A Lack of Inventory Continues to Impact the Housing Market. – The market will continue to strengthen in 2019. However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory! Buyer demand naturally increases during the summer months, but supply has not kept up. Here are the thoughts of a few industry experts on the subject:
Primed for Trouble: Pace of Mortgage Distress Shifts to Prime Borrowers More than 28% of US homeowners underwater on their mortgage Housing recovery momentum continues to build MGIC: Primary new mortgage insurance continues to drop Mortgage guaranty insurance corporation "MGIC" (www.mgic.com), the principal subsidiary of mgic investment corporation, serves lenders throughout the United States, Puerto Rico, and other.Number of underwater homeowners grows: CoreLogic Dallas-area home foreclosures down almost 30 percent in. – Dallas-area home foreclosures have fallen by almost 30 percent during the last year, according to a new report by CoreLogic Inc. During the 12-month period ending with July, researchers at.Housing starts point to growing economic momentum – The housing data was just the latest to suggest the economy has built a fair bit of momentum in the first quarter. provide stronger support this year. “Home building continues to recover and add to.says 28 percent of all mortgage holders still owed more than their home is worth by year’s end. The homeowners are collectively upside-down by about $7.76 billion, according to Thursday’s report.Mortgage Bankers Association adds 11 new members in March MBA: New home purchase mortgage apps rise 5% Mortgage applications fell 7.3% last week, according to the Mortgage bankers association (mba). Applications to buy. Fratantoni added. More: US new-home sales rose to a 16-month high, climbing 4.5%.WASHINGTON, D.C. (April 9, 2019) – The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for march 2019 shows mortgage applications for new home purchases increased 7 percent compared to a year ago. Compared to February 2019, applications increased by 19 percent. This change does not include any adjustment for typical seasonal patterns.a aa aaa aaaa aaacn aaah aaai aaas aab aabb aac aacc aace aachen aacom aacs aacsb aad aadvantage aae aaf aafp aag aah aai aaj aal aalborg aalib aaliyah aall aalto aam.Ally to reduce mortgage principal in Michigan Who Qualifies for the $26 Billion Foreclosure Settlement? – But the deal does mean that, for the first time. I want a principal reduction? It’s not yet clear who will qualify for principal deductions, but homeowners will have to be at “imminent risk” of.
U.S. Home Prices Continue Upward Trajectory – Inventory remains limited at the entry-level, where much of housing’s demand is concentrated. This mismatch is a prime driver of the weaker sales we’ve seen so far in 2019."
DFW’s new home market up 81 percent in past three years – The job growth here is phenomenal and that’s the most important market driver. buyers options. Right now, there’s a 2.4-month housing supply of inventory and Wilson says the existing housing market.
Mortgage Bankers Association adds 11 new members in March Applications for financing new home purchases were up significantly in March. The Mortgage Bankers Association (MBA) reports that Builder Application Survey (BAS) data for the month shows a 7.
Borrowing, not borrowers, forcing housing market slowdown – Experts have made it clear there is a major factor forcing housing. in inventory, fresh’ stock being added to the market was down 19 per cent relative to last year, highlighting that vendor.
10 Trends Driving the Housing Market Now | The Fiscal Times – · You’re less likely to compete with all-cash buyers. Cash sales peaked in January 2011, when they made up nearly 47 percent of the market, and they’ve been trending lower since then. CoreLogic projects that cash purchases will fall to 25 percent of sales – their historic average – by the middle of next year.
Tight supply, rising prices undercut on U.S. home sales – Reuters – Tight supply, rising prices undercut on U.S. home sales. That was also the lowest inventory for January on record. Supply has declined for 32 straight months on a year-on-year basis. At January’s sales pace, it would take 3.4 months to exhaust the current inventory, up from 3.2 months in December.
Strong housing market helps reduce lingering foreclosure inventory The Lingering Impact of Harvey on Houston’s Housing Market in Daily Dose , Featured , Market Studies , News June 6, 2018 1,859 Views The houston housing market was a mixed bag in 2017.
Why it might be harder to sell your home in 2019 – Due to a slight expansion in housing inventories and falling demand, it may be harder for consumers to sell their homes this year. Why it might be harder to sell your home in 2019
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Two Trends Boost Home-Buyer Demand As Spring Home-Buying. – Ongoing supply shortages remain the main driver of the performance gap as the housing market continues to face an inventory impasse – you can’t buy what’s not for sale. However, an unexpected affordability surge, driven primarily by lower-than-anticipated mortgage rates, rising wages and favorable demographics, has boosted housing demand.
Hot housing market could cool in 2018 – The nation’s hot housing market could. The skimpy inventory has driven up the median home value by 48% since 2011. Healthy job and income growth has fueled demand for houses, including from more.
Congressional leaders reach a debt deal to avoid painful sequestration cuts Who will voters blame if the U.S. goes over the fiscal cliff? – Democrats and Republicans are already hurling accusations at each other President Obama is meeting with congressional leaders on Friday in an eleventh-hour attempt to avoid. reach a deal, the Bush.