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Stock impact report

Arch MI’s New Housing and Mortgage Market Review Makes 2019 Predictions on Pricing, Affordability and Where to Find the Hottest Markets

Arch Capital Group Ltd. (ACGL) 
Last arch capital group ltd. earnings: 2/11 04:31 pm Check Earnings Report
Company Research Source: Business Wire
The Risk of Price Declines in 2019 and 2020 Remains Low, but Is Rising in the West, According to the Quarterly Arch MI Risk Index GREENSBORO, N.C.--(BUSINESS WIRE)-- Expect home prices to increase in 2019, especially in the urban neighborhoods and “magnet cities” favored by Millennials, according to the Winter edition of The Housing and Mortgage Market Review (HaMMR), released today by Arch Mortgage Insurance Company (“Arch MI”). The national average home price is likely to increase 2–5 percent next year, worsening overall affordability, although some slow-growing markets will likely see price declines. According to the HaMMR report, there’s little chance of a housing bust because the typical warning signs of a widespread housing bubble are not evident. “The housing market has gone from a full boil to a slow simmer, but it’s nowhere near ice-cold,” said Dr. Ralph G. DeFranco, Global Chief Show less Read more
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