August 2022 Monthly Housing Market Trends Report
The national inventory of active listings increased by 26.6% over last year. The total inventory of unsold homes, including pending listings, increased by just 1.3% year-over-year due to a decline in pending inventory (-21.9%). Selling sentiment declined and listing activity followed, with newly l
Buyers Are Regaining Some of Their Negotiation Power
If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be
Mortgage App Volume Declines, But Jobs Data Offers Silver Lining
The Mortgage Bankers Association (MBA)says the pace of mortgage applications slowed fora fourth consecutive time during the week ended September 2. MBA’sseasonally adjustedMarket Composite Index, a measure of application volume, decreased 0.8 percent headinginto the long Labor Day holiday weekend. O
Expert Forecasts on Mortgage Rates %
Expert Forecasts on Mortgage Rates If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your
How Owning a Home Builds Your Net Worth
How Owning a Home Builds Your Net Worth Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wea
A Trusted Real Estate Advisor Provides Expert Advice
A Trusted Real Estate Advisor Provides Expert Advice If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more
Why You May Want To Start Your Home Search Today
Why You May Want To Start Your Home Search Today If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers
3 Tips for Buying a Home Today
3 Tips for Buying a Home Today If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But it
Experts Increase 2022 Home Price Projections
Experts Increase 2022 Home Price Projections If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but
Why Experts Say the Housing Market Won't Crash
Caption Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means
Shifting Market a Challenge or an Opportunity for Homebuyers
Is the Shifting Market a Challenge or an Opportunity for Homebuyers? If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the wi
Why It’s Still a Sellers’ Market
Why It’s Still a Sellers’ Market As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, you should know the market is still
Big Data Week Brings Chance to Confirm Recent Shift
96 Ryan Skove has shared this article with you. View | Download UMBS 4.0 100.84 +0.30 10YR TREASURY 2.577 -0.081 MBS COMMENTARY: THE DAY AHEAD: THE WEEK AHEAD: MBS RECAP: ALERT: UPDATE: MBS HUDDLE: Big Data Week Brings Chance to Confirm Recent Shift After several attempts to bre
What’s Causing Ongoing Home Price Appreciation?
What’s Causing Ongoing Home Price Appreciation? If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate due to the shifting market, ongoing appreciation is expected. That means home
Think Home Prices Are Going To Fall? Think Again
Think Home Prices Are Going To Fall? Think Again Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t
Record-Setting Drop in Builder Confidence in July
This site requires javascript to function properly. Record-Setting Drop in Builder Confidence in July The National Association of Homebuilders (NAHB) released it's Housing Market Index (HMI) for July this morning. This measure of builder confidence fell to 55 from last month's 67, well short of th
The Drop in Mortgage Rates Brings Good News for Homebuyers
The Drop in Mortgage Rates Brings Good News for Homebuyers Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers acr
Rates Plummet to 3 Week Lows. Has The Corner Been Turned?
96 Ryan Skove has shared this article with you. View | Download 30YR Fixed 5.50% -0.20% 15YR Fixed 4.85% -0.15% Rates Plummet to 3 Week Lows. Has The Corner Been Turned? Mortgage rates have been volatile in 2022. Most of that volatility has played out in the form of higher rates. The p
Two Reasons Why Today’s Housing Market Isn’t a Bubble
Two Reasons Why Today’s Housing Market Isn’t a Bubble You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing

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