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Housing Market Tracker

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Rising inventory is the most positive housing market story in 2024

December 28, 2024 by bp56691
Rising inventory is the most positive housing market story in 2024
The most positive development in the housing market over 2024 has been the increase in active housing inventory,
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, New listings, Purchase Applications

Housing market data positive despite Powell’s Grinch act

December 21, 2024 by bp56691
Housing market data positive despite Powell’s Grinch act
Fed Chairman Jerome Powell played the Grinch last week, but there are plenty of positive signals in the housing market data headed into 2025.
Categories Federal Reserve, Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

Housing demand resilient even with higher mortgage rates

December 14, 2024 by bp56691
Housing demand resilient even with higher mortgage rates
Despite higher mortgage rates last week, housing demand is displaying some festive resilience as we are seeing a seasonal bounce.
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

Housing demand still showing double-digit growth

December 7, 2024 by bp56691
Housing demand still showing double-digit growth
Last week, we witnessed a Santa Claus rally in mortgage rates amid improved housing demand. What will happen in the next few weeks?
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, New listings, Purchase Applications

Will we see a Santa Claus rally in mortgage rates?

November 30, 2024 by bp56691
Will we see a Santa Claus rally in mortgage rates?
Despite initial concerns that tariffs would push mortgage rates up to 8%, this week has brought some encouraging news.
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

How are mortgage rates affecting housing demand?

November 23, 2024 by bp56691
How are mortgage rates affecting housing demand?
It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand.
Categories Housing Demand, Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

Mortgage rates dodge a bullet — for now

November 16, 2024 by bp56691
Mortgage rates dodge a bullet  — for now
Last week we were at risk of breaking a key level in the bond market, which could have sent mortgage rates much higher.
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

Housing inventory drops noticeably on election week

November 10, 2024 by bp56691
Housing inventory drops noticeably on election week
Last week, we saw a noticeable decline in both active inventory and new listings for election week. Is this just the normal seasonal decline?
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications
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