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,
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
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
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
Act now to get your room for HW Annual Oct. 3-5 in Scottsdale
With just under two months until HW Annual, it is important to make your hotel reservations now to join us in person for this power-packed event. HW Annual will take place from Oct. 3-5 at the Fairmont Princess Resort in
What is a Trellis? How You Can Take Your Garden to New Heights
Whether you own a house in Knoxville, TN, or are renting an apartment in Charlotte, NC, adding a trellis to your garden can support plant growth, spruce up your garden decor, and can be used to create more private outdoor
Opinion: The not-so-surprising resurgence of home equity lending
In recent months, interest rates have risen to their highest level in years as the Federal Reserve has embarked on an aggressive tightening campaign in an effort to fight inflation. Despite rising rates, demand for home equity lines of credit
Housing Market Forecast 2024 & 2025
Here’s what some of the experts predict will happen in the housing market in the next five years. According to Zillow, the current typical value of homes in the United States is $354,165. This value is seasonally adjusted and only
Finance of America eliminates big chunk of workforce as losses mount
Finance of America posted steep losses in the second quarter and has pledged to eliminate a significant percentage of its workforce to contain the financial fallout. As with other lenders seeing huge declines in mortgage origination volume, Finance of America’s
The Top 10 Fastest-Growing Cities in Arizona
Thinking of moving to Arizona? Best known as “The Grand Canyon State,” over 7 million people call this state home. And it’s no surprise with easy access to nature, great weather, and lively cities. If you are considering moving to
Rocket’s earnings plummet, but its liquidity remains solid
During this period of rising rates and general rate volatility, having the cash and credit lines on hand to ride out the rough patches in the market — known as liquidity — can be what separates the winners from the
8 Most Affordable Pittsburgh Suburbs to Live In
Pittsburgh, also known as “the Steel City,” is quickly becoming home for many Pennsylvanians and out-of-staters alike. There are countless things to do in the city, including visiting the Andy Warhol Museum, the Carnegie Science Center, and the Phipps Conservatory