Analysis and Data
Mortgage brokers, originators, and loan officers dealing with business being down.
Fannie Mae predicts mortgage originations continue to drop below 2019 levels.
Home prices increased at their slowest pace since June 2020, rising 7.7%
Redfin says a number of metrics that reflect a cooling market are now leveling off.
Zillow says it's surprising, but points to a rebalancing of the housing market.
In dollar terms, home investing up over 10% year over year.
Median house price was $403,800, up nearly 11% YOY, but down from June.
Home purchase demand expected to drag through the end of the year.
Number of U.S. properties facing foreclosure is up more than 25% from a year ago.
Risk year-over-year also declined, but CoreLogic officials expect trend to reverse.