Remove 2000 Remove Housing Market Remove Marketing
article thumbnail

FHFA Launches New Housing Market Data Resources

Appraisal Buzz

Each tracks quarterly price trends across the country since 2000 based on individual home repeat sales. FHFA’s new data resource on manufactured homes provides relevant, up-to-date information on an important but less-understood segment of the housing market,” said FHFA Director Sandra L. Thompson. “In

article thumbnail

Mortgage rates surge to highest level since 2000

Housing Wire

Just before noon on Thursday, they were Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.31% as of Sept. Additionally, the yield on 10-year treasuries shot up to 4.6% on September 27 from 4.3% a week prior.

Mortgage 471
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Homeowners Have Zero Incentive to Upsize in This Current Housing Market  

Appraisal Buzz

Compare this to 2000-2022, when upgrading to a 25% more expensive home would have required the average homeowner to increase their principal and interest payment by only 40%, or about $400 per month, according to the report.

article thumbnail

House flipping hits lowest level since 2000

Housing Wire

of all home sales in the first quarter of 2021 were flips — or one in 37 transactions, the lowest level since 2000. Regionally, house flipping was down in 70 percent of U.S. How fix’n’flip loans could help expand housing inventory. The post House flipping hits lowest level since 2000 appeared first on HousingWire.

Investors 501
article thumbnail

Lower mortgage rates are stabilizing the housing market

Housing Wire

Now, with five weeks of data in front of us, we can say they have stabilized the market. This time the hit on demand is much more challenging as we are working from a savagely unhealthy rise in home prices since 2000, and mortgage rates have skyrocketed in the most prominent fashion in modern history.

article thumbnail

Comparing this housing market recession to 2008

Housing Wire

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. A few months ago, I was asked to go on CNBC and talk about why I call this a housing recession and why this year reminds me a lot of 2018, but much worse on the four items above.

article thumbnail

You can’t buy what’s not for sale in the housing market

Housing Wire

The housing market functions differently than other markets because it can be characterized as a heterogeneous, thinly traded, illiquid market. In other words, it’s a diverse market with a wide variety of different homes of varying ages and levels of repair, and sales happen very rarely. The result is fewer sales.