Fannie Mae’s ESR Group published its August 2023 commentary on recent economic data and its likely impact on the housing market. Data points to an eventual downturn, which they now expect in the first half of 2024, though a soft landing is possible.
Learn five common misconceptions Americans have about the home buying process, so you can help educate your clients.
George Ratiu, KCM Chief Economist, joins Byron Lazine, Tom Toole, and Lisa Chinatti to discuss a bi-partisan affordable housing bill, U.S. debt default warning, flat inventory, how inflation impacts the 30-year fixed, and three reasons why buyers are not overpaying.
According to a recent report by Home Bay, 72% of renters believe that homeownership will never happen for them. The survey shows growing pessimism toward the housing market.
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