Remove 2010 Remove Home Value Remove Inventory
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Homeowners gain $8.2 trillion in housing wealth over 10 years

Housing Wire

From 2010 to 2020, middle-income households gained $2.1 NAR’s Housing Wealth Gains for the Rising Middle-Class Markets study examined the distribution of housing wealth between 2010 and 2020 across income groups in 917 metropolitan and micropolitan areas. in 2010. .” in 2010 to 29.8% In 2020, just 27.7%

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Despite Inventory Rise, Home Buyers Remain Cautious

Empire Appraisal Group

Despite Inventory Rise, Home Buyers Remain Cautious Source: [link] More listings are coming to the real estate market, but home sales continue to be sluggish. There are more inventory choices for consumers, lower mortgage rates than a year ago and continued job additions to the economy. Home Sales Report.

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Could online mortgage lenders reduce discrimination against Black homebuyers?

Housing Wire

The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Redfin , the popular real estate website, reports that nearly 40% of homes in the past month have sold above asking price. The housing market is red hot. Justice Department charges of fair-lending violations.

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Rich men, poor men, and the infinite housing crisis

Housing Wire

In the game of housing crisis Rochambeau, we play with income, inventory, and policy. Inventory cannot beat inadequate incomes, but better compensation policies can. Drawing on these trends as guides, it becomes evident that new inventory would be impotent in the crisis, slipping into the same unyielding snare of income inequality.

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3 misconceptions about using AVMs in home equity lending

Housing Wire

Between lack of inventory, record high prices, rising interest rates and significant affordability issues, challenges for the purchase and refi markets are leading to a time of opportunity for home equity lending. Misconception #2: AVMs are not an accurate way to gauge home value. Luckily, much has changed since then.

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A closer look at housing markets across the country

Housing Wire

“People fear if they sell their home, they won’t be able to find something and get into a bidding war.” By the numbers, Springfield is dealing with a similar high-demand, low-inventory quandary as the rest of the country, though with lower prices. Still, Augusta home prices are not immune to national trends. Peoria, Illinois. “If

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8 Experts: Sky-High Housing Prices Won’t Fall

Empire Appraisal Group

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. But … home price growth will decelerate in the coming year, experts predict. years in 2010, and 6.4 Not over-leveraged.