prices - Real Estate Investor Pulse

Economist who called 2008 housing crash predicts another 15% drop in home prices

February 7, 2023 Mariel Alumit Comments Off

The post Economist who called 2008 housing crash predicts another 15% drop in home prices appeared first on Weekly Real Estate News.

Fannie Mae chief economist sees house prices falling in 2023 and 2024 — here are the warning signs that prices will drop in your city

February 1, 2023 Allen Santos Comments Off

The post Fannie Mae chief economist sees house prices falling in 2023 and 2024 — here are the warning signs that prices will drop in your city appeared first on Weekly Real Estate News.

Home Prices Are Slightly Lower, But Far From Plumetting

January 31, 2023 Mariel Alumit Comments Off

As rates spiked and sales contracted at the fastest pace in decades last year, we knew the post-pandemic surge in home prices was set to reverse. By the middle of 2022, the average forecast saw […]

National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed

January 31, 2023 Mariel Alumit Comments Off

The post National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed appeared first on Weekly Real Estate News.

North Carolina city ranked 2nd in US for biggest increases in housing prices

January 28, 2023 Allen Santos Comments Off

The post North Carolina city ranked 2nd in US for biggest increases in housing prices appeared first on Weekly Real Estate News.

Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On?

January 26, 2023 Allen Santos Comments Off

The post Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On? appeared first on Weekly Real Estate News.

Home prices will drop to 2008-levels in these four cities: Goldman Sachs

January 26, 2023 Allen Santos Comments Off

Goldman Sachs’ latest home price predictions could be cause for concern. The multinational investment bank and financial services company says home prices, which have been on the decline since June 2022, will fall further this […]

What’s Really Happening with Home Prices?

January 24, 2023 Mark Paul Cervantes Comments Off

Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are […]

Home-sale prices have slumped 10% in San Francisco over the past year, Redfin says. But it’s not the only city where real-estate values are falling.

January 23, 2023 Mark Paul Cervantes Comments Off

Sellers now appear to be setting their listing prices less ambitiously, if they’re listing at all, in response to waning buyer demand — even in San Francisco. Even as mortgage rates come off of recent […]

Home Sale Prices Increase Incrementally with Lower Mortgage Rates, Redfin Reports

January 23, 2023 Mariel Alumit Comments Off

The post Home Sale Prices Increase Incrementally with Lower Mortgage Rates, Redfin Reports appeared first on Weekly Real Estate News.

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

February 25, 2024 Comments Off

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 […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

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 data sends mortgage rates higher

February 3, 2024 Comments Off

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 […]