The confluence of market forces that are currently weighing on the market is shaking up long-term forecasts. Here’s why Fannie Mae Chief Economist Doug Duncan thinks “it’s unlikely the economy will avoid a modest recession.”
Read More »Slowing Housing Market Expected Soon
According to a new report from Fannie Mae’s Economic and Strategic Group (ESR), a combination of rising interest rates and elevated inflation will continue to weigh on the housing market and are now predicting a 1.2% full-year market growth. The ...
Read More »Fannie Mae Downgrades Housing, Origination Forecast
In their latest forecast, Fannie Mae’s Economic and Strategic Group (ESR) has downgraded its GDP projections along with home sales and mortgage originations due to the current state of the economy. Fannie Mae now predicts that real GDP growth measured on ...
Read More »Higher Mortgage Rates Expected to Slow Housing Activity
According to the April 2022 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group, expectations of aggressive monetary policy tightening through 2023 by the Federal Reserve are expected to further moderate economic output already being weighed down by ...
Read More »Military Conflict Complicates Fannie Mae’s Estimates
No matter what you call it, the conflict in Ukraine is creating worldwide macroeconomic events that will trickle down to every segment of the economy over the course of the year. Knowing this, the Economic and Strategic Research Group (ESR) at ...
Read More »Short Supply and Affordability to Constrict Housing Market in 2022
Fannie Mae’s ESR Group found that, despite the nation’s solid economic finish to 2021, inventory and inflation will dampen the housing forecast in 2022.
Read More »Home Price Gains Continue to Raise Affordability Concerns
An analysis finds that home prices escalated at a torrid pace in August, forcing many prospective homebuyers to the sidelines with many continuing to be priced out of the market.
Read More »Housing Market Forecast Remains Bright, Despite Rise in Rates
As the nation recovers from the pandemic of the past year, Fannie Mae forecasts a spring full of economic growth and an even-keeled housing market.
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