Are you looking for the latest insights on the housing market? 🤔 Look no further! Check out this article on “Housing Finance Watch and Inflation Watch” which offers a wealth of info on key trends, including:
• Purchase volume down 43% YoY, remaining the same as last week.
• Latest MND rate at 6.87%, almost reaching its recent peak in October 2022.
• HPA projected to moderate to 2.6% and 0.8% in Feb. 2023 and Mar. 2023 respectively, with less affordable metros being hit the hardest.
• National seller’s market expected to end in 2023, with unemployment rate increases potentially leading to price declines in some markets.
We’d love to hear your thoughts on where the real estate market is trending! 💬 Share your insights in the comments below. 💭💡💰