Housing Market Roundup

In this edition of the MBA NewsLink Housing Market Roundup, we look at the latest FHFA Strategic Plan; how consumers are altering their home buying and home selling plans during the coronavirus pandemic; why housing affordability might be at a “tipping point;” how the coronavirus is driving down inventories; and how political preferences are having an effect on where people choose to live–or even stay in America.

Industry Briefs Oct. 27, 2020

Stewart Appraisals Management Inc., Houston, announced its acquisition of Pro-Teck Services Ltd., DBA Pro Teck Valuation Intelligence.

Housing Market Roundup

It’s been a busy week here, with the Mortgage Bankers Association’s Annual Convention & Expo wrapping up. Here is a summary of some key housing market reports that took place over the past week. A major theme: tremendous housing market resiliency amid continued economic turmoil.

Bidding Wars Intensify for Entry Level Homes

Redfin, Seattle, said bidding wars eased up slightly in September, but more than half of properties saw competitive bids. A separate report from Zillow, Seattle, showed the most intense competition was for entry level homes.

Housing Market Roundup, Oct. 6, 2020

Here are summaries of the latest housing finance reports, from Black Knight; Redfin; Zillow; and Morning Consult.

Affordable Areas Outside Big Cities Heating Up

Relatively inexpensive areas outside major cities, such as El Dorado County, just east of Sacramento, Calif., and Camden County, N.J., across the river from Philadelphia, are gaining ground with homebuyers as New York City and San Francisco lose steam, according to a report from Redfin, Seattle.

Monday Report: Red-Hot Housing Markets and a Time-Capsule Survey

This morning’s Monday Report features stories that confirm the housing markets remain hot, regardless of location or political preference; what that might mean for down payments; and a housing survey that, thanks to the coronavirus pandemic, was obsolete the moment it was released.

Housing Report Roundup

Welcome to the Friday Housing Report Roundup. Click on the link to see what’s happening.