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housing bubble

Low housing inventory a win for homebuilders

March 24, 2023 by Brett Tams

If national housing inventory were back to normal, we would have 2 to 2.5 million active listings of direct competition for homebuilders.

Posted in: Paying Off Debts, Real Estate Tagged: 2, 2022, 2023, active, All, average, Behavior, Books, bubble, build, builder, builders, business, Buy, buyer, buyers, calm, Census Bureau, Competition, construction, covid, COVID-19, crash, Credit, data, Department of Housing and Urban Development, Development, environment, existing, Existing home sales, Fall, Family, Financial Wize, FinancialWize, Giving, Grow, home, home market, Home Sales, Homebuilders, homes, homes for sale, Housing, housing bubble, housing completions, Housing inventory, Housing market, Housing permits, hwmember, inventory, Listings, low, Main, Make, market, Media, model, More, Mortgage, Mortgage Rates, Move, Moving, natural, needs, new, new home, new home sales, ok, percent, Permits, price, Prices, products, Purchase, rate, Rates, Real Estate, right, sales, Sell, single, single-family, Sites, social, Social Media, story, stress, time, U.S. Census Bureau, under, will, work, working

Lower mortgage rates fueling existing home sales

March 21, 2023 by Brett Tams

To understand why we had such a beat in sales, you only need to go back to Nov. 9, when mortgage rates started to fall from 7.37% to 5.99%.

Posted in: Mortgage, Mortgage Rates, Refinance Tagged: 2, 2022, 2023, action, active, affordability, All, bankruptcy, bar, before, Behavior, bidding, bidding wars, Books, bubble, buyers, cnbc, co-ops, cost, country, covid, COVID-19, crash, Credit, data, days on market, Distressed, Economics, environment, existing, Existing home sales, Fall, Family, Federal Reserve, Financial Wize, FinancialWize, first-time buyers, First-time Homebuyers, Forbearance, good, Grow, growth, helpful, historical, home, Home Sales, Homebuyers, Homeowner, homeowners, homes, Housing, housing bubble, housing data, Housing inventory, Housing market, Housing Market Tracker, housing sales, inventory, investors, Listings, low, LOWER, Make, market, MBA, More, Mortgage, Mortgage Rates, Move, NAR, one year, panic, place, price, products, Purchase, rate, Rates, rebound, return, rise, sales, Sell, selling, single, single-family, single-family homes, time, townhomes, trend, will, work, wrong

How to Use the 50/20/30 Rule as Your Budgeting Plan

March 15, 2023 by Brett Tams

Learn how this budget plan works, how to put it into action, and if it’s the right fit for you.

Posted in: Mortgage News Tagged: 2021, 2022, 2023, action, All, Apps, average, bankruptcy, banks, basic, before, bills, book, bubble, Budget, Budgeting, building, business, car, Car Insurance, cars, categories, Clothes, commute, country, couple, coupons, Credit, credit card, credit cards, data, Debt, Debts, Decor, dining, dining out, double, Emergency, Entertainment, expense, expenses, Extra Money, Family, Finance, Financial Goals, Financial Plan, Financial Wize, FinancialWize, flipping, Free, freedom, frugal, fun, gas, gay, goal, goals, great, groceries, grocery, grocery bill, Grow, health, home, household, household income, Housing, housing bubble, housing prices, How To, Income, income inequality, inequality, Inflation, Insurance, internet, Investing, investments, items, jobs, language, laundry, Learn, lgbtq, Live, Living, living expenses, loan, Loans, low, LOWER, Make, make extra money, man, Massachusetts, money, monthly budget, monthly expenses, More, Mortgage, movies, netflix, new, Opinion, Other, paycheck, payments, penny, Personal, place, plan, plans, pool, price, Prices, protection, realtor, Realtor.com, Recession, Rent, right, rise, save, Save Money, Saving, saving money, savings, second, shopping, Side, Side Hustle, single, smart, Spending, spouse, spreadsheets, states, story, student, student loan, student loan debt, Student Loans, tax, taxes, time, Top 50, under, USDA, used cars, utilities, vacations, value, warren, Ways to Save, wealth, weddings, will, woman, work, workers, working, Zero-Based Budgeting

Housing Market Tracker: Mortgage rates fall after SVB failure

March 13, 2023 by Brett Tams

Mortgage rates fell last week after the failure of Silicon Valley Bank spooked bond traders worried about contagion.

