What the data shows Since the end of 2022, I’ve pointed out that people have continued to sell homes with low mortgage rates to buy others with higher rates. This is normal... 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 »
In a letter penned by Realtor.com CEO Damian Eales addressed to his housing industry colleagues, Eales asked others to recommit themselves to a shared common goal of “fighting for access for the... Read more »
ROAD to Housing Act With a goal of streamlined permitting, expanded infrastructure investments, and new developments to increases housing supply and affordability across the country, NAR has been a strong proponent of... Read more »
Weekly housing inventory data Housing inventory is now in its traditional seasonal decline for December, but the inventory growth story, which I was thrilled to see earlier in the year, has changed... Read more »
Yet many still expect growth, particularly in multifamily, senior and workforce housing. While only 29% of respondents plan to expand their activity in 2026, more than half believe access to affordable housing... 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 »
Mortgage purchase application data Mortgage purchase application data is a forward-looking indicator, as it typically takes about 30-90 days for purchase apps to lead to home sales. In some cases, it can... Read more »