DS News Webcast: Friday 1/24/2014

first_img The Best Markets For Residential Property Investors 2 days ago Previous: Housing Recovery Unmoved by Rising Interest Rates Next: Recovery Expected to Enter ‘Middle Innings’ in 2014 Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Welcome to the new DSNews.com. Existing-home sales increased 1% month-over-month to an annualized rate of 4.87 million in December, according to the National Association of Realtors. At the same time, November’s numbers were revised downward. Even with prices and mortgage rates slated to rise, NAR says sales should hold fairly steady in 2014 as job numbers improve.Experts at Freddie Mac and Equifax echoed those sentiments. They expect falling unemployment and economic growth to keep the housing market on solid ground in 2014. Frank Nothaft, chief economist at Freddie Mac, says the economy should increase by 2.5% to 3% this year, which should empower more consumers to buy homes, but there’s still a long road ahead and a lot of healing left to do.Equifax’s chief economist Amy Crews Cutts says one thing to keep an eye on is the pace of household formations in the months ahead. Cutts pointed out that the number of new households created annually fell sharply when the recession hit—and she’s not expecting much change in 2014. Farther down the line, though, she says the lack of buying today could trigger a swell of pent-up demand, once these prospective homeowners start to feel more financially secure. Sign up for DS News Daily Demand Propels Home Prices Upward 2 days agocenter_img About Author: DSNews in Featured, Media, Webcasts DS News Webcast: Friday 1/24/2014 Is Rise in Forbearance Volume Cause for Concern? 2 days ago Home / Featured / DS News Webcast: Friday 1/24/2014 Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Share Save 2014-01-24 DSNews January 24, 2014 508 Views Subscribelast_img read more