Housing Wire
DECEMBER 7, 2024
Last week, we witnessed a Santa Claus rally in mortgage rates alongside improved housing demand. The economy continues to create jobs, with wages growing at an annual rate of 4%. We also see growth in our pending contract data compared to 2022 and 2023. Additionally, the purchase application data delivered another pleasant surprise with positive results.
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Housing Wire
DECEMBER 7, 2024
Rapid changes in mortgage rates have left many would-be homebuyers asking: Is now a good time to buy? Will prices go up or down? Will mortgage rates and affordability improve or get worse? There is no perfect time to buy, of course. But there are specific factors homebuyers should weigh as they determine their timing. Patricia Maguire-Feltch, managing director of consumer origination sales at Chase Home Lending, says that realistic evaluation is key when making the big step to buy.
Inman
DECEMBER 7, 2024
How does Compass' big acquisition of @properties | Christie's International Real Estate change the real estate landscape and the way you do business?
Housing Wire
DECEMBER 7, 2024
Many older Americans say they have no plans to sell their homes. What does this mean for younger generations who are looking to enter the homeownership phase of life? (Image generated by AI in Midjourney) There are two particular ways for people to interpret the phrase silver tsunami in the context of an aging population’s impact on housing. The first is related to the demographic trends playing out across the U.S., in which older people are on track to overtake children as the largest age
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Housing Wire
DECEMBER 7, 2024
In the newest episode of the HousingWire Daily podcast, Editor in Chief Sarah Wheeler sits down with author and investment banker Chris Whalen to explore the potential pitfalls of ending the federal conservatorships of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. This interview has been edited for length and clarity. To start the conversation, Wheeler and Whalen immediately dive into the possibility of the Trump administration bringing the GSEs out of conservatorship.
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