Home prices have continued to rise despite rising mortgage rates and housing supply. The figures reflect a robust, expensive housing market. In this blog, we provide housing market predictions for 2022 and 2023. Additionally, we’ll provide an answer to a
Better.com extends deadline to go public via SPAC
Digital mortgage lender Better.com and blank-check firm Aurora Acquisition Corp. extended the deadline to conclude their merger agreement, but the companies have already started to discuss options in case the deal fails. In May 2021, Novator Capital-sponsored special purpose acquisition company Aurora announced plans to
Jury convicts San Francisco real estate investor for defrauding Quicken Loans
A San Francisco real estate investor with political ties was found guilty of bank fraud and making false statements to Quicken Loans as part of a larger federal investigation targeting public corruption in the city. A federal jury convicted Victor
Opinion: Taming inflation requires making housing affordability a national priority
Inflation slowed more than expected in July, the result of a dip in gas and energy prices. But soaring housing costs continue to weigh heavily on family budgets. Rents and home purchase prices are up – 17% and 20% respectively – from
Eugene F. Pridgett III, owner of CENTURY 21 The Gene Group in Dayton, Ohio, has a long list of roles he’s played: Air Force veteran, stockbroker, software engineer, real estate broker, business owner, husband. Now he can add another –
Raleigh Real Estate Market 2022: Prices, Trends & Forecast
If you are looking to invest in Raleigh real estate, you must read till the end. Raleigh, North Carolina is a southeastern city often overshadowed by the larger Charlotte market. Raleigh’s housing market is already scorching, with prices at record
Phoenix Real Estate Market 2022: Price Forecast & Trends
Phoenix has been one of the hottest real estate markets in the U.S. The Greater Phoenix housing market is extremely strong this year. It is a metropolitan area, centered in the city of Phoenix, which includes much of the central
Is it a Good Time to Buy a House or Should Wait Until 2023-2024
Should I Buy a House Now? Check out the latest housing trends if you’re unsure whether it is a good time to buy a house or if should you wait until 2023. It’s becoming harder to buy a house as
Where Are Housing Prices Falling in 2022?
Housing Markets Where Prices Are Falling 2022 Redfin revealed its “risk score” on Friday, which identifies the home markets that are most vulnerable to a “housing slump.” The greater a market’s “risk score,” the more likely it is that house
Sixth recession red flag raised, despite strong jobs report
What a crazy day for my economic model! On the same day, the Bureau of Labor Statistics (BLS) revealed that we’ve recovered all the jobs lost to COVID-19 and I am raising my sixth recession red flag. When I wrote
Will Home Prices Drop in 2023: Housing Market Forecast 2023
Housing Market Predictions 2023 Show that Prices Will Go Up Will house prices go down in 2023? Depending on who you ask, the forecast for 2023 is mixed. Experts in the housing industry predict fewer buyer demand and lower prices,
The Top 10 Fastest-Growing Cities in Tennessee
Thinking of moving to Tennessee? Well, you aren’t alone. Best known for country music, Graceland, Elvis, fried catfish, and delicious barbecue, Tennessee is home to nearly 7 million residents. But where exactly are people in Tennessee moving to? We’re here
Why is now the time for lenders to modernize their appraisal processes
With tech solutions and automation dominating more and more of the mortgage experience, the appraisal process can feel a bit dated, often causing significant slowdowns. HousingWire recently spoke with Erin Reed, vice president of originations, valuations and operations at ServiceLink
Florida Real Estate Forecast Next 5 Years: Will it Boom?
In the wake of the coronavirus outbreak, out-of-state residents have flocked to the Sunshine State in quest of larger homes, more outdoor activities, and a higher quality of life. Population growth has resulted in a red-hot Florida residential real estate
The Top 10 Fastest-Growing Cities in Washington State
Washington State, also known as “The Evergreen State,” is home to around 7.5 million people. This is no surprise as the state has incredible access to the outdoors, four-season weather, and a vibrant arts and entertainment scene. If you’re considering
Banking agencies get deluge of feedback on CRA proposal
Stakeholders on all sides of the issues sounded off on the proposed changes to the federal redlining statute in comments to the banking agencies marshaling the changes. Some of the nearly 360 comments came in late on Thursday, a day
Guild still eyeing acquisitions as profits falter in Q2 2022
Guild Mortgage’s second-quarter earnings suggest that a high share of purchase loans won’t necessarily be enough to protect lenders from the most challenging and volatile mortgage market in years. They’ll have to cut costs and grab opportunities as they emerge. The
US employment back at pre-pandemic level
Amid fears and talk of a recession, job growth in the U.S. remained strong in July, with nonfarm payroll employment rising by 528,000 jobs from the month prior, according to data released Friday by the Bureau of Labor Statistics. After
Will You Need a Cosigner For Your Apartment? How it Works and What to Expect
Whether you’ve had difficulty qualifying for an apartment in the past or you’re a first-time renter, adding a cosigner to your rental application can be the addition you need to score your new apartment. With competitive rental markets all over
Mortgage Interest Rates Forecast 2022 & 2023: Up or Down?
Mortgage rates have risen since the start of 2022, reflecting investors’ concerns that the economy is heating up and that the Fed will cool it down and reign in inflation. U.S. Treasury bond rates, which mortgage rates follow, encountered two
What is a Kitchenette? A Little Kitchen With Big Potential
You might have spotted a kitchenette advertised last time you looked for an apartment, rental home, or even hotel room. A kitchenette may imply a small kitchen, but size isn’t the only thing that sets it apart from a full-sized
Sacramento Real Estate Market: Prices | Trends | Forecast 2022
Housing Market Sacramento for June 2022 The Sacramento housing market report for June has been updated in this article. Realtors in Sacramento predict that home prices will continue to rise this year. Nearly 11.0 percent combined sales and price increase
Explore like a Charlottean: Locals Share The Most Unique Things To Do in Charlotte
If you’re living in Charlotte, you’re no stranger that this city is full of colorful history, culture, and mouth-watering eats. The Queen City is a mix of traditional and eclectic, perfect for any future residents who want to put down
California Housing Market Forecast 2022: Will Prices Drop?
How Is The Housing Market In California Right Now? Home prices in the California housing market increased year-over-year in June. At the same time, the number of homes sold fell 23.6% and the number of homes for sale rose as