Existing home sales will drop to 4.78 million in 2023, NAR predicts
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.
Realtors
Pending home sales rise to cap otherwise disappointing year
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…]
Dave Stevens on understanding this housing market
Dave Stevens discusses the psychology of this housing market and five things loan originators need to remember if they want to succeed now.
Long-term mortgage rate hits lowest level in 4 months – Fort Worth Business Press
Long-term mortgage rate hits lowest level in 4 months Fort Worth Business Press
This little-known metric tells you how a mortgage-rate move impacts … – Morningstar
This little-known metric tells you how a mortgage-rate move impacts … Morningstar
10 Housing Markets Where Bidding Wars Are Disappearing
Homebuyer competition is fading fast in these key places across the country.
Gen Z Home Buying Trends Revealed
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.
U.S. pending home sales rise 2.5% in December. Realtors say the housing market is in recovery mode.
Pending home sales have plunged 33.8% from last December, the National Association of Realtors said.
Home Buying Guide
How Do You Prepare for the Home-Buying Porcess? Buyingâ âaâ âhomeâ âisâ âaâ âbigâ âdecisionâ âthatâ âyouâ âneedâ âallâ âofâ âtheâ âinformationâ âtoâ âmake.â âYouâ â shouldâ âlearnâ âaboutâ âwhatâ âhouse-huntingâ âinvolves,â âtheâ âhome-buyingâ âprocessâ âitself,â âwhatâ â mortgagesâ âinvolve,â âandâ âmoreâ âsoâ âyouâ âcanâ âgoâ âinâ âpreparedâ âtoâ âhaveâ âtheâ âbestâ âpossibleâ â experience.â
The post Home Buying Guide appeared first on MintLife Blog.
Goldman Sachs forecasts home prices to jump 16% in 2022
The housing market is on fire, with home prices up 20% today compared to one year ago. But if you thought that the market couldnât 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.