ICE Finds Positive Signs in Housing, Mortgage Markets Ahead of Spring Homebuying Season
Housing affordability has improved in recent months, with the share of income required to purchase the median home falling nearly 5 percentage points from October, and the inventory deficit continues to improve. This indicates a better housing market environment in coming months, according to Intercontinental Exchange.
CBRE’s Investor Intentions Survey Shows Improved Sentiment
CBRE, Dallas, released its 2024 U.S. Investor Intentions Survey finding that investor sentiment has greatly improved, but concerns such as higher-for-longer interest rates, tight credit conditions and differing buyer and seller expectations still weigh on the industry.
Industry Briefs, Feb. 7, 2024
Industry news from Freddie Mac, NAMMBA, Rocket Mortgage, First Federal Bank and Calque.
