Welcome to Nationwide Management Services, Inc.
Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
The National Association of Homebuilders (NAHB) has only been publishing builder confidence numbers since the mid 1980s. It's possible--if not likely--that the late 70s and early 80s would be worse than the present in terms of volatility. But even if we forget the fact that today's number represents the biggest year-over-year drop on record, the housing market is still obviously in distress.
There won't be any ground-breaking insights here, so there's no sense in devoting too many words to a very simple phenomenon. Home prices rose at an unprecedented pace post-covid and were likely to face resistance regardless of the interest rate outlook.
When we add the sharpest rate spike since the 1980's to the mix, it only accelerated the inevitable.
One other potentially