Your paycheck may be growing, but “inflation contagion” is eating up those gains—and then some. Despite some frustrating macro headlines, there are real silver linings in the housing market worth paying attention... Read more »
If you’re looking for a newly built home in the city, there are typically fewer options than in the suburbs. Suburban building dominates the current market for new homes, with only 10%... Read more »
Mortgage purchase application data Traditionally I don’t count the data from last two weeks of the year and first week of the new year due to the holidays, so last week was... Read more »
Mortgage spreads and the 10-year yield Mortgage spreads have been very damaging to housing demand over the past few years, as they’ve kept rates more elevated than normal. However, 2026 will be... Read more »
A short recap of the 2025 forecast In 2025, my forecast was for the 10-year yield to range between 3.80% and 4.70%, and mortgage rates to range between 5.75% and 7.25%. The... Read more »
A short recap of the 2025 forecast In 2025, my forecast was for the 10-year yield to range between 3.80% and 4.70%, and mortgage rates to range between 5.75% and 7.25%. The... Read more »
Despite the modest uptick, price growth remains near its weakest pace since mid-2023 and continues to trail consumer inflation. Annual gains were less than one-third of the 5.1% average home price increase... Read more »
2025 Data Now I don’t count the last two weeks of the year because all the weekly housing data gets impacted by the holidays and the first few days of the new... Read more »
From NAR: “Existing-home sales increased for the third straight month due to lower mortgage rates this autumn,” said NAR Chief Economist Lawrence Yun. “However, inventory growth is beginning to stall.” My central theme... Read more »
“Higher mortgage rates change the math for buyers and sellers alike,” said Joel Berner, senior economist at Realtor.com. “Renovated homes still catch buyers’ eyes, but financing the cost of those improvements at... Read more »