Some buyers and sellers think they can wait out economic volatility and poor affordability
Tagged: Fannie Mae
On the bright side, household incomes have achieved some stability
The latest ICE figures portray a housing finance system still struggling to stage a comeback
Median purchase application payments rose 3.5% from the end of 2023 — the last 'worst year in decades' for home sales
“We do not need to be in a hurry to adjust our policy stance,” Powell told reporters at Wednesday's press conference
Outlook on present, future turns a bit more glum, particularly among younger age groups
Updated indices, economists say regional factors to determine fate of affordability
Fannie Mae lowered its 2025 originations forecast by 2.5%, and total home sales forecast by 2.25%, this week.
Fannie Mae's Chief Economist expects a difficult balancing act for the 2025 market
Changes could exacerbate two-tiered market, one that “benefits from tax reform and deregulation, and another that struggles with affordability challenges.”