The post What Past Recessions Tell Us About the Housing Market appeared first on Weekly Real Estate News.
What Past Recessions Tell Us About the Housing Market
Housing Wire
Pennymac sticks to its strategy as the market continues to shrink
The California-based Pennymac Financial Services executives rightsized the company and invested in its servicing portfolio amid a shrinking market in 2022. Despite their efforts, profits still dropped to $475.5 million last year, down from $1 […]
Housing Bubble
Housing market inventory keeps declining and that’s bad news for homebuyers
We’re revisiting housing inventory today because it’s one of the key sticking points that’s keeping home prices elevated and buyers wary. Jerome Powell said last week that housing activity is bottoming and could be improving already — […]
Housing
The Home Price correction’s latest shift, as told by 6 housing market charts
An updated analysis of Zillow Home Value Index data by Fortune (see chart below), finds that 38% of the nation’s 200 largest housing markets saw a month-over-month home price decline in February. That share has steadily declined over the […]