Four different housing market updates—from Fannie Mae, Redfin, NAR and Zillow—highlight home price changes and challenges for entry-level home shoppers. At first glance, opposing headlines could be confusing for consumers.
The newest Fannie Mae forecast includes a modest recession in the second half of the year rather than the second quarter. The ESR Group doesn’t expect a repeat of the 2008 Financial Crisis, but something closer to the Savings & Loan Crisis of the 1980s.
Black Knight is one of only six vendors approved by Fannie Mae to support their new home valuation option: value acceptance plus property data.
With month-over-month drops in four HPSI components, the Fannie Mae Home Purchase Sentiment Index, dropped 3.6 points to 58.0 in February, breaking its three-month streak of improvements in housing sentiment and pulling the index closer to its all-time low.
On March 1, Fannie Mae updated its Selling Guide, announcing it is “transitioning to a range of options to establish a property’s market value,” and will be offering alternatives to the traditional appraisal.
Byron Lazine and Tom Toole discuss the latest FOMC meeting minutes, what to expect from the Federal Reserve in March, the housing market’s loss of $2.3 trillion in home values, Fannie Mae’s revised forecast, and the best business plan for agents in 2023.
The Fannie Mae ESR Group reports a strong start in 2023 for the economy and housing market, but recent data points to more aggressive action by the Federal Reserve and a modest recession likely in the second quarter.
Fannie Mae’s National Housing Survey shows homeowners’ financial concerns—including the ability to make housing payments and save money.
High home prices and elevated mortgage rates have taken a toll on consumer perceptions of the housing market. In January, the Fannie Mae Home Purchase Sentiment Index (HPSI) rose for the third consecutive month but fell 10.2 points year-over-year.
n 2022, Fannie Mae multifamily financing provided over $69 billion in continued support for affordable multifamily housing and other market segments, expanding access to affordable housing throughout the U.S.
The Fannie Mae forecast, published on January 20, 2023, lays out the findings and predictions of the Economic & Strategic Research Group (ESR), including an upward revision for 2022 GDP growth and a downward revision for 2023 home price growth.
Real estate can be pretty fickle, and constant negative news about mortgage rates, home prices, and layoffs can get people down.
Each week, we’re giving you the most uplifting and positive news in real estate. This industry can get tough, so here’s a little sunshine to start your week!
For daily real estate news, business and marketing.
