https://blog.firstam.com/economics/uncertain-mortgage-rate-outlook-clouds-affordability-heading-into-2025
#RealEstate #Mortgage #FirstAmerican
So, Where Does the Existing-Home Market Go from Here?
First American - October 17, 2024
“For the housing market to regain momentum, it will take both a significant increase in the number of homes on the market and continued affordability improvements.”
Did Falling Mortgage Rates Prevent a Housing Recession?
First American - September 12, 2024
“While the housing market flirted with a recession in May and June, it didn’t fully commit, and July is already showing signs of a comeback.”
https://blog.firstam.com/economics/did-falling-mortgage-rates-prevent-a-housing-recession
The Tale of Two Markets Continues…For Now
First American - July 19
“Even with more existing-home inventory on the market than last year, today’s potential home buyers face one of the least affordable markets in history due to record-high and still-rising home prices and elevated mortgage rates.”
https://blog.firstam.com/economics/the-tale-of-two-markets-continues-for-now
The Tale of Two Markets Continues…For Now
First American - July 19, 2024
“Even with more existing-home inventory on the market than last year, today’s potential home buyers face one of the least affordable markets in history due to record-high and still-rising home prices and elevated mortgage rates.”
https://blog.firstam.com/economics/the-tale-of-two-markets-continues-for-now
Measuring the Foreclosure Risk in Commercial Real Estate Assets
First American - March 18
“Illiquidity and insolvency present different challenges for operators. Each ‘trigger’ is necessary, but insufficient on its own to force foreclosure and it’s worth bearing this distinction in mind.”
#RealEstate #CRE #Multifamily #FirstAmerican
@realestate
@REfeeds
Home Affordability in 2023 Tanked to Lowest Level in 40 Years
Yahoo Finance - January 4, 2024
“The plunge in affordability was due in part to the shortage of listings, which fell 21% in 2023 — but also resulted from elevated home prices and climbing mortgage rates.”
#RealEstate #Redfin #YahooFinance #FirstAmerican
@[email protected] @realestate
@odetak
Where Will the Housing Market Settle in 2024? 5 Experts Make Bold Prediction
Yahoo Finance - January 5, 2024
“While single-family housing starts have steadily increased throughout 2023, it will take years of accelerated new home construction to narrow the supply shortage gap from more than a decade of underbuilding.”
https://finance.yahoo.com/news/where-housing-market-settle-2024-140059022.html
#RealEstate #Mortgage #YahooFinance #FreddieMac #FirstAmerican #Redfin
@[email protected] @realestate
@odetak