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Explore the latest economic trends in RiskWire webcast episode eleven, where hosts Eric Fox, Veros’ Chief Economist, and Reena Agrawal, Veros’ Research Economist, review the challenges faced by younger generations, particularly millennials in their late 20s to early 40s, as they grapple with soaring home prices in the United States.
How Millennials Are Navigating Home Affordability Read More »
The current housing market is characterized by a historically low supply, driven in part by the surge in homeowners locking in low-interest rates in 2020 and 2021. A substantial majority, nearly 60%, of existing mortgages boast contract rates below 4%, with an additional 20% falling in the 4%-5% range.
The Current Landscape of Mortgage Debt Read More »
Explore the future of real estate in Progress in Lending’s 2024 article predictions titled, “What is Ahead for Mortgage Lending in 2024?” where Eric Fox, Chief Economist at Veros Real Estate Solutions, shares his commentary regarding the anticipated nationwide appreciation to be expected between 2% to 3%.
What Is Ahead For Mortgage Lending In 2024? Read More »
Veros Real Estate Solutions releases the Q3 2023 VeroFORECAST report which anticipates that nationwide home prices, on average are expected to increase 2.4% over the next 12 months, compared to last quarter’s forecast of a 2.2% increase, signaling a continued rise in prices.
2023’s Housing Market Woes Extend into 2024: Low Supply and Unaffordability Read More »
