Declining affordability will cause some buyers to pull out of the market, but the current supply and demand war the market is currently experiencing will continue to put upward pressure on prices.
Read More »Refi Interest Wanes as Rates Begin to Rise
As mortgage rates begin to ascend, overall mortgage purchase and refinance application volume has begun to tail off.
Read More »Mixed Bag of Housing Opportunities Forecast for 2022
New economic data finds that prospective buyers must withstand an impending whirlwind market heading into the new year.
Read More »Selling Your House for Bitcoin
The housing market’s unfettered rise over the last year has been nothing but historic as homeowners have now realized over $2.9 trillion in equity gains—but this rise has been overshadowed by ...
Read More »Home Prices Continue to Rise Nationwide
S&P CoreLogic Case-Shiller Indices found an annual price gain of nearly 20% in September 2021, driven by a continued lack of inventory and the return of bidding wars.
Read More »GSE Loan Limits to Rise Nearly $100K in 2022
The FHFA has issued its conforming loan limits for 2022, as the increase in home prices nationwide has forced loan limits to $647,200 next year.
Read More »Tracking the Nation’s FSBO Sales
According to a new report, For Sale By Owner listings tend to be found in rural and lower-income areas, at prices 18% lower than properties represented by agents.
Read More »Are Bidding Wars Still a Thing?
While bidding wars reached a pandemic peak in April, 60.3% of all offers written by Redfin in October experienced a bidding war, down from the 60.4% in September. While the decrease in ...
Read More »Continued Low Inventory Forces Uptick in Sales
NAR reports that pending home sales rose in October, with buyers fearing a spike in rates took advantage of the limited supply available.
Read More »FinTech Lenders May be Key to Solving Discrimination
The rise of fully digital mortgages and online-only lenders where people are less likely to have to apply in person may be the key to closing the lending gap.
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