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Housing Market

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Is it a good time to sell a house? ‘No’ is increasingly the answer

May 7, 2025 by bp56691
Is it a good time to sell a house? ‘No’ is increasingly the answer
Despite tariff concerns, the April Home Purchase Sentiment Index from Fannie Mae ticked up by 1.1 points compared to March.
Categories Altos, Consumer confidence, Data & Visuals, Fannie Mae, Homebuyers, Housing Market, HWmember, Tariffs

The Fed is preparing for rate cuts, but waiting on job losses

May 7, 2025 by bp56691
The Fed is preparing for rate cuts, but waiting on job losses
Powell emphasized that if the labor market deteriorates, the Fed has the ability to cut rates appropriately to mitigate the labor damage.
Categories Federal Reserve, Housing Market, HWmember, Inflation, Jerome Powell, Tariffs

Trump wants to cut rental assistance. His first-term budget requests show he’s serious

May 6, 2025 by bp56691
Trump wants to cut rental assistance. His first-term budget requests show he’s serious
The Trump administration released an outline for its 2026 federal budget proposal on Friday — and it calls for steep cuts to HUD programs.
Categories Affordable Housing, Data & Visuals, Donald Trump, Homelessness, Housing Market, HUD, HWmember, Politics, Public Housing, Rental Assistance

Home sales disappoint at the end of April

May 5, 2025 by bp56691
Home sales disappoint at the end of April
Weekly single-family home sales came in 8% below the same time last year, and condo sales came in 19% fewer.
Categories Affordability, Altos, Existing home sales, Home Prices, Home Sales, Homebuying, Housing Market, Housing Market Data, New Home Sales, Pending Home Sales, Real Estate

Why this week’s Fed meeting is critical for mortgage rates

May 4, 2025 by bp56691
The Fed has adjusted its inflation targets, primarily in response to the trade war and the anticipated shortages if agreements aren’t reached.
Categories Federal Reserve, Housing Market, HWmember, Inflation, Mortgage Rates, Tariffs

The labor market is still keeping mortgage rates elevated

May 3, 2025 by bp56691
The labor market is still keeping mortgage rates elevated
To get mortgage rates below 6% with duration, we need to see the labor market break, which hasn’t happened yet.
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications

4 charts that show why Florida’s housing markets are struggling

May 1, 2025 by bp56691
4 charts that show why Florida’s housing markets are struggling
Florida’s housing markets were as hot as any after the pandemic began, but now they’re among the coldest due to macroeconomic headwinds.
Categories Altos, Data & Visuals, Florida, Home Price Appreciation, Housing Inventory, Housing Market, HWmember, Jacksonville, Miami, Orlando, Pending Home Sales, Tampa

Easter-driven home sales dip masks recent growth

April 28, 2025 by bp56691
Easter-driven home sales dip masks recent growth
Last week’s pending home sales fell to 68,000 single-family contracts, a Easter lull that marks the first sub-2024 weekly tally in six weeks.
Categories Affordability, Altos, Existing home sales, Home Prices, Home Sales, Housing Inventory, Housing Market, Housing Market Data, Housing Market Tracker, Interest Rates, Mortgage Rates, New Home Sales, Pending Home Sales, Real Estate

Mortgage rates settle down after wild ride

April 26, 2025 by bp56691
Mortgage rates settle down after wild ride
Last week, mortgage rates and the 10-year yield slowly moved lower as the week progressed. Can this relative calm last?
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications

HUD reinstates nonprofit’s affordable housing grants after appeal

April 25, 2025 by bp56691
The restored Community Compass and Distressed Cities agreements allow the Cleveland-based nonprofit to resume work supporting communities facing economic hardship.
Categories Affordable Housing, Cleveland, Enterprise Community Partners, Government Lending, Government-Sponsored Enterprise, Housing Market, HUD
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