How are homebuilders positioned heading into spring? It’s all about mortgage rates as they move through a backlog of unfinished homes.
Housing Market Tracker: Purchase apps jump 25%
Last week’s housing market data provided mixed news, but the year-over-year purchase app numbers were the big story.
Housing inventory under 1M again as sales collapse
Total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people.
For mortgage rates to get better, we need more housing completions
The Census Bureau’s housing starts report for December shows that housing completions are still too slow and we are running out of time.
Housing Market Tracker: Good news on inventory
The Housing Market Tracker shows weekly inventory rose slightly and with mortgage rates falling, more people should list their homes.
Mortgage rates have peaked along with inflation
If you want a soft landing, this is the inflation data you want to see, something I talked about last year, even on recession watch.
Mortgage rates have peaked along with inflation
If you want a soft landing, this is the inflation data you want to see, something I talked about last year, even on recession watch.
Housing Market Tracker: A notable drop in inventory
The housing market saw inventory fall 4% last week and is on the cusp of breaking under 1 million total active listings.
Solid jobs report sends mortgage rates lower
We ended 2022 on a solid note as 4.5 million jobs were created — and we still have more than 10 million job openings.
Logan Mohtashami’s 2023 housing market forecast
Logan Mohtashami lays out his housing market forecast for 2023 looking at home prices, mortgage rates and housing inventory.
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