Posted in: Mortgage, Mortgage Rates, Refinance Tagged: 10-year yield, 2, 2016, 2017, 2021, 2022, 2023, action, active, All, Altos Research, Apps, average, Bank, Banking, bar, before, bond, bonds, bubble, builder, business, Buy, clear, covid, COVID-19, Credit, Crisis, data, Debt, deck, Economy, Emergency, existing, Existing home sales, Fall, fed, Financial Wize, FinancialWize, Forecast, front, future, government, growth, historical, home, Home Sales, homes, hours, Housing, housing bubble, housing demand, Housing inventory, Housing market, Housing Market Tracker, Housing Starts, Inflation, inventory, jobs, jobs report, Listings, Live, loan, low, LOWER, market, markets, More, Mortgage, Mortgage Rates, Move, Moving, NAR, needs, new, News, Purchase, purchase applications, Raise, rate, Rate Hikes, Rates, Research, rise, risk, running, sales, save, seasonal, Seasonality, securities, Sell, silicon valley bank, stress, svb, the fed, time, trading, under, Unemployment, unemployment rate, will

Housing market once again braces for higher mortgage rates—where 8 experts see rates going this year – Fortune

March 6, 2023 by Brett Tams

Housing market once again braces for higher mortgage rates—where 8 experts see rates going this year  Fortune

Posted in: Renting Tagged: 2, 2021, 2022, 2023, 30-year, 30-year fixed mortgage, 30-year mortgage, 30-year mortgage rate, affordability, affordable, agents, ARM, average, Bank, bank of america, before, borrowers, bubble, builders, business, color, data, experts, Fall, Fannie Mae, fed, Federal Reserve, Financial Wize, FinancialWize, financing, fixed, fixed rate, Forecast, Forecasts, Freddie Mac, future, Goldman Sachs, government, home, home listing, Home Price, home prices, Home Sales, house, Housing, Housing Affordability, housing bubble, Housing market, How To, impact, interest, interest rates, investment, Learn, lenders, lending, loan, LOWER, Make, market, markets, MBS, Moody's, More, Morgan Stanley, Mortgage, Mortgage Bankers Association, Mortgage Financing, Mortgage News, mortgage payment, MORTGAGE RATE, Mortgage Rates, new, News, Origination, price, Prices, principal, products, project, projects, rate, Rates, realtor, Realtor.com, Research, rich, right, rise, sales, short, the fed, Treasury, trust, Twitter, volatility, will

The savagely unhealthy housing market is over

February 22, 2023 by Brett Tams

The housing market was savagely unhealthy last year and now we are back to a more normal level of over 30 days on the market.

Posted in: Mortgage, Mortgage Rates Tagged: 2021, 2022, 2023, active, affordability, All, Apps, bidding, bidding wars, big, boring, Buy, buyer, buyers, clear, co-ops, Credit, data, days on market, Distressed, existing, Existing home sales, expensive, Fall, Family, Fashion, Federal Reserve, Financial Wize, FinancialWize, first-time buyers, Forecast, goal, good, growth, history, home, Home Price, home prices, Home Sales, homes, Housing, housing bubble, housing demand, Housing inventory, Housing market, Housing Market Tracker, improvement, Inflation, inventory, inventory levels, investors, jump, Lawrence Yun, list, Listings, low, LOWER, market, modern, More, Mortgage, Mortgage Rates, Move, NAR, new, points, Prices, Purchase, purchase apps, rate, Rates, Recession, Research, right, sales, second, Sell, seller, sellers, single, single-family, single-family homes, stable, stories, story, the fed, the west, time, townhomes, traditional, under, will

SOTM 88: Buyer Beware – A Housing Bubble Is Brewing

February 21, 2023 by Brett Tams

A recent article released by the Federal Reserve Bank of Dallas suggests that a housing bubble may be brewing. On today’s State of the Market podcast, Aaron Amuchastegui analyzes this article and several others that point to a growing divergence between price appreciation and real estate market fundamentals. Aaron also discusses an increase in foreclosure activity and why he’s still investing in real estate. 🚨🚨Register for the Real Estate Rockstars Mastermind in May!🚨🚨
➡️➡️https://bit.ly/RERmastermind

Posted in: Small Business Tagged: affordability, appreciation, Bank, buyer, Crisis, disclosure, estate, facebook, Federal Reserve, Financial Wize, FinancialWize, foreclosure, foreclosure activity, guests, home, home affordability, home prices, homes, Housing, housing bubble, housing crisis, Housing market, Instagram, Investing, Learn, Links, market, Mortgage, Mortgage Rates, Opendoor, podcast, Prices, questions, Rates, Real Estate, real estate market, Review, soaring, Twitter, vacation, vacation homes, value, working

Housing completions key to lower mortgage rates

February 21, 2023 by Brett Tams

Once the housing completion data looks better, the growth rate of rent — which is the biggest driver of core CPI — can cool down.

