Home prices must drop in these markets. Here’s why.

U.S. home prices are falling in these markets

Real Estate Insights by Snapforce | Reverse Market Insight’s Neighborhood Dashboard

Housing prices across the U.S. are receding from their pandemic highs. This week we will show you how to identify those markets which may present fewer pricing challenges to help you better direct your energy and marketing dollars.

Reverse mortgage professionals are typically occupied with the movement of the 10-year Constant Maturity Treasury rate which in part determines just how much money a HECM borrower may qualify for. However, tracking housing market trends where you originate is not always as simple. It’s natural to ask’ where do I begin’? More importantly, where am I more likely to see home values declining? To answer that we’re going to share with you a tool I came across on the YouTube channel RJ Talks. Real Estate Insights from SnapForce. It only costs $12 a month and we’ve included a link below this video.

But before we dive in a word of caution on the media’s real estate reporting. 

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3 comments

Bill Krone February 27, 2023 at 4:54 pm

Great information where did you say that I could see all the national averages ?

Reply
Shannon Hicks February 28, 2023 at 5:52 am

Here’s a link to the tool used to find specific county data across the country. National averages may be found on Realtor.com’s data publications.
https://app.snapforce.com/prodigy/checkout.php

Reply
Shadow inventory & reverse mortgage home values – HECMWorld.com April 24, 2023 at 3:13 pm

[…] the tool we use to look at the macro and local market housing trends. This tool was featured in our February 27th broadcast of the Industry Leader Update. Those wishing to research their markets can subscribe to Snapforce for $12/month […]

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