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Existing home sales will drop to 4.78 million in 2023, NAR predicts

January 30, 2023 by Brett Tams

In addition to a further drop in existing home sales, Yun said he expects the annual median home price to rise just 0.3% next year to $384,500.

Posted in: Paying Off Debts, Real Estate Tagged: 2022, 2023, 30-year, 30-year fixed rate, affordability, Alabama, All, analysis, Arkansas, Austin, california, Cities, color, contracts, country, covid, crash, Crisis, estate, existing, Existing home sales, experience, Federal Reserve, Financial Wize, FinancialWize, fixed rate, Fixed rate mortgage, Florida, Forecast, foreclosure, fraud, gap, Georgia, good, growth, Hiring, home, Home Price, home price growth, Home Sales, homes, Housing, Housing market, industry, Inflation, interest, interest rate, interest rates, inventory, job, jobs, Lawrence Yun, Layoffs, low, LOWER, market, markets, median home price, missouri, More, Mortgage, MORTGAGE RATE, Mortgage Rates, Mortgages, NAR, National Association of Realtors, new, new home, new home sales, north carolina, organization, Other, present, priced in, probability, Raise, rate, Rates, Real Estate, Realtors, risk, room, sales, san antonio, san francisco, single, South Carolina, states, Style, Technology, Tennessee, texas, time, Treasury, will, wrong

Pending home sales rise to cap otherwise disappointing year

January 30, 2023 by Brett Tams

U.S. pending home sales unexpectedly rose in December for the first time in seven months, wrapping up an otherwise poor year for a housing market battered by higher mortgage rates.  The National Association of Realtors index of contract signings to purchase previously owned homes increased 2.5% last month to 76.9, according to a release Friday. … [Read more…]

Posted in: Refinance, Renting Tagged: 2, All, before, borrowing, Consumers, CONTRACT SIGNINGS, data, driving, existing, Federal Reserve, Financial Wize, FinancialWize, home, home purchases, Home Sales, homebuying, homes, Housing, Housing inventory, Housing market, Housing markets, index, interest, Lawrence Yun, low, market, Michigan, More, Mortgage, Mortgage Rates, multiple listing service, NAR, National Association of Realtors, Originations, pending home sales, poor, Purchase, quality, rate, Rates, Realtors, sales, survey, the west, time, under

Dave Stevens on understanding this housing market

January 30, 2023 by Brett Tams

Dave Stevens discusses the psychology of this housing market and five things loan originators need to remember if they want to succeed now.

Posted in: Mortgage, Mortgage Rates Tagged: 2, 2021, 2022, 2023, aging, All, author, Banking, basic, before, betting, bitcoin, business, Buy, buyer, buyers, Buying, cabin, cars, CEO, College, Consumers, country, covid, Credit, data, Demographics, Digit, Economy, estate, Family, fed, Federal Reserve, FHA, Finance, Financial Wize, FinancialWize, First-time Homebuyers, Forecast, Forecasts, Freddie Mac, good, Graphic, great, history, hold, home, home prices, home purchases, Home Values, homebuyer, Homebuyers, Homeowner, hotels, house, Housing, Housing market, Housing markets, industry, interest, interest rate, Layoffs, leadership, learned, Legislation, lenders, lending, lessons, loan, Loans, low, Make, market, markets, MBA, MBA forecasts, millennials, More, Mortgage, Mortgage Bankers Association, mortgage lenders, MORTGAGE RATE, Mortgage Rates, Mortgages, new, offer, Opinion, Other, points, president, pretty, Psychology, Purchase, rate, Rates, Real Estate, realtor, Realtors, Recession, Refinance, refinancing, restaurants, return, right, sales, Sell, sellers, selling, shortages, single, single-family, skill, Spending, Stearns, stimulus, story, the fed, time, timing, title, value, Video, volume, wells fargo, will, working

Long-term mortgage rate hits lowest level in 4 months – Fort Worth Business Press

January 30, 2023 by Brett Tams

Long-term mortgage rate hits lowest level in 4 months  Fort Worth Business Press

Posted in: Renting Tagged: 15-year, 15-year mortgage, 2, 2021, 2022, 2023, 30-year, ad, affordable, assets, Bank, big, borrowing, business, buyer, color, cost, Crisis, Economy, existing, expectations, fed, Federal Reserve, Financial Wize, FinancialWize, Freddie Mac, Giving, Google, guide, home, home prices, Home Sales, Homebuyers, homebuying, homes, Housing, housing crisis, Housing market, Inflation, interest, interest rates, investors, lenders, lending, Loans, Main, market, More, Mortgage, MORTGAGE RATE, Mortgage Rates, Mortgages, National Association of Realtors, new, News, points, Popular, Raise, rate, Rates, Realtors, refinancing, sales, title, Treasury, Treasurys

