Analysis and Data
BeanTown is on track to earning a less endearing nickname for itself — the second most expensive city in the country.
MBA reports that 2022 will see a 30% drop in mortgage originations, driving lenders and title companies to seek ways to streamline operations and increase ROI.
November 2021 was the month we finally saw overall delinquencies recover, a sign that mortgage loan performance is following the nation’s income growth.
Report by NAR, Realtors.com finds record-high prices & record-low inventory makes it difficult for consumers, and especially Black consumers, to buy houses.
Black Knight: it now takes 25.8% of the median household income to purchase the average-priced home with 20% down and a 30-year mortgage, the worst affordability levels since 2008.
Locals in Phoenix, Dallas, and Orlando are being priced out of these areas as home prices jump nearly 30%.
Fannie Mae's Home Purchase Sentiment Index slipped by 2.4 points to 71.8 in Jan. 2022.
Redfin’s forecast expects price growth to slow to an annual rate of 7% by the end of 2022.
CoreLogic expects new home sales to increase in 2022 with the biggest gains in places with high population gains, projected to be Texas, Florida and Arizona.
Total was below 2021 average, but topped expectations; unemployment rate remains at 4%.