Housing Wire

JANUARY 12, 2022

Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020. Unfortunately, that didn’t happen and recent data shows that we are at fresh new all-time lows in housing inventory, with mortgage rates and the unemployment rate both