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News Ticker
  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
  • [ December 20, 2024 ] D.R. Horton to Launch New Master-Planned Community in Utah Weely Real Estate News
  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
  • [ December 20, 2024 ] Alabama Home Sales Up, Reversing Three-Month Decline Weely Real Estate News
  • [ December 20, 2024 ] New York State Housing Inventory at 8-Month Low Weely Real Estate News
HomeHousing Market

Housing Market

housing market
Weely Real Estate News

What a housing market correction could mean

November 19, 2022 Stu Turley Comments Off on What a housing market correction could mean

Source: The Hill —  The U.S. housing market could be heading toward a correction after more than two years of massive price growth that has more recently been offset by the Federal Reserve’s attempt to […]

Housing Market
Weely Real Estate News

Housing Market Predictions For The Next 5 Years. What Return Can You Expect?

November 19, 2022 Stu Turley Comments Off on Housing Market Predictions For The Next 5 Years. What Return Can You Expect?

Source: Forbes —  Key takeaways The housing market is a hot topic right now, and after experiencing rapid growth over the pandemic years it looks to now be slowing down. Experts are expecting real estate […]

No Picture
Weely Real Estate News

As the Housing Market Weakens… So Does the Economy?

October 27, 2022 Mariel Alumit Comments Off on As the Housing Market Weakens… So Does the Economy?

Email Source: Advisor Perspectives —  With mortgage rates more than doubling from ~3% to over 7% today the difference in cost between buying a home twelve months ago compared to today is very big. Not […]

Housing market
Weely Real Estate News

Housing market: Existing home sales indicate the beginning of a correction

October 27, 2022 Mariel Alumit Comments Off on Housing market: Existing home sales indicate the beginning of a correction

Source: Yahoo Finance —  BRIAN SOZZI: All right, from record home prices to record mortgage rates, 2022 has been a wild ride for the now ice-cold housing market. But could this pain be good for prospective […]

Weely Real Estate News

Housing market becomes more balanced as falling home sales lead to higher inventory

October 20, 2022 Allen Santos Comments Off on Housing market becomes more balanced as falling home sales lead to higher inventory

  Source: Seeking Alpha —  The U.S. housing market is “making steady progress toward balance,” said Re/Max President and CEO Nick Bailey, as September’s slump in home sales led to a rebound in inventory. With soaring […]

Weely Real Estate News

Sell Your Home or Rent It Out? The Best Advice in Current Housing Market

October 20, 2022 Allen Santos Comments Off on Sell Your Home or Rent It Out? The Best Advice in Current Housing Market

  Source: Newsweek —  There are many reasons why you might be looking to sell your home—upgrading from your first property, moving across the country, or simply starting afresh. However, with mortgage rates rising across the […]

Weely Real Estate News

Seven Charts Highlight the Strangeness of the Housing Market

October 17, 2022 Stu Turley Comments Off on Seven Charts Highlight the Strangeness of the Housing Market

Source: Planetizen —  Reporting for Bloomberg, Tracy Alloway and Joe Weisenthal examine the weirdness in today’s unprecedented housing market. “Yes, mortgage rates have shot up, crimping affordability. But at the same time, unlike in the […]

Housing Wire

How to optimize deal flow in today’s housing market

October 8, 2022 Allen Santos Comments Off on How to optimize deal flow in today’s housing market

With mortgage rates on the rise, mortgage professionals have been dealing with their fair share of challenges this year. HousingWire recently spoke with Charles J. Williams IV, founder and CEO of Percy.ai, about what housing […]

Mortgage Rates.
Weely Real Estate News

With Mortgage Rates Soaring, the Housing Market Takes Another Hit

September 30, 2022 Mariel Alumit Comments Off on With Mortgage Rates Soaring, the Housing Market Takes Another Hit

  Source: The New York Times —  As the average 30-year mortgage rate eclipses 7 percent, home buyers and sellers are confronting sticker shock. The interest rate for the most common home loan in the […]

John Paulson
Weely Real Estate News

John Paulson on Frothy US Housing Market: This Time Is Different

September 30, 2022 Mariel Alumit Comments Off on John Paulson on Frothy US Housing Market: This Time Is Different

  Source: Yahoo —  John Paulson became a billionaire after his hedge fund effectively shorted more than $25 billion of mortgage securities at the dawn of the global financial crisis. As he sizes up yet […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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