Was 2025 the Housing Market ‘Crash’ This Cycle?
While last year was the worst year since the GFC in terms of home price growth, 2026 is slated to be another typical UP year… Read More »Was 2025 the Housing Market ‘Crash’ This Cycle?
Housing Market
Commentary on the latest housing market news, with a focus on home prices, buying and selling conditions, and if another housing crash is right around the corner.
Hint: It probably isn’t for a while, at least with regard to home prices. Though you could argue there’s a major affordability crisis at the moment.
In short, a lack of for-sale supply continues to plague the housing market.
This absence of inventory has resulted in record high home prices, despite a surge in mortgage rates from the 2-3% range to 7% and higher.
And it’s probably hurting first-time home buyers the most, whether it’s an affordability issue or the inability to find a property.
At the same time, home sellers remain in a good spot due to this lack of supply and still relatively strong demand.
The problem for them might be finding a suitable replacement property.
Mortgage Rate Lock-In Is Still Alive and Well Despite Some Improvement
By now you’ve likely heard of mortgage rate lock-in. It’s the theory that homeowners won’t move if they have mortgage rates well below prevailing market… Read More »Mortgage Rate Lock-In Is Still Alive and Well Despite Some Improvement
The Median First-Time Home Buyer Age Isn’t Really 40
Last year, we were told that the first-time home buyer age surged to a record high 40 years old! The bad news was delivered by… Read More »The Median First-Time Home Buyer Age Isn’t Really 40
The Problem with Trump’s Plan to Build More Homes
President Trump has called on the big home builders to build more homes in a new social media post. It’s no secret that housing affordability… Read More »The Problem with Trump’s Plan to Build More Homes
2026 Conforming Loan Limits Get Early Boost, But Point to Slowing Home Price Gains
So far, at least three large mortgage companies have upped conforming loan limits ahead of time for 2026. This has been somewhat customary lately as… Read More »2026 Conforming Loan Limits Get Early Boost, But Point to Slowing Home Price Gains
Are We on the Cusp of Another Housing Boom?
Over the weekend, I spent time with a friend who is currently in the market to buy a home. He and his family already found… Read More »Are We on the Cusp of Another Housing Boom?
Home Builders Unloading Inventory Today Looks Nothing Like the Early 2000s
Lately, the home builders have been struggling to sell homes. And the culprit has been affordability. In June, new single-family home sales fell to an… Read More »Home Builders Unloading Inventory Today Looks Nothing Like the Early 2000s
Fannie Mae Forecasts Lower Mortgage Rates, Less Home Price Appreciation in 2026
While it’s a difficult concept to wrap one’s head around, it is possible to see lower mortgage rates and slowing home price appreciation. Most people… Read More »Fannie Mae Forecasts Lower Mortgage Rates, Less Home Price Appreciation in 2026
Powell Signals There Won’t Be Shortcuts on Rate Cuts or Path to Lower Mortgage Rates
The big Fed decision yesterday was keeping rates unchanged. Everyone knew that was going to be the case and didn’t bat an eye. However, things… Read More »Powell Signals There Won’t Be Shortcuts on Rate Cuts or Path to Lower Mortgage Rates
Cheaper HELOC Rates, Cash Needs Might Finally Lead to a Home Equity Lending Boom
A new report found that the typical monthly payment to borrow $50,000 via a home equity line of credit (HELOC) has dropped by about $100… Read More »Cheaper HELOC Rates, Cash Needs Might Finally Lead to a Home Equity Lending Boom