUD appointment will manage the Department’s legislative affairs, Congressional relations, and policy matters impacting federal, state, and local governments, and public and private interest groups. Source: DS News
According to a new Porch study, homeowners and homebuyers are beginning to understand and appreciate the value of an energy-efficient home and what it provides in terms of cost [...]
According to the Consumer Financial Protection Bureau, a new analysis of nearly half a million complaints reveals ongoing challenges, as TransUnion, Experian, and Equifax top the list of complaints. [...]
Nationwide legal services provider names Michael Gonzales a Member and Owner at the firm, and promotes A. Drew Powers to the role of Managing Partner of the firm’s National [...]
Chief Economist Mark Fleming of First American states that “given the large loss of affordability buyers experienced this year, a possible improvement next year will be a welcome relief [...]
CoreLogic anticipates that annual price changes will move into negative territory by the spring of 2023 before rebounding to near 2% to 3% growth in the fall. Source: DS [...]
Southern states are seeing an influx of movers, according to North American Van Lines' 2022 Annual Migration Map, as a large trend of Americans are migrating to more affordable [...]