Expected slowdown in remodeling is good news for mortgage business

June 04, 2019. Remodeling Spending Growth to Slow in Most Major Metros in 2019. Annual gains in homeowner spending on improvements are expected to moderate across more than half of the nation’s largest metropolitan areas in 2019, according to new projections released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Good news for first-time home buyers: Home-price appreciation is expected to cool down in 2018 after a torrid couple of years. Home prices rose 6.3% in 2016, according to the Federal Housing.

Expected slowdown in remodeling is good news for mortgage business remodeling activity stepped up in recent years as homeowners stayed put for nearly twice as long as before the housing bubble burst, but several forecasts point to a potential slowdown on the horizon, which is a welcome sign for the mortgage business.

Annual growth in the national market for home improvement and repair is expected to slow considerably by the end of the year, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

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The Trump bump has faded, and the real estate market is expected to soften into 2019. The annual growth in national home improvement and repair spending by Americans is expected to slow in 2019, according to the Leading Indicator of Remodeling Activity (LIRA) released Thursday by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

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“It will slow down the decline in home prices. Blow to first-time homebuyers as Lam rules out mortgage increase “It is good news for buyers, at first look, as you can save less and pay less for a.

Expected slowdown in remodeling is good news for mortgage business Remodeling activity stepped up in recent years as homeowners stayed put for nearly twice as long as before the housing bubble burst, but several forecasts point to a potential slowdown on the horizon, which is a welcome sign for the mortgage business.

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The Surprisingly Emotional Reason Why Home Buyers Buy Homes - Today's Mortgage and Real Estate News When Fred Assini was a partner at his family’s home-remodeling company, he invariably would act as an intermediary for clients going for mortgages and home. long island business news The.