The Fannie Mae Home Purchase Sentiment Index (HPSI) remained comparatively flat in May —decreasing by only 0.3 points— but inching nearer its 10-year- and pandemic-low of 63.0 from April 2020. Surveyed consumers continue to express concerns about housing affordability, with ...
Read More »Borrowers Gain Over $3.2 Trillion in Equity Throughout 2021
CoreLogic released the Homeowner Equity Report for Q4 of 2021, showing U.S. homeowners with mortgages experienced an increase in equity by 29.3% year-over-year. This number represents an overall equity gain of more than $3.2 trillion, and an average gain of ...
Read More »Pending Sales Down From 2021
Active listings fell 29% year-over-year, dropping to an all-time low of 440,000, while listings were down 50% from the same period in 2020.
Read More »Inventory Shortages Continue Fueling Intense Housing Market Competition
Salt Lake City and Tucson were among the list of populous cities that have the highest levels of housing market competition.
Read More »2022 Housing Market Forecast: Where Are the ‘Hidden Gems’?
Housing experts predict two quarter-point interest rate hikes by the Fed in 2022 as housing prices and inflation rates are expected to climb.
Read More »The Trends Homeowners and Buyers Can Expect Next Year
This year has been an intense one for all industries, but the housing market has managed to come out on top. As 2021 draws nearer, Zillow offers some key trend predictions that could lead to shifts in the market next ...
Read More »Fannie Mae Upgrades Predictions for 2021 Housing Market, Economy
Many factors have contributed to Fannie Mae’s updated prediction for end-of-year and 2021 growth. Stronger-than-expected data coming in, positive vaccine developments, and increased talks of additional stimulus have helped keep the economy moving ahead. Originally forecasted at negative 2.5%, full-year ...
Read More »Housing Market Forecast and Predictions for 2021
Shelter-at-home orders and other measures were put in place just before springtime this year, which is usually the best time of year for listing and selling homes. However, 2021 poses to be a much more stable year for real estate, ...
Read More »Here’s How President-Elect Biden Could Reshape the Housing Market
Major news outlets announced on Saturday that former Vice President Joe Biden is the president-elect. A Biden administration may bring major policy changes with it. According to an analysis from realtor.com, Joe Biden would be entering the presidency during a ...
Read More »Why Are Americans Putting Off Selling Their Homes?
The competition among homebuyers is intense and home prices have been soaring in recent months. The cause of this heated competition and rising prices is the short supply of homes for sale. This lack of inventory has been prevalent across ...
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