This little-known metric tells you how a mortgage-rate move impacts … – Morningstar

January 29, 2023 by Brett Tams

This little-known metric tells you how a mortgage-rate move impacts …  Morningstar

Posted in: Renting Tagged: 2, 2021, 2023, 30-year, accessibility, big, builders, building, buyers, color, company, cost, data, decision, Financial Wize, FinancialWize, Forecast, General, Google, government, great, home, home builders, home buyers, home prices, homes, household, Housing, Housing market, impact, interest, interest rate, interest rates, Learn, Loans, Local, low, Main, Make, making, market, MarketWatch, money, More, Morningstar, Mortgage, MORTGAGE RATE, Mortgage Rates, Move, NAHB, National Association of Home Builders, National Association of Realtors, new, new home, News, Permits, points, programs, rate, Rates, realtor, Realtor.com, Realtors, Recession, wants, will

10 Housing Markets Where Bidding Wars Are Disappearing

January 29, 2023 by Brett Tams

Homebuyer competition is fading fast in these key places across the country.

Posted in: Moving Guide Tagged: 2, 2016, 2021, 2022, 2023, affordability, affordable, agents, All, Arizona, banks, bidding, bidding wars, big, brokerage, business, Buy, buy a home, buyers, Buying, california, Cities, city, Competition, cost, country, couple, data, Economics, Economy, estate, expensive, Fall, fed, Finance, Financial Wize, FinancialWize, Florida, great, Grow, growth, home, home offers, home prices, Home Sales, homebuyer, Homebuyers, homes, house, Housing, housing demand, Housing market, Housing markets, houston, How To, Inflation, interest, interest rate, interest rates, inventory, Las Vegas, lending, list, Listings, Local, market, markets, Miami, mistake, money, More, Mortgage, MORTGAGE RATE, Mortgage Rates, Most Expensive, natural, Nevada, News, offers, orange county, Other, panic, pending home sales, Phoenix, plan, points, porch, president, Purchase, rate, Rates, RE/MAX, Real Estate, real estate brokerage, realtor, Realtors, Redfin, relocation, Rent, rental, rental costs, Rentals, renting, Renting a Home, Research, right, sales, san antonio, san diego, search, Sell, sellers, short-term rentals, southern california, texas, the fed, tips, tv, war, washington, will, workers

Gen Z Home Buying Trends Revealed

January 29, 2023 by Brett Tams

Homie unveiled Gen Z home buying trends in a recent survey. Check out our findings here.

The post Gen Z Home Buying Trends Revealed appeared first on Homie Blog.

Posted in: Real Estate, Roommate Tips, Uncategorized Tagged: 2, 2021, accessibility, affordability, affordable, agent, All, app, Blog, Broker, brokerage, browsing, Buy, buy a home, buyer, buyers, Buying, Buying a Home, Cities, city, commission, company, covid, COVID-19, COVID-19 pandemic, estate, existing, experience, Family, Financial Wize, FinancialWize, First-time Homebuyers, home, home buyers, home buying, Home Price, Homebuyers, homeownership, homes, homes for sale, Homie, inventory, job, jump, lake, Lifestyle, Make, market, millennials, money, More, Move, National Association of Realtors, new, new job, Oklahoma City, Other, pandemic, Phoenix, Purchase, questions, ready, Real Estate, real estate technology, Realtors, relocating, Research, save, savings, searching, Sell, seller, selling, Selling a Home, Studies & Polls, survey, Technology, time, tools, traditional, trends, Uncategorized, will, working, working from home

U.S. pending home sales rise 2.5% in December. Realtors say the housing market is in recovery mode.

January 28, 2023 by Brett Tams

Pending home sales have plunged 33.8% from last December, the National Association of Realtors said.
Posted in: Moving Guide Tagged: 2, 2021, big, Big Picture, buyers, CONTRACT SIGNINGS, driving, existing, expectations, Fall, Federal Reserve, Financial Wize, FinancialWize, Forecast, hold, home, home prices, Home Sales, homes, Housing, Housing market, index, industrial, interest, interest rates, inventory, job, job market, Lawrence Yun, list, low, market, MarketWatch, Midwest, Mortgage, Mortgage Rates, Mortgages, NAR, National Association of Realtors, pending home sales, Pending Home Sales Index, Rates, Realtors, sales, sellers, Spring, story, Style, The Wall Street Journal, the west, trading, Treasury, wall

