Housing Wire
MARCH 19, 2025
They accounted for 23% of improvement expenditures, up from 14% in 2003. Immigrant homeowners also account for a growing share of the market, up from 8% of expenditures in 2003 to 13% in 2023. JCHS found that in 2023, homeowners ages 65 and older contributed 27% of total improvement outlays, up from 14% in 2003.
Housing Wire
JANUARY 15, 2025
The resulting housing market crash and the Great Recession led policymakers to overcorrect by tightening mortgage lending standards and limiting funds for new construction. The study claims that the crisis can be traced back to the early 2000s when subprime lending activities were prevalent.
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Housing Wire
SEPTEMBER 23, 2020
According to Mike Fratantoni, chief economist and vice president of research and technology at MBA, 2003 was the last time refinance activity was as high as the $1.75 The post Housing market stays hot into fall with mortgage applications up 6.8% of total applications from 62.8% the week prior. appeared first on HousingWire.
Housing Wire
JANUARY 6, 2025
While recent housing market reports and trends have shown that older homeowners are unwilling to sell their homes for a variety of reasons, one of them may be the expected requirement to pay capital gains taxes stemming from the post-pandemic explosion of home-price appreciation, according to a report from Business Insider.
Appraisal Buzz
NOVEMBER 4, 2024
housing market is split into two groups: first-time buyers struggling to enter the market and current homeowners buying with cash,” said Jessica Lautz, NAR Deputy Chief Economist and VP of Research. Housing Markets The median household income for the average homebuyer increased from $107,000 in 2022 to $108,800 in 2023.
Housing Wire
NOVEMBER 17, 2020
The housing market has seen a meaningful rebound since the onset of the pandemic,” said Mike Fratantoni, MBA chief economist. trillion in mortgage originations – the highest since 2003 and a 50% increase from 2019. . MBA is forecasting a rise in purchase originations to $1.59 For 2020, the MBA is estimating $3.9
Housing Wire
AUGUST 11, 2020
I already hear murmurs from the fear-mongering housing bears that once the forbearance plans expire, we can expect to see a collapse of the housing market in America like we haven’t seen since the bubble years. The post Here’s why we won’t see a housing crisis after COVID-19 appeared first on HousingWire.
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