Remove articles is-the-housing-market-cooling-down
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Housing inventory fell last week, but it won’t derail the spring bump

Housing Wire

Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. But, despite the weekly moves, the one bright spot for housing is that housing inventory is growing on a year-over-year basis.

Inventory 464
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Solid jobs report sends mortgage rates lower

Housing Wire

Mortgage rates fell aggressively down to 6.20%, putting us at more than 1% below the highs of 2022. The bond market saw that wage growth was cooling down, leaving the Federal Reserve with few reasons to keep the rate hike story going much longer. Can we have a soft landing in the economy? Job report. percent, the U.S.

Mortgage 545
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Why higher rates aren’t crashing home prices

Housing Wire

Home prices aren’t crashing, despite what the housing bubble boys are saying. The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. Well, it’s June 9, 2023, and home prices have been firm month to month, not showing anything that resembles the housing bubble crash years.

Inventory 546
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Is the housing market cooling down?

Housing Wire

The housing market continues to be hot in most of the country, but there are signs that the party may be coming to an end. From putting context around housing starts to explaining how housing data will moderate, it’s safe to say that there was a lot to cover. The post Is the housing market cooling down?

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Is inflation or recession driving mortgage rates now?

Housing Wire

As we can see from the chart below, while the inflation data is cooling down, it’s not cooling down fast enough for the Fed. To even have something remotely close to 1970s inflation, you need a massive housing boom. As you can see below, rent inflation took off in the 1970s. percent in January, the U.S.

Mortgage 382
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Housing Market Tracker: Inventory is negative YOY

Housing Wire

Housing inventory finally broke under 2022 levels last week. We have often discussed that the housing market dynamics changed starting Nov. We have often discussed that the housing market dynamics changed starting Nov. In March of 2022 we had the lowest inventory levels ever recorded in history.

Inventory 450
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Housing 2020 recap: Demographics popped the housing bubble boys

Housing Wire

On April 7, in an article for HousingWire , I proposed an economic model that showed what needed to happen for us to proclaim that “America is Back.” 8, will go down in history as V-Day, the day the vaccine was released, and the beginning of our victory over COVID-19. Adventure and excitement were out, and safety was in.