5 updated housing predictions for the second half of 2022

While housing market trends in the first quarter of 2022 resembled the previous year's trend — buyer frenzy, homes selling over the asking price and continued home price appreciation — much has changed in the spring, which will impact some of the previously forecasted scenarios.

May 4, 2022 Was this email forwarded to you? Sign up for HousingWire's Daily Update here. 5 updated predictions for the second half of the 2022 housing market Real Estate, Opinion, HW+ Exclusive Content While housing market trends in the first quarter of 2022 resembled the previous year's trend — buyer frenzy, homes selling over the asking price and continued home price appreciation — much has changed in the spring, which will impact some of the previously forecasted scenarios. Servicing portfolio gains propel Newrez Q1 profits to $690M Mortgage New Residential Investment Corp.'s first quarter earnings repeat the logic of rising interest rates lowering origination profits but increasing servicing gains, as reported by companies such as Mr. Cooper and Ocwen last week. Lenders, don't risk leaving money on the table. As lenders grow they may neglect to take the time to review their processes. Manually doing processes that could be automated can lead to wasting valuable time and money. More automation may lead to, faster turn times, better QC, & greater ROI. It's time to improve your workflow.   Help Me Automate. Sponsored by DataVerify NAR unveils plan to help inventory crisis Podcasts Today's episode features NAR's innovative plan to alleviate inventory problems and gives an update on Redfin's Fair Housing settlement. Listen Now! Biden administration and CISA recommend proactive cybersecurity measures in response to elevated risks Presented by FundingShield According to a Q1 analysis by MISMO-certified wire and prevention fintech FundingShield, over one in three real estate transactions had elements of wire or title fraud risk. The importance of accurate valuations for GSE-compliant appraisals Desktop appraisals combine innovative technology, along with a nationwide network of property data collectors and experienced appraisers to deliver lenders an accurate and reliable, GSE-compliant appraisal. Learn More Sponsored by Clear Capital HousingWire Magazine: May 2022 HW+ Exclusive Content The May issue of HousingWire magazine highlights the impact of the FHFA's decision to permanently accept desktop appraisals for conventional loans. This issue also includes HousingWire's second class of Housing Finance Leaders. Desktop Appraisals Are Here to Stay – Are You Ready? With desktop appraisals becoming permanent this month, how prepared are you? Now is the time to leverage our award-winning ValueNet™ technology suite to drive lower costs, faster turn times and a truly digital experience. Request demo today! Sponsored by Accurate Group Everything must go: Zillow's race to end iBuying Agent, Brokerage, Real Estate, HW+ Exclusive Content For agents, submitting an offer to Zillow on its iBuying inventory was a rare reprieve from endless bidding wars. "I almost wish I had lowballed them a little bit more," said one agent. "It's too bad there's not more of these Zillow homes on the market." Point raises $115 million in Series C funding Mortgage, Fintech Point, an intermediary connecting homeowners with home equity investors, announced Tuesday a major new funding round. Looking to plant the seeds for happy borrowers? April showers bring May flowers but hassle-free closings bring lenders good reviews. IDS' Solitude Solution is the perfect platform for hybrid eClose. Make your borrowers' bloom with appreciation after their quick and easy hybrid eClosing. Plant my seeds! Sponsored by IDS, Inc. NAR looks to Congress for action on housing inventory Brokerage, Real Estate, Politics & Money, HW+ Exclusive Content NAR's annual legislative meeting in Maryland addresses the elephant in the room: the lack of housing inventory. HW+ Housing Market Update | May 10th, 12pm CT Join HousingWire and other economic leaders for an in-depth look at the latest housing updates around rising mortgage rates, housing inventory, the biggest threats to the housing market and more. Register to keep up with what you need to know to stay competitive in the shifting market. Register today! Sponsored by HW+ Opinion: The Great Resignation's title cybersecurity risk Closing, Real Estate, Opinion While retention, engagement and automation are the hottest topics coming out of a growing labor shortage, employee turnover can also cause cyber risk and other operational issues for title companies. Logan Mohtashami on how the housing market is holding up Real Estate, HW+ Exclusive Content In this HW+ Q&A, HousingWire Lead Analyst Logan Mohtashami breaks down the latest purchase application data. HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039 Manage preferences

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