What to expect at HousingWire’s Spring Summit

The focus of the Summit is The Year-Round Purchase Market. Record low rates led to a banner year for mortgage lenders in 2020, and this year is expected to be just as incredible.

Increasing lending and servicing capacity – regardless of rates

Business process outsourcing and digital transformation are proven solutions that more companies in the mortgage industry are turning to. Download this white paper for more.

HousingWire's 2021 Spring Summit

We’ve gathered four of the top housing economists to speak at our virtual summit, a new event designed for HW+ members that’s focused on The Year-Round Purchase Market.

An Honest Conversation on minority homeownership

In this episode, Lloyd interviews a senior research associate in the Housing Finance Policy Center at the Urban Institute about the history and data behind minority homeownership.

Real Estate

Is the housing market standing on shaky ground?

This red flag could signal growth slow down

While most experts agree the housing market is on solid ground, some are beginning to question red flags that are beginning to arise, possibly showing a slowdown in growth.

Monday, the National Association of Realtors reported a drop in existing home sales for the third consecutive month.

Now, one expert wonders if the current growth in housing and the economy is sustainable headed into the second half of 2018.

“On an annual basis, existing home sales continue to extend their slump, retreating at a negative pace for five of the past six months, the weakest streak of sales since 2014,” Stifel Chief Economist Lindsey Piegza said.

“While a number of other factors suggest the U.S. economy is still on solid, albeit far from robust footing, weakness in housing raises a large red flag regarding the sustainability of domestic growth heading into the second half of the year,” Piegza said. “After all, existing home sales help drive other sectors of the economy including consumer confidence and spending, as well as construction and lending activity.”

However, one retired economist turned blogger suggested that low existing home sales are not as large of a problem, and there is actually a more significant factor to measure in the housing market.

“As I noted last Friday, I think it is likely that existing home sales will move more sideways going forward,” Calculated Risk writer Bill McBride said. “However, it is important to remember that new home sales are more important for jobs and the economy than existing home sales.”

He explained that new home sales continue to increase annually, indicating there is no recession in sight.

But he might be alone in his sentiments, and while housing might be on solid ground, most experts expect the next recession to occur within the next two years.

Most Popular Articles

Do higher mortgage rates mark the end of the refi wave?

As mortgage rates rose over the last week, refi activity fell. But millions of borrowers are still eligible if lenders can get them through the pipeline.

Feb 23, 2021 By

Latest Articles

How lenders can prepare for growing fraud threats

HousingWire recently spoke with Jeffrey Morelli, general manager at Truework, about what lenders can do to prepare for and overcome the growing threat of fraud and data inaccuracy.

Feb 26, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please