The biggest mortgage rate stories of 2024
2024 was a disappointing year for those looking forward to a Fed rate cut cycle and what that could do to mortgage rates. Here’s a recap!
Housing Market
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The two big housing market trends to watch in 2025
All the housing market data for 2024 is in, and it’s fair to say that the housing market surprised us again! However, there are two big trends that stand out as we launch into 2025 — affordability and sellers in the market. The elephant in the room is affordability. Home prices finished 2024 up a […]
Pending home sales rise again as buyers capitalize on more inventory
The National Association of Realtors reported that pending home sales jumped 2.2% month over month and 6.9% year over year in November.
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,
Active listings climb as the end of 2024 nears
Months of supply edged up 0.6% year over year to 4 months, indicating a balanced market and cooling competition.
The homebuilders’ 2025 supply and demand problem
New home sales grew in the latest Census report, but homebuilders are now facing a supply issue — their inventory is building up.
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.
Two charts that explain why Texas housing markets have stalled
Relatively cheap housing, low taxes, looser COVID-19 restrictions and an influx of major employers turned Texas housing markets into hotspots after the pandemic began in March 2020.
Investor purchases are sinking with the housing market at large
According to data from CoreLogic, investor purchases have tracked closely with consumer home sales, and the share of home sales attributable to investors is down as well.
Trade groups push for flood insurance extension ahead of potential government shutdown
With a federal government shutdown looming, housing and insurance groups are urging an extension of the National Flood Insurance Program.