BY MATT CARTER
October 09, 2023
Uncertainty over the Federal Reserve’s next moves is disrupting the housing sector and threatening to send the U.S. economy into a tailspin, three prominent real estate industry trade groups warned in a letter Monday.
The joint letter from the Mortgage Bankers Association ...
August 31, 2023
Artificial intelligence has changed the game, and though AI will never replace the need for professional agents, professional agents who effectively use AI could replace the need for those who don’t. This article shares five tools and strategies agents can utilize right ...
For years, people have set up their home offices in any spare, empty corner of their homes. It might be in a basement, in a guest room or in a corner of a living room. But as remote work continues to trend upward, people will need to shift to ...
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May 14, 2023, 6:02 pm By Logan Mohtashami
The rise of active listings in this spring housing market reminds me of a zombie slowly rising from its grave. Yes, we found the seasonal bottom for housing inventory on April 14, but ...
May 4, 2023, 11:05 am By Dr. Lisa Sturtevant
A paradoxical picture is emerging as the spring market is underway. On the one hand, elevated mortgage rates continue to erode buyers’ purchasing power, and in some markets, home prices are falling. On the other hand, inventory is still low ...
May 3, 2023, 6:00 am By Connie Kim
In March, a modest bump in homebuyer demand, combined with a decline in for-sale inventory, drove up home prices compared to the month prior. While home prices in many Western and pandemic boom markets are still well off their peaks, 40% of ...
What is the best news for mortgage rates long-term? It’s getting more supply of apartments! The best way to fight inflation is always by adding more supply; if your goal is to destroy inflation by killing demand, that is only a ...
January 7, 2023, 2:33 am By Logan Mohtashami
Can we have a soft landing in the economy? Friday’s job report shows there is a clear pathway to get there. Mortgage rates fell aggressively down to 6.20%, putting us at more than 1% below the highs of 2022 ...
December 19, 2022, 10:58 am By Brooklee Han
Homebuilder sentiment dropped yet again in December, hitting its lowest reading since mid-2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020. This drop marks one full year of declines in builder confidence, according to the ...
December 7, 2022, 4:57 pm By Logan Mohtashami
Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? Now, with five weeks of data in front ...