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Housing Headlines
Value of U.S. housing market climbs to record $31.8 trillion

The total value of all homes in the U.S. increased in 2017 to a total $31.8 trillion, according to the latest report from Zillow.

ECONOMIC NEWS

HousingWire

Value of U.S. housing market climbs to record $31.8 trillion

The total value of all homes in the U.S. increased in 2017 to a total $31.8 trillion, according to the latest report from Zillow.

CNBC

Home prices are set to soar in 2018

The temperature may be frigid across much of the nation, yet home prices are sizzling and sellers are in the hot seat.

Business Insider

Here are the most valuable housing markets in the US

The value of the nation's housing stock grew by 6.5 percent to $31.8 trillion this year — with Los Angeles and New York City far outpacing the rest of the country's top-valued metro markets and Miami landing at No. 4.

HousingWire

Here are four housing predictions for 2018

2017 is now officially over and 2018 has begun. As the year comes into full swing, many experts continue to give their predictions for the housing market during the new year.

The Wall Street Journal

Accelerating housing market boosts homebuilder stocks

A rebound in the market for new homes is propelling shares of the companies that build them, a sign of how the improving economy has supported the stock market's recent gains. (Subscription may be required.)

Forbes

Cost of living is surging in these major cities and what it could mean for 2018

Nearly a decade after the 2008 recession and housing crash, much of the U.S. has fully recovered. As a result, most of the country is experiencing a rise in the cost of living, especially as home prices return to and surpass pre-crash levels. With the cost of living set to rise higher in 2018, one thing Americans can do to soften the blow is adopt some proven ways to save money before the end of the year. Otherwise, it will be difficult to escape this rising prices tide.

 

 

 

MarketWatch

Mortgage rates drop in opening week of 2018

Mortgage rates declined in the first week of 2018, even as most analysts believe they'll move higher in coming months.

CNBC

Mortgage applications end 2017 lower as rates rose

Economic policy can be a double-edged sword, and that was abundantly clear with respect to mortgage rates at the end of the year.

The Wall Street Journal

U.S. apartment market softens as supply increases

The multifamily housing market turned in a lackluster performance in 2017 as demand failed to keep pace with a deluge of new apartment supply, according to a new report to be released Wednesday. (Subscription may be required.)

The Wall Street Journal

You got priced out of ... Philadelphia? The spread of hot housing markets

The gentrification of the Fishtown neighborhood here looks like something city planners dream of, with developers renovating old row houses as young professionals, along with new restaurants and businesses, pile in. (Subscription may be required.)

The Washington Post

America's forgotten towns: Can they be saved or should people just leave?

One of the great debates in American politics and economics in 2018 is likely to be how to help the country's forgotten towns, the former coal-mining and manufacturing hubs with quaint Main Streets that haven't changed much since the 1950s and '60s. Many of these places turned out heavily to vote for Donald Trump. He talks often about wanting to help them, but it's unclear how he can.

USA Today

Employers added disappointing 148K jobs in Dec

The labor market slowed in December as U.S. employers added 148,000 jobs in a sign that worker shortages may crimp hiring in 2018.

USA Today

Will the economy bust out in 2018?

The U.S. economy in 2018 may finally unload some of the baggage that has slowed it down since the Great Recession ended in 2009.

 

 

 

 

TAX REFORM

The Washington Post

New tax law expected to slow rise of home values, creating winners and losers

The steady increase in housing prices in many of the nation's priciest markets, including the Washington region, is expected to slow in coming years, analysts say, as the Republican tax law begins to reshape a major part of the U.S. economy.

National Mortgage News

For housing market, tax reform is a wrench in the works

The recently enacted tax reform bill is likely to reshape sections of the housing industry, including encouraging more consumers to rent instead of buy and tamp down the rapid rise in home prices. (Subscription may be required.)

The Washington Post

Housing market could shift under new tax law

Homeowners have been on a roll. Owning a home has been a good investment over the half dozen years since housing prices hit bottom after the crash. Prices over this period are up more than 30 percent nationwide — and much more in some places. Home prices in the District have risen by more than 50 percent.

NPR

Tax changes could hurt affordability at high end of the housing market

Kari Pinto and her husband recently retired, and now they hope to trade Iowa — and its harsh winters — for a state with a milder climate.

 
 

 

 

 

HOUSING FINANCE NEWS

American Banker

Reg relief, GSEs to dominate banking policy on Capitol Hill in '18

Congress is likely to pass significant changes to the Dodd-Frank Act early next year and then attempt to overhaul roughly a third of the U.S. economy by restructuring the housing finance system. (Subscription may be required.)

MarketWatch

Fannie, Freddie mull broader credit scores for mortgage approvals

Fannie Mae and Freddie Mac have for years considered switching to alternative methods of assessing borrowers' credit scores and on Wednesday the two mortgage finance giants took a step closer to that goal.

HousingWire

Ellie Mae: Millennial homebuyer credit scores decreasing

The latest Ellie Mae Millennial Tracker report shows a slight decline in the average credit scores of closed loans to Millennials from the previous year.

 

PRODUCT NEWS

Professional Warranty Service Corporation

Is Your Customer Experience Winning Over Prospects?

Moving forward, the most successful companies will be those that organize themselves around providing an exceptional customer journey from start to finish. But where to start?  Concentrate on these Top 5 Marketing Areas.