mortgage rates

Agent Strategy

What to Tell Your Clients About the 2023 Real Estate Market

In a recent BAM Webinar, KCM President David Childers joined Byron Lazine to unpack the 2023 real estate market. Here are the key takeaways and talking points for agents.

January 25, 2023

Housing Market

Bam Good News: Builder Confidence, A Hobbit House For A 90-Year-Old, and a Country Escape for a Widower

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!

January 23, 2023

Housing Market

Zillow Reports Housing Market is Closer to ‘Normal’

Zillow reports the U.S. housing market is closer to “normal,” with lower mortgage rates, inventory still less than ideal but more in line with seasonal expectations, and time on market higher than a year ago but lower than pre-pandemic norms.

January 20, 2023

Five young adults standing outside modern townhouses, looking at their smartphones on a sunny day.

Housing Market

Investors Betting Big on Residential Real Estate in 2023

New Western, the largest private marketplace in the U.S. for fix-and-flip residential investment properties, released their latest report, showing investors remain confident in residential real estate investment for 2023.

January 12, 2023

Dusk city skyline with the Bay Bridge illuminated across the bay and a dense grid of lit buildings in the foreground.

Housing Market

Home Buyers Leaving Expensive Job Centers

A new Redfin report shows a near-record share of home buyers leaving expensive job centers in the three months ending in November. With mortgage rates still above 6% and home prices still rising, buyers are drawn by the potential cost savings.

December 21, 2022

Woman sits on a sofa, reviewing papers with a pen while a laptop rests on a side table nearby.

Real Estate News

Foreclosure Crisis Highly Unlikely, Even With Redfin’s Predicted Home Price Declines

According to a Redfin report, if home prices decline over the next twelve months, only a small percentage of homeowners would be underwater on their mortgage, making a foreclosure crisis highly unlikely.

December 15, 2022

Housing Market

Housing Inventory Rises Above 2020 Levels

Active listings increased 33.5% year-over-year in October, according to the Realtor.com® Monthly Housing Trends Report released this week. This increase in housing inventory is due to buyer hesitation rather than new listings.

November 4, 2022

A four-way video call collage with each host wearing a headset and microphone, surrounding a large central '9%' graphic, suggesting a roundtable discussion.

Your Marketing Playbook

How High Could Interest Rates Go in 2023?

Rising mortgage rates, Midterm Elections, and Elon Musk’s Twitter takeover are this week’s topics on The Walk Thru.

November 3, 2022

Person reads a newspaper on business news about housing prices, with a glass, tablet, and smartphone on the wooden table nearby.

Housing Market

August S&P CoreLogic Case-Shiller Index Shows Forceful Pressure on the Housing Market

The S&P CoreLogic Case-Shiller Index showed a record slowdown of home prices between July and August. Here’s a full breakdown of the data.

October 27, 2022

Professional in a suit stands in front of a mortgage document showing 30-year fixed, 15-year fixed, and a blue 5/1 ARM option.

Housing Market

Lawrence Yun on how High Mortgage Rates will Climb

Lawrence Yun issued a warning that mortgage rates could surge to a new threshold of 8.5%. Here’s what you need to know.

October 26, 2022

White chalk-line chart on a blackboard showing Days on Market across 2022 months, peaking at 34 days on Oct 16, 2022/Jan-Dec timeline.

Housing Market

Time on Market has Doubled Since Spring

According to a new Redfin report, time on market for homes has doubled since spring as mortgage rates are at a 20-year high and mortgage applications have dropped to a 25-year low.

October 25, 2022

Colorful collage poster featuring a surprised central young man and a bold speech bubble reading 'Dude, Where's my Affordable Housing?'.

Housing Market

Home Values 25% Above Mortgage Affordability Norms

According to a new Zillow analysis, home values need to drop 24.7% drop to reach 2005-2021 mortgage affordability norms.

October 21, 2022

What to Tell Your Clients About the 2023 Real Estate Market

Bam Good News: Builder Confidence, A Hobbit House For A 90-Year-Old, and a Country Escape for a Widower

Zillow Reports Housing Market is Closer to ‘Normal’

Investors Betting Big on Residential Real Estate in 2023

Home Buyers Leaving Expensive Job Centers

Foreclosure Crisis Highly Unlikely, Even With Redfin’s Predicted Home Price Declines

Housing Inventory Rises Above 2020 Levels

How High Could Interest Rates Go in 2023?

August S&P CoreLogic Case-Shiller Index Shows Forceful Pressure on the Housing Market

Lawrence Yun on how High Mortgage Rates will Climb

Time on Market has Doubled Since Spring

Home Values 25% Above Mortgage Affordability Norms

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