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?
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.
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
Redfin Expects Flat Mortgage Rates, Falling Home Prices for Remainder of 2025
A few months ago, Redfin proclaimed that a buyer’s market had finally arrived. It was the first time home sellers didn’t have the upper hand… Read More »Redfin Expects Flat Mortgage Rates, Falling Home Prices for Remainder of 2025
Here’s Why the Housing Market Isn’t Crashing Today
With home prices out of reach for many today, an obvious question has been when will the housing market crash? To be honest, this question… Read More »Here’s Why the Housing Market Isn’t Crashing Today
The Fight for Control of Real Estate Listings Heats Up as Zillow Plays Hardball
A new battle, or perhaps war, is underway for control of real estate listing data. Depending on who you ask, it’s about the consumer. Mostly… Read More »The Fight for Control of Real Estate Listings Heats Up as Zillow Plays Hardball
2025 Home Selling Tips to Get Top Dollar: How to Navigate a Cooler Housing Market
Let’s talk home selling tips. While still-high mortgage rates will undoubtedly make prospective home buyers feel stretched, there’s still plenty of hope for home sellers… Read More »2025 Home Selling Tips to Get Top Dollar: How to Navigate a Cooler Housing Market
Can the Housing Market Stomach a Return to 7% Mortgage Rates?
Yesterday, I wrote about how the uncertainty surrounding tariffs was hurting mortgage rates. In short, the market doesn’t know what to make of the tariffs… Read More »Can the Housing Market Stomach a Return to 7% Mortgage Rates?