Why Today’s Mortgage Debt Isn’t a Sign of a Housing Market Crash
One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today. Unlike in the last housing bubble, where many homeowners owed more than their homes were worth, today’s homeowners have far more equity than debt. That’s a big part of the reason
August 2024 Greater Des Moines Housing Market Update
As summer 2024 comes to a close with schools starting up, the Des Moines metro housing market welcomed a drop in mortgage rates, an increase in inventory, and a rise in pending sales with open arms. In this video, we will be sharing the finalized data from August 2024. In comparison to July, Aug
How the Federal Reserve’s Next Move Could Impact the Housing Market
Now that it’s September, all eyes are on the Federal Reserve (the Fed). The overwhelming expectation is that they’ll cut the Federal Funds Rate at their upcoming meeting, driven primarily by recent signs that inflation is cooling, and the job market is slowing down. Mark Zandi, Chief Economist at
Categories
Recent Posts
