When the market emerges from this down period, savvy broker-owners will remain judicious with expenses, three top executives said at Inman Connect New York on…
Posts published in “home sales”
With a recession looking increasingly likely, Fannie Mae economists expect national home prices to fall 6.7 percent over the next two years. Source: Inman News
The market isn’t done falling but could soon stabilize, according to a survey of real estate executives and economists conducted by Point. Source: Inman News
Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won’t change much while mortgage interest rates…
Home sales posted their biggest annual decline since Redfin started tracking the metric in 2012, according to data released Thursday. Source: Inman News
It’s a slow time of year for homebuying, so it’s not surprising to Mortgage Bankers Association Chief Economist Mike Fratantoni that purchase applications didn’t jump…
Fannie Mae economists are not quite as gloomy about the 2023 home sales outlook as mortgage rates retreat from 2022 highs, with more room to…
During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will “stabilize” in 2023, setting the stage for an increase…
Sales expected to drop to lowest level since 2008, and the growing lock-in effect — the financial disincentive to sell — “will remain in a…
Lawrence Yun said home prices will rise 1 percent and sales will dip 7 percent next year before recovering in 2024, in contrast to a…