January 2024 Housing Market: Exploring the New Year’s Insights

The January 2024 housing market has emerged as a focal point for analyzing the recent economic and financial developments impacting the real estate sector. With interest rates experiencing fluctuations, the dynamics of buying, selling, and investing in properties are witnessing significant shifts, prompting stakeholders to reevaluate their strategies amidst ongoing challenges. These issues, especially concerning […]

Existing Home Sales Rise for First Time in Twelve Months

While the past year-and-a-half took its toll on the real estate market, the latest news offered a glimmer of hope as data saw existing home sales rise. Despite 2021’s massive surge in real estate sales, 2022 generated a lackluster environment. Although the most recent data reflected an increase in home sales, housing inventory still presents […]

Total Mortgage Originations Plummeting as Rates Soar This Year

Throughout 2021, the United States real estate market experienced a massive resurgence, however, total mortgage originations are now plummeting this year. Mortgage Bankers Association Forecasts Plummeting Mortgage Originations With the release of last month’s existing home sales report, sales declined. Analysts point to rising mortgage rates as one of the primary causes, taking a large […]