articles the-housing-market-is-still-savagely-unhealthy 
Housing Wire
APRIL 18, 2024
Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. From NAR : The median existing home price for all housing types in March was $393,500, an increase of 4.8% All four U.S.
Housing Wire
JUNE 21, 2022
The housing nightmare continues. But, the savagely unhealthy data line was that home prices are up 14.8%. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8% NAR Research : The median existing-home price for all housing types in May was $407,600, up 14.8% million , down 3.4%
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Housing Wire
NOVEMBER 18, 2022
On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. This is happening, and in the long run, this is a plus for the housing market.
Housing Wire
MARCH 31, 2022
Are we headed to a housing bubble? The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. Housing Bubble. The online reaction was immediate — housing must be about to crash. For the housing bubble 2.0 I disagree with this conclusion. Let me explain.
Housing Wire
JANUARY 5, 2023
The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. So where does all that drama leave us for 2023?
Housing Wire
MARCH 21, 2024
This is why we created the housing market tracker articles to keep everyone versed in forward-looking demand and the forward-looking demand was getting better as mortgage rates fell from 8% to below 7%. Today’s existing home sales report was a massive beat , similar to what happened last year in this month. million in February.
Housing Wire
APRIL 8, 2022
Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. In time, markets always find balance and balance is a good thing. But, that doesn’t mean housing is going to crash. However, a cool-down in prices is not the same thing as a housing crash.
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