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Broadmark has many issues including: high level of non-performing loans, management turnover, and most recently a dividend cut. See why I'm bullish on BRMK stock. ....
Home buyers now have the luxury of getting 'picky' again and negotiating lower prices after two years of upside-down power dynamics, says one broker. ....
Posted August 3rd, 2021 for CoreLogic Lack of supply, economic rebound and demographic trends fuel home price surge Affordability challenges increasingly impact low- and middle-income Americans IRVINE, Calif., August 3, 2021 CoreLogic ® , a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI ™ ) and HPI Forecast ™ for June 2021. Despite the economic ups and downs brought on by the pandemic, the housing market is still going strong . As supply and demand pressures endure and construction costs spike, in June, home price gains reached the highest annual growth since 1979. While affordability challenges intensify, low mortgage rates, rising savings and an improving labor market are helping to keep homeownership within reach for many prospective buyers. However, CoreLogic projects home price gains may slow over the next 12 months as demand moderates and ....
Collateral and people have lost their jobs which is another key factor. so, all of that is adding to the fact that the economy, obviously, is not helping. clayton: and now the home price decline. explain to us why we are still seeing the major slumps around the country? guest: well, the two markets that have been hit the hardest are, one, the market that saw the largest growth of new construction during the boom. and these are less desirable areas in the cities, and you have to remember that the buyers that prepared in these areas bought with variable rate mortgages and many of those are resetting now, and many of those buyers have also lost their job and their home values have plummeted. the second area is the area that is getting hit the hardest are the cities with undiversified local committee, such as manufacturing cities, detroit being an example of this. and, also, the question of renting. it is unbelievable that in america the idea you want to own your own home but now that ....