Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important...
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With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place...
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It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the...
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In a recent article by the National Association of Home Builders, they noted a variety of issues affecting the multifamily industry and ways both property investors and builders are pivoting to overcome these hurdles. As the migration from high...
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While refinances volume continued to spike, application volume for new home purchases continues to wane. "There are signs that demand is waning at the entry-level portion of the market because of supply and affordability hurdles, as well as the...
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Zillow reported in this week's "Zillow Market Pulse" that despite demand being high, traditional mortgage lenders "remain reluctant to resume normal lending standards, even as demand for refinance and home purchase loans remains firm." As an...
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