Housing data released yesterday provided a welcome boost to the real estate market with pending home sales rising 0.8% MoM to mark a third consecutive...
Exodus Trend Persists: Homebuyers Unfazed By High Mortgage Rates Leave Expensive Cities A new report from real estate brokerage Redfin indicates...
We need to understand the credit channels in the U.S. today and why they’re so different than the period of 2002-2008.
Black Knight home price data found the biggest home price increases in Miami and Orlando last year.
Realtor.com pins the best week to put a home on the market this spring.
If the mortgage market wasn’t so stressed, mortgage rates should be at 5.99% today. In a regular market, they would be closer to 5.25%.
Single women’s homeownership rate declined in 2022, the first time since 2016, with a large drop of 4.1 percentage points from its peak of 28.6% in...
If national housing inventory were back to normal, we would have 2 to 2.5 million active listings of direct competition for homebuilders.
To understand why we had such a beat in sales, you only need to go back to Nov. 9, when mortgage rates started to fall from...
Economic Death Spiral Authored by Robert Stark via Substack, Fed Trap: Financial Collapse or Hyper Inflation? With this banking crisis,...
How much do homes cost in other countries, and are they affordable for residents? Here's a ranking of 42 capital cities, where the median home price...
How much do homes cost in other countries, and are they affordable for residents? Here's a ranking of 42 capital cities, where the median home price...
Gold Prices Reflect A Shift In Paradigm, Part 2 Authored by Alasdair Macleod via GoldMoney.com, In the first part of this report, we highlighted...
Demand for rentals is surging. Hopeful tenants are competing for apartments in regions with 95% occupancy or higher. These are the hottest large and small...
Typically, good economic data is bad for mortgage rates, especially in this environment. But added supply is a positive.
Local markets is a HousingWire magazine feature spotlighting housing trends in five markets across the country.
The rebalancing of the housing market has been felt the most in areas where affordability is stretched The post The U.S. Has Lost 58 ‘Million-Dollar’...
Lead Analyst Logan Mohtashami explains we can still get a big jobs number while the unemployment rate increased.
What Rent Drop? New York Median Rent Rises For 18th Consecutive Month To $4,095 Rents across the country may be finally sliding amid a "crush"...
After another challenging week, the housing market should see seasonal housing inventory increase in the next couple of weeks.
First-Time Homebuyers Are Absolutely Screwed Right Now Despite a recent softening in the US housing market, a combination of rising borrowing...
Given how high inflation is right now, why aren’t mortgage rates even higher? Lead Analyst Logan Mohtashami explains.
Only one in five homes listed in 2022 was affordable for a typical U.S. household.
From the MBA: Mortgage Applications Decrease in Latest MBA Weekly SurveyMortgage applications decreased 5.7 percent from one week earlier, according to data from the Mortgage Bankers...
Futures Rebound As China Economy Roars Back, Dollar Tumbles US equity rebounded from Tuesday's month-end pension and CTA selling boosted by...
After a 4.65 per cent increase in interest rates this past year, why isn’t the U.S. economy tanking? And why aren’t retail sales plummeting? One...
- by New Deal democratAs I’ve repeated many times in the past 10 years, in housing prices follow sales with a lag. Housing permits and starts...
Apartment Rents Slide Across All US Cities Amid "Crush" Of New Supply Back in September, when looking at various leading rental market indicators,...
The housing market madness persisted last week as inventory fell and higher mortgage rates took a big bite out of purchase applications.
- by New Deal democratNew home sales are very noisy, and are heavily revised, which is why I pay more attention to single family housing permits....