Tag results for: housing market
Interactive map: The home price correction (or lack of correction) in America’s 400 largest housing markets
Across the country, mortgage brokers and builders are scrambling as millions of potential buyers sit on the sidelines after last year’s historic mortgage rate shock. The numbers aren’t...
We’re in the second biggest home price correction of the post-WWII era—here’s the latest data
Speaking to reporters in September, Fed Chair Jerome Powell made it clear that going forward the U.S. housing market would get “reset” by a “difficult correction.”
“Houses were going...
Where are home prices in America’s 400 largest housing market headed in 2023? These 5 charts give us some clues
While it’s pretty clear that pressurized housing affordability has triggered some deflation in the U.S. housing market, industry insiders remain divided on what the ongoing home price correction...
Intensified housing market correction has homebuilders offering sweetheart deals to Wall Street
Homebuilders have a housing downturn playbook that’s proven to be effective time and again. They start by offering incentives like mortgage rate buydowns. If that doesn’t work, then...
A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going
Back in the early 2000s, short-sighted lenders gave out loans (or better put, subprime mortgages) to homebuyers who historically wouldn’t have qualified. As buyers tapped into that credit,...
