Housing markets

The West Coast and across the Rocky Mountain region are the most vulnerable to price declines in the coming months as both sellers and buyers readjust their expectations.

But conspicuously missing from the mortgage industry's discussions about affordability, housing equity and the future health of our industry is the growing, disruptive influence of single-family home investors, particularly institutional investors, writes the president of Down Payment Resource.

Rent of shelter and owners' equivalent rent each accelerated 0.8% in September from the prior month, the most since 1990, according to Labor Department data released Thursday.

And a trio of large publicly traded nonbank lenders looking to defend market share may consider buying those mid-sized brethren, a Keefe, Bruyette & Woods report said.

As many homebuyers' spending power is diminished, home price growth in the Bay Area has slowed, fewer homes are selling above listing price and more sellers are asking for less.

Decline was largely driven by a large dip in cash-out refinance locks.

Fannie Mae's sentiment index is at its lowest point since October 2011, as more consumers think prices will go down than those that expect them to rise.

But that was not enough to offset the fourth consecutive monthly decline in total nonbank industry jobs, according to the Bureau of Labor Statistics.

While most would consider where their next house will be due to natural disasters, only two in five would move from their current property, Freddie Mac said.

The number of sellers discounting their original listing grew by over 83% year over year, according to HouseCanary.

Buyer interest waned as mortgage rates increased in the same month this year, CoreLogic found

While intercompany relationships are established in any environment, activity seems to pick up when business declines.

Sales of co-ops and condos dropped 3.7% in the third quarter from the previous three months and more than 18% from a year earlier, appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate said in a report Tuesday.

Median home prices fell 0.98% in August from a month earlier, following a 1.05% drop in July, Black Knight Inc. said in a report Monday.

The tempering of growth is a result of mortgage rates jumping and inflation, a report found.

The rise in rates over the past six weeks pushed the borrower's monthly disbursement up $337, Redfin said.

The partnership is starting off small but ultimately aims to sell real estate through non-fungible tokens on a broader scale than others have in the past.

U.S. pending home sales fell in August for the seventh time this year, extending the housing market's downturn as high borrowing costs sideline prospective buyers.

U.S. sales of new homes unexpectedly rose in August, representing a break in an otherwise rapid descent this year for a housing market still at risk of further deterioration as mortgage rates climb.

The decline was "widespread" impacting eight of the nine U.S. census divisions, according to the Federal Housing Finance Agency.