Top markets for affordable renovated housing inventory

Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at auction.

HousingWire Magazine: December 2021/ January 2022

AS WE ENTER A NEW YEAR, let’s look at some of the events that we can look forward to in 2022. But what about what’s next for the housing industry?

Back to the Future of Mortgage Lending

This webinar will be a discussion on understanding what’s to come in the future of mortgage lending by analyzing past trends in the industry, evolving consumer behaviors and demographics of the industry’s production capacity.

Logan Mohtashami on Omicron and pending home sales

In this episode of HousingWire Daily, Logan Mohtashami discusses how the new COVID variant, Omicron, will impact inflation and whether or not it will send mortgage rates lower.

Mortgage

Here are the 10 hottest housing markets right now

Some metros seeing double-digit increase for the year

Home-price appreciation has drastically changed from a year ago, growing in 42 of the 102 metro areas nationwide, RealtyTrac’s November 2014 Residential and Foreclosure Sales Report found.

Dayton, Ohio, came in at the top of the list, moving from just -1% annual home price appreciation in November 2013, to 20% annual HPA in November 2014.

RealtyTrac analyzed median prices for sales of residential properties nationwide, looking at state and metropolitan statistical areas with a population of 500,000 or more in order to find the top 10 accelerating home price appreciation metros.

Here are the other nine housing markets that are on fire right now, with some coming out of negative appreciation in 2013.

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Source: RealtyTrac

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