Posted in: Mortgage, Mortgage Rates, Real Estate Tagged: 2, 2021, 2023, All, average, Behavior, big, bond, build, builder, builders, building, building permits, Competition, construction, covid, COVID-19, Credit, data, driving, Economics, Economy, efficient, existing, Existing home sales, Fall, Family, Federal Reserve, Financial Wize, FinancialWize, front, future, growth, home, home market, Home Sales, homes, Housing, housing bubble, housing completions, Housing inventory, Housing market, housing recession, Housing Starts, How To, impact, Income, index, Inflation, inventory, inventory levels, items, jobs, low, LOWER, Make, Make Money, market, money, More, Mortgage, Mortgage Rates, NAHB, NAR, new, new home, new home sales, percent, Permits, points, Prices, productive, protect, rate, Rates, Real Estate, Recession, refinancing, Rent, rental, sales, second, selling, single, single-family, single-family housing, SINGLE-FAMILY HOUSING STARTS, story, survey, time, traditional, under, wells fargo, will, work

7 Lessons I Learned From My Short Sale

February 21, 2023 by Brett Tams

Hello! Today’s post is from Alaya and what she learned from experiencing a short sale. Alaya is the blogger behind Hope+Cents. After dumping her own debt, she has become passionate about helping others do the same and shares tips, encouragement, and hope for those looking to take control of their finances. Over nine million Americans lost […]

The post 7 Lessons I Learned From My Short Sale appeared first on Making Sense Of Cents.

Posted in: Debt, Home Tagged: 2, 2017, agent, All, American Dream, art, banks, before, big, Blog, bonus, Broker, Budget, business, Buy, buy a house, buyers, Buying, cents, Children, Choices, College, Colonial, consumer debt, couple, Credit, Crisis, data, Debt, decision, decisions, down payment, dream, driving, Economy, Employment, equity, estate, expense, experience, Family, finances, Financial Goals, Financial Wize, FinancialWize, financing, Ford, foreclosure, Free, Giving, goals, good, guide, HELOC, hindsight, home, home equity, home equity line of credit, Home Ownership, homeowners, homeownership, homes, house, Housing, housing bubble, housing crisis, Housing market, interest, job, journey, kids, LA, Learn, learned, lending, lessons, Life, line of credit, loan, loan modification, maintenance, Make, making, market, married, Media, mess, mistake, Mistakes, module, money, More, more money, Mortgage, Mortgages, Move, new, opportunity, Other, ownership, patience, payments, place, poor, pressure, programs, Purchase, questions, rate, Real Estate, real estate agent, Refinance, Rent, renting, renting a house, retirement, right, Saving, second, Sell, selling, shares, short, Short Sale, social, stories, story, The Wall Street Journal, time, timing, tips, title, town, traditional, wall, will

U.S. Housing Market Still Not in a Bubble, Despite What You May Think

February 20, 2023 by Brett Tams

Two new reports put to bed the idea that we’re in another housing bubble or due for another housing crash, though there are some mounting concerns, as there have been for some time. The Urban Institute went as far as to say that “some cities might be” in a bubble, but the overall U.S. housing… Read More »U.S. Housing Market Still Not in a Bubble, Despite What You May Think

The post U.S. Housing Market Still Not in a Bubble, Despite What You May Think appeared first on The Truth About Mortgage.

Posted in: Mortgage News, Renting Tagged: 2017, affordability, affordable, All, all-time highs, appreciation, average, beach, bed, before, Buy, buy a house, buyers, Buying, california, chance, Cities, city, construction, crash, Employment, energy, estate, expensive, Fall, Family, FHFA, Financial Wize, FinancialWize, Florida, foreseeable, franklin, future, good, great, growth, healthy, helpful, historical, home, Home Price, home price growth, home prices, homes, homes for sale, hot, house, household, household income, Housing, housing bubble, housing crash, Housing market, Income, index, industry, Inflation, institutional investors, Insurance, interest, interest rates, international, investors, Land, list, Local, LOS, low, LOWER, Make, market, median home price, MI, Miami, More, Mortgage, mortgage interest, Mortgage Interest Rates, mortgage market, Mortgage News, Mortgage Rates, new, Other, Phoenix, pretty, Prices, probability, Rates, reach, Real Estate, Rent, Research, Review, right, rise, rising home prices, risk, room, seattle, short, shortage, states, Tennessee, texas, time, trends, united, united states, Urban Institute, virginia, will
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