UFA House Price Forecast Shows Q1 Improvement – NMP Skip to main content

UFA House Price Forecast Shows Q1 Improvement

NationalMortgageProfessional.com
Mar 31, 2014

UFA released its five-year nominal house price forecast for the first quarter of 2014. Future prospects for the housing market improved again this quarter. The five year forecast for the UFA 100 city composite is now 25.1 percent, up from 22.4 percent last quarter. Prospects for the 10 large cities in the Case-Shiller 10 index (CS10) are somewhat weaker with only a 13.1 percent increase forecast. “Readily available mortgage credit, an improved economy, and better employment prospects are all helping local housing markets recover,” said Dennis Capozza, who is the Dale Dykema Professor of Business Administration in the Ross School of Business at the University of Michigan, and a founding principal of UFA. UFA has provided accurate and timely house price predictions since 1990 –the original and most credible house price forecasts available. The research that UFA’s principals have done underlies many other popular house price forecasts. Research demonstrates that local geographic factors are the most important determinants of loan and collateral performance. The value of the underlying collateral accounts for more than half of the geographic components. UFA has been tracking these trends for decades. Our house price forecast has been a part of our ForeScore suite of products since 1990, and has been an underlying driver in our quarterly Mortgage Report for two decades. UFA’s forecasts are updated and refined continuously with new research and analysis.
Published
Mar 31, 2014
Angel Oak Home Loans Opens 3 New Branches

Continues expansion in Western U.S. with new branches in California, Nevada & Utah.

Industry News
Dec 02, 2021
Open Mortgage Names New President

Joe Stephenson, formerly of American Advisors Group, to lead daily operations.

Industry News
Dec 01, 2021
Homepoint Expands Refinance Program Offerings

Now offers Freddie Mac’s new refinance option, Refi Possible, making it easier for many homeowners with a Freddie Mac-owned mortgage to reduce their interest rate.

Industry News
Nov 30, 2021
Non-QM Lender Deephaven Hires Business Development VP

Dallas-based Tim Fisher charged with growing Deephaven’s correspondent business In Texas and surrounding states

Industry News
Nov 30, 2021
Biden Reappoints Powell As Federal Reserve Chairman

A signal that The Fed will continue its policies as inflation surges and economic uncertainty spikes due to an emerging variant of the coronavirus. 

Industry News
Nov 29, 2021
Servion Taps Sagent For Consumer-First Servicing Tech Stack

A 7-year deal between Servion Mortgage and Sagent will equip Servion with Sagent's tech stack for performing, non-performing, and consumer experience.

Tech
Nov 29, 2021