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How Can Home Equity Lenders Differentiate Themselves? ​ In the National Mortgage Professional’s recent article, “Standing Out in a Crowded Home Equity Market,” written by Jeremy McCarty, Founder and CEO of Valligent, shares insights on how lenders can play a crucial role in helping homeowners tap into their home equity in a high demand home […]
Standing Out In A Crowded Home Equity Market Read More »
Curious where the Spring 2023 housing market is headed?
Listen to the latest episode of the National Mortgage Professionals podcast titled “What to Expect from the Spring Buying Season,” where Eric Fox, Veros’ Chief Economist, discusses the recent dramatic market volatility and how it may stabilize.
Podcast: What To Expect From The Spring Buying Season Read More »
The housing market situation is fundamentally different from that during the great recession of 2008. One of the key reasons why house prices have not declined significantly is because of the very low inventory of homes available for sale. There were fewer than one million existing homes available for sale in January 2023 compared to over 3 million in any month during 2007-2008.
What to expect in the upcoming spring housing market Read More »
The housing market situation is fundamentally different from that during the great recession of 2008. One of the key reasons why house prices have not declined significantly is because of the very low inventory of homes available for sale. There were fewer than one million existing homes available for sale in January 2023 compared to over 3 million in any month during 2007-2008.
The reasons for the stubbornly low housing supply Read More »
High home prices coupled with high interest rates made purchasing a house increasingly unaffordable. As a result, demand for home purchases fell. Pending sales across the United States decreased by over 40% from mid-June to the end of 2022.
Pending home sales display buyers’ response to fluctuating mortgage rates Read More »
In this short article, we look at three different consumer mortgage metrics when comparing the economic conditions today to the Great Recession over a decade ago.
Mortgage Metrics Today Versus the Great Recession Read More »
So, we asked ChatGPT: Which metros witnessed the most iBuyers purchases in 2022? Here’s ChatGPT’s surprising response…
ChatGPT on iBuyer performance in 2022 Read More »
Housing market forecasts for 2023 have varied predictions, with some expecting gains of around 5% to others expecting a deterioration of over 5%. What is clear is that the era of low mortgage rates, buying frenzy, and double-digit price growths is over.
It was one of the fastest growing markets in 2021 and is now expected to be one of the worst performers in 2023.
Home prices in Boise, Idaho rose rapidly after the pandemic hit, climbing 38.6% y-o-y from Q2 2020 to Q2 2021.
The rise and fall of the Boise housing market Read More »
As 2022 winds down and we enter 2023, there are many predictions going around with respect to what will happen to the housing market in the next year. Here is a recap of 2022 and what we can expect going forward.
Housing Market Indicators – 2022 Trends and Outlook Read More »
