Lawrence Yun on The Fed’s Latest Rate Hike
On February 1, the Federal Reserve announced a 25 basis-point rate hike. Here’s what Lawrence Yun says it means for the housing market.
Read Moreby BAM Staff | Feb 2, 2023 | Housing Market, RE News
On February 1, the Federal Reserve announced a 25 basis-point rate hike. Here’s what Lawrence Yun says it means for the housing market.
Read Moreby BAM Staff | Feb 2, 2023 | Housing Market, RE News
The quarterly Wall Street Journal/Realtor.com® Emerging Housing Markets Index is out. And 7 of the top 10 markets on the list are smaller Midwest metros with robust economies and more affordable housing.
Read Moreby BAM Staff | Jan 31, 2023 | Housing Market, RE News
n 2022, Fannie Mae multifamily financing provided over $69 billion in continued support for affordable multifamily housing and other market segments, expanding access to affordable housing throughout the U.S.
Read Moreby BAM Staff | Jan 30, 2023 | Housing Market, RE News
Each week, we’re giving you the most uplifting and positive news in real estate. This industry can get tough, so here’s some BAM Good News to start your week!
Read Moreby BAM Staff | Jan 30, 2023 | Housing Market, RE News
ATTOM released its Year-End 2022 U.S. Home Sales Report, which shows an increase in home seller profits for 2022—up 21% from 2021 and up 78% from 2020. Home seller profits represent a 51.4% return on investment (ROI).
Read Moreby BAM Staff | Jan 27, 2023 | Housing Market, Knowledge Brokers, RE News
Byron Lazine and Tom Toole discuss housing inventory dipping below 1M again, purchase applications increasing by 25%, U.S GDP rising 2.9% in Q4 2022, the rise in housing affordability and sentiment, and how inflation has derailed millennial home buying plans.
Read Moreby BAM Staff | Jan 27, 2023 | Housing Market, RE News
Redfin reports signs of a housing market recovery after a trough in the second week of November 2022. Economists say recovery has begun, with homebuyers returning to the market—but sellers have been slower to jump back in.
Read Moreby BAM Staff | Jan 26, 2023 | Housing Market, RE News
On January 26, 2023, the Biden-Harris Administration announced a Renters Bill of Rights, outlining actions to protect renters and promote rental affordability.
Read Moreby BAM Staff | Jan 26, 2023 | Housing Market, RE News
Black Knight, Inc. reported their “first look” at December’s month-end mortgage performance statistics, showing a drop in 2022 mortgage delinquencies for the year while prepayments reached a third consecutive record low.
Read Moreby BAM Staff | Jan 26, 2023 | Housing Market, RE News
During an epic hour-long BAM webinar with David Childers, the president of Keeping Current Matters (KCM), Byron Lazine asked how agents can articulate to consumers the unique buying opportunity present in today’s market.
Read Moreby BAM Staff | Jan 25, 2023 | Agent Tactics, Housing Market
In a recent BAM Webinar, KCM President David Childers joined Byron Lazine to unpack the 2023 real estate market. Here are the key takeaways and talking points for agents.
Read Moreby BAM Staff | Jan 25, 2023 | Housing Market, RE News
Apartment renters in some markets can now instantly schedule tours on Zillow, choosing a day and time that fit their schedules without needing to contact or be contacted by the apartment manager.
Read Moreby BAM Staff | Jan 25, 2023 | Housing Market, RE News
iFinder Offers, the first “dating app” to match home buyers and sellers, experienced an 85% growth in home submissions in 2022.
Read Moreby BAM Staff | Jan 24, 2023 | Housing Market, RE News
A record number of home buyers look to new metros in search of affordability in the latest Redfin report, with 24.6% of Redfin.com users looking to relocate in the fourth quarter of 2022.
Read Moreby BAM Staff | Jan 23, 2023 | Housing Market
KCM President David Childers will provide you with a clear understanding of the 2023 real estate market in the BAM webinar, scheduled for January 24, 2023.
Read Moreby BAM Staff | Jan 23, 2023 | Housing Market, RE News
The Fannie Mae forecast, published on January 20, 2023, lays out the findings and predictions of the Economic & Strategic Research Group (ESR), including an upward revision for 2022 GDP growth and a downward revision for 2023 home price growth.
Read Moreby BAM Staff | Jan 23, 2023 | Housing Market
Real estate can be pretty fickle, and constant negative news about mortgage rates, home prices, and layoffs can get people down.
Each week, we’re giving you the most uplifting and positive news in real estate. This industry can get tough, so here’s a little sunshine to start your week!
by BAM Staff | Jan 23, 2023 | Housing Market, RE News
Real Estate Witch issued the 2023 edition of their Millennial Home Buyer Report, which indicates 92% of millennials say inflation has changed their home-buying plans.
Read Moreby BAM Staff | Jan 20, 2023 | Housing Market, RE News
Zillow reports the U.S. housing market is closer to “normal,” with lower mortgage rates, inventory still less than ideal but more in line with seasonal expectations, and time on market higher than a year ago but lower than pre-pandemic norms.
Read Moreby BAM Staff | Jan 20, 2023 | Housing Market, RE News
Yardi Matrix published its latest National Student Housing Report, projecting another strong year for the student housing market in 2023 after wrapping up its best year on record in 2022.
Read Moreby BAM Staff | Jan 19, 2023 | Housing Market, RE News
Realtor.com just shared its forecast for the top 10 markets for first-time home buyers in 2023, highlighting factors that make those markets ideal for less experienced buyers.
Read Moreby BAM Staff | Jan 19, 2023 | Housing Market, RE News
ardi Matrix® released its moderated 2023 Multifamily Outlook with projections for this year’s rent growth, which it expects to return to historical averages. Inflation, interest rates, and an increase in inventory will likely cut 2022’s rental growth in half.
Read Moreby BAM Staff | Jan 18, 2023 | Housing Market, RE News
Researchers at Capital Economics have shared their predictions on the 2023 housing market, pointing to signs we may be close to a trough, with recent improvements in affordability. But further declines in home prices are needed—if not guaranteed.
Read Moreby BAM Staff | Jan 16, 2023 | Housing Market, RE News
ATTOM released its Year-End 2022 U.S. Foreclosure Market Report, which shows double the amount of foreclosures in 2022 compared to a year ago. Foreclosure starts are up year-over-year but still below pre-pandemic levels.
Read Moreby BAM Staff | Jan 16, 2023 | Housing Market, RE News
A new Redfin report shows rent growth slowing for the seventh consecutive month in December 2022. The median asking rent rose only 4.8% year-over-year, the smallest increase since July 2021.
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