Loan volumes in 2022 were 50% down compared with 2021. Meanwhile, producing a loan got more expensive.
Author: Swapna Venugopal Ramaswamy, USA TODAY
Rent is the ‘largest contributor’ to inflation. See where it is going up (or down)
While consumers paid less for gasoline and grocery housing costs went up 8% during the same time period.
Staycation for the win? Vacation home sales are down 50% from pre-pandemic levels
Once the hottest housing segment, the demand for vacation homes was plummeted amid high interest rates and economic uncertainty.
Manhattan population grows as other major New York counties see a decline
The reversal in population losses was particularly notable in King County, Washington, home to Seattle; as well as in large Sunbelt counties.
Commercial real estate is headed for a crisis worse than 2008, Morgan Stanley analysts say
More than half of the $2.9 trillion in commercial mortgages will be up for refinancing in the next couple of years, according to Morgan Stanley.
Home prices rose in February after months of decline as low inventory met high demand
Driven by a combination of moderately declining mortgage rates earlier in the year along with low inventory levels, home prices rose 0.16% in February
How Hispanic homeownership became a ‘driving force’ shaping the housing market’s future
Hispanic homeownership: It makes business sense for the housing industry to pay attention to this growing demographic, experts say.
Does homeowners’ insurance cover tornado damage? How to prepare before a disaster
Homeowner’s insurance policies also provide coverage for additional living expenses to finance temporary housing costs and other daily necessities.
Housing market is ‘overly sensitive’ to Fed rate hikes. Experts weigh in on what’s next.
The housing market has been overly sensitive to what the Fed has done with interest rates, both when they’ve been high or low.
Home prices are finally declining, ending longest streak in growth. Who are the homebuyers?
Existing-home sales reversed a 12-month slide in February while home prices fell year-over-year, ending the longest price growth streak on record.