Quotes from the news wire:
Mortgage rates are really critical to the path of the housing market in the year ahead, we are watching to see affordability gradually improve. That should breathe some life back into the market.
Found on CNN 1 year ago
Yes, things have cooled way down in the housing market, but we don’t have a glut of homes for sale, that is the main thing that is buffering us from runaway price declines.
Found on CNN 1 year ago
Inflation expectations themselves play into mortgage rates and it impacts the monetary policy, the Fed wants to wait and see inflation coming down before they take their foot off the brake on raising rates. Growing consensus is to expect another step down in the pace of tightening.
Found on CNN 1 year ago
The big surprise for a lot of people might be that the market has a really boring year, it would be a great change of pace. A plain, boring, vanilla year in the housing market would be a wonderful surprise.
Found on CNN 1 year ago
Seeing prices that are staying flat to 1% or 4% down puts us on the more bullish side for price changes of forecasters out there.
Found on CNN 1 year ago
The spring market will be busier and more competitive, for buyers, while the next two months will be the calm before a more hectic time.
Found on CNN 1 year ago
Owners for whom lower mortgage rates give them permission to sell and move, they will then be buyers.
Found on CNN 1 year ago
Sales volume has taken a much bigger hit than prices, buyers soldiered through those mortgage rate increases longer than we thought -- that kept prices high. But some buyers began to drop out.
Found on CNN 2 years ago
It is likely the pace of price appreciation will peak some time this quarter, either in April, May or June, that will be the high water mark for annual pace of appreciation, then it will decelerate.
Found on CNN 2 years ago
Sellers don't seem to be particularly incentivized by these higher prices, or even about how April and May is the best time to list the house for a quick sale that gets a high price premium.
Found on CNN 2 years ago
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