Home Buying Guide

January 28, 2023 by Brett Tams

How Do You Prepare for the Home-Buying Porcess? Buying‌ ‌a‌ ‌home‌ ‌is‌ ‌a‌ ‌big‌ ‌decision‌ ‌that‌ ‌you‌ ‌need‌ ‌all‌ ‌of‌ ‌the‌ ‌information‌ ‌to‌ ‌make.‌ ‌You‌ ‌ should‌ ‌learn‌ ‌about‌ ‌what‌ ‌house-hunting‌ ‌involves,‌ ‌the‌ ‌home-buying‌ ‌process‌ ‌itself,‌ ‌what‌ ‌ mortgages‌ ‌involve,‌ ‌and‌ ‌more‌ ‌so‌ ‌you‌ ‌can‌ ‌go‌ ‌in‌ ‌prepared‌ ‌to‌ ‌have‌ ‌the‌ ‌best‌ ‌possible‌ ‌ experience.‌

The post Home Buying Guide appeared first on MintLife Blog.

Posted in: Minimalist LIfestyle Tagged: 2, 2021, 2022, advisor, affordability, agent, agents, All, Applications, ask, assets, basic, before, Benefits, big, black, Blog, bonuses, Budget, budget template, budget tools, Budgeting, build, business, Buy, buy a home, buy a house, buyer, buyers, Buying, Buying a Home, Buying a house, buying and selling, Buying Guide, calculator, Calculators, Career, chance, city, clear, closing, closing costs, codes, color, commission, commissions, construction, cost, country, couple, create a budget, Credit, credit history, Credit Reports, credit score, credit scores, data, Debt, Debts, decision, down payment, Down payments, dream, entry, escrow, estate, expenses, experience, Fall, Family, Fees, FHA, finances, Financial Advisor, Financial Goals, Financial Planning, Financial Wize, FinancialWize, financing, first home, first-time buyers, First-time Homebuyers, General, Getting Ready to Buy, goals, good, great, guide, health, helpful, history, home, Home & Refinance, home affordability, home budget template, home buyer, home buying, home buying process, home loan, Home Ownership, Homebuyers, Homeowner, homes, house, Housing, Housing Finances, How To, hunting, Income, Inflation, inspection, Insurance, interest, interest rate, Invest, investment, job, journey, landlords, layout, Learn, lenders, Life, list, Listings, Live, loan, Loans, Luxury, maintenance, Make, making, market, markets, math, millennials, Mint, mint.com, mobile, money, More, Mortgage, mortgage applications, mortgage calculators, mortgage loans, mortgage payments, Mortgages, Move, Moving, NAR, National Association of Realtors, needs, new, new home, offer, offers, Other, ownership, party, payments, Personal, personal information, plan, Planning, planning for a house, pre-approval, private mortgage insurance, proof, property, property taxes, Purchase, questions, rate, ready, Real Estate, real estate agent, Real Estate Agents, realtor, Realtors, renovation, Rent, renting, returns, Review, right, salaries, save, Saving, savings, search, searching, Sell, seller, selling, Spending, Style, survey, tax, tax returns, taxes, The Neighborhood, time, tips, title, title fees, tools, Transaction, update, white, will, work, working, young

Goldman Sachs forecasts home prices to jump 16% in 2022

January 28, 2023 by Brett Tams

The housing market is on fire, with home prices up 20% today compared to one year ago. But if you thought that the market couldn’t get any hotter, and that things might start to cool off soon, think again, as analysts believe there are yet more home price gains in store for 2022. Goldman Sachs […]

The post Goldman Sachs forecasts home prices to jump 16% in 2022 appeared first on RealtyBizNews: Real Estate Marketing & Beyond.

Posted in: Paying Off Debts Tagged: 2021, 2022, 2022 home prices, affordability, affordable, All, author, ben, builders, building, Bureau of Labor Statistics, buyers, Buying, california, city, construction, coronavirus, data, decades, driving, Economics, Employment, estate, Family, Fannie Mae, Featured News, Financial Wize, FinancialWize, fire, Forecast, Forecasts, Goldman Sachs, Goldman Sachs analysts, Goldman Sachs forecast, Goldman sachs prediction, Grow, growth, healthy, home, home building, home buying, Home Price, home price gains, home price increases, home prices, home prices in 2022, Home Sales, homebuilding, homeowners, Housing, Housing inventory, Housing market, industry, interest, interest rates, inventories, inventory, investors, jobs, jump, Lawrence Yun, low, Low inventory, LOWER, Make, market, Marketing, markets, millennials, More, Mortgages, Move, National Association of Realtors, News, Oregon, Other, pandemic, patterns, pending home sales, points, president, pressure, Rates, Real Estate, Real Estate Marketing, Realtors, Regulatory, remote workers, Research, sales, sellers, shortages, single, single-family, states, statistics, surveys, time, title, under, will, workers, zoning
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