Mortgage rates and the 10-year yield both hit yearly highs after the Friday massacre in the bond market, as we didn’t get any positive news on ending the conflict in Iran. Even with all that, our weekly pending home sales data is still positive year over year, for now. The weekly mortgage purchase application data […]
Mortgage rates are at yearly highs, but housing demand is still positive Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now In January, the Trump Administration released a new executive order seeking to limit the role of large institutional investors in single-family homes and promote greater access to homes for families and local buyers.
The real fix for housing: Reform 1031s and HUD sales Read More »
The nation’s housing market is settling into a “more sustainable equilibrium,” according to real estate analytics firm HouseCanary. Processing Content More homes nationwide went under contract in April compared to the same time last year, while the median closing price was up over 5% in the same timeframe, the firm reported this month. Inventory growth,
Housing market approaching equilibrium: HouseCanary Read More »
One positive housing story that really isn’t getting any love is the inventory growth we have seen since the lows of 2022. Why is that positive? Well, more inventory means more choices, a better buyer’s market, and less price growth — all things the housing market needs to get healthy again. I believe this is one
Inventory growth making housing more affordable Read More »
Sales of previously owned US homes barely rose in April from a nine-month low, underscoring a sluggish housing market at the start of the spring-selling season. Processing Content Contract closings edged up 0.2% to a 4.02 million annualized rate, according to National Association of Realtors data out Monday. That was slightly slower than the median
US home resales barely rise as key selling season begins Read More »
Blackstone Inc., one of the largest institutional owners of single-family homes in the US, is launching a new lending platform for homebuilders. Processing Content The venture, supported by Blackstone affiliate Brio Homebuilder Solutions, aims to help build more than 50,000 homes annually so they can be sold to the public, the investment giant said in
Blackstone to offer loans to help build 50,000 US homes a year Read More »
Housing data once again remained resilient last week even as mortgage rates are closer to yearly highs than lows, with demand hitting multiyear highs in our weekly pending home sales data. Housing isn’t booming by any means, but it’s holding up well considering all the drama we have had in 2026. Also, our weekly active
Positive housing demand leads to inventory almost going negative YOY Read More »
US new-home sales rose in March by more than forecast as the median selling price slid to a more than four-year low and builders offered incentives. Processing Content New single-family home sales increased 7.4% from February to an annualized 682,000 pace, the fastest this year, according to government figures out Tuesday. The median estimate in
New-home sales increased in March to fastest pace of year Read More »
Mortgage spreads are once again the unsung hero for housing in 2026 because they are the sole reason why mortgage rates have been under 6.65% the entire year! Last week, the benefits of mortgage spreads being close to normal were very evident: if we currently had the highest levels of mortgage spreads in 2023, 2024
Mortgage spreads are the only thing keeping rates under 7% Read More »
The S&P Cotality Case-Shiller Home Price Index rose just 0.7% year-over-year in February, down from 0.8% in January. For the ninth consecutive month, inflation outpaced home price appreciation. Consumer prices rose 2.4% — leaving any housing gain deep in negative territory in real terms. Chicago led all Case-Shiller metros at 5.0% annual growth, followed by
Case-Shiller: Home price growth remained slow in February Read More »