2022 Related Topics 
Housing Wire
AUGUST 13, 2024
Refinance activity last week hit its highest level since August 2022, when mortgage rates were closer to 5%. But it’s far too early to celebrate. Refinance activity received a major boost last week as mortgage rates declined on the back of expectations that the Federal Reserve will cut interest rates and a possible recession looms.
Housing Wire
SEPTEMBER 25, 2024
The 11% increase in the MBA’s overall applications index — boosting the index to its highest point since July 2022 — was fueled primarily by refinances , which rose 20% from the prior week and are now 175% higher compared to the same week in 2023. Purchase loan applications saw more modest increases of 0.4%
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Appraisal Buzz
NOVEMBER 6, 2024
An Update ,” provides updates to a 2022 study that examines overall housing supply in the U.S. According to the RIHA study , as of 2022, Boomer homeowners numbered 32 million, and represented nearly 41% of all homeowners in the United States. After 65, homeownership rates are higher in 2022 relative to 2015.
Housing Wire
SEPTEMBER 28, 2024
2024: 362,620 2023: 340,526 2022: 380,823 Purchase application data Even as mortgage rates ticked up just a smidge this week, the winning streak of consecutive positive purchase apps continues with five weeks of gains. We also had our first positive year-over-year print since 2022. Weekly inventory change (Sept.
Housing Wire
JULY 27, 2024
The last time we saw that kind of growth was one week in 2022, when new listings came in at 90,000. The last thing I want to see is a repeat of the second half of 2022 when we saw new listings data take a noticeable seasonal decline. have higher inventory than the national data.
Housing Wire
SEPTEMBER 22, 2024
At the same time, we are far from average with the spreads, as we are still 0.85% higher today than the low levels of 2022 in the chart below. The slight decline year over year is the smallest decline since 2022. The price cut percentage data is below 2022 levels and risks an earlier seasonal curve lower than 2022 and 2023.
Housing Wire
NOVEMBER 5, 2024
But in 2022, the share of homes bought in rural areas (19%) and small towns (29%) jumped considerably. These purchases came primarily at the expense of the suburbs, where the share of home purchases dropped from a consistent 50% level prior to the pandemic to 39% in 2022. Urban areas also took a hit, falling from 13% to 10%.
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