Negative Equity Alert As US Homeowners Lose $108.4 BILLION In Equity This Year Alone. 200,000 Homeowners At Risk Of Going ‘Underwater’ MFI-Miami has issued a Negative Equity Alert! Why? Homeowners are sitting on a negative equity timebomb. US home values have dropped a whopping $108.4 billion in 2023 alone. The average borrower saw their home […]
Mortgage Bankers Association Predicts Home Prices Will Plummet By The End Of 2022 What goes up must come down and home prices are no different. The Mortgage Bankers Association is saying that is exactly what they predicting will happen. However, they say it won’t happen until the 4th quarter of 2022. Even logic dictates home […]
Pandemic Housing Boom Is Officially Over As New Home Sale Plummet To Pre-Pandemic Lows The pandemic housing boom is officially over! The U.S. Census Bureau is stating sales of newly built homes dropped in June to the lowest level since the early days of the coronavirus pandemic in April 2020. Sales of new single family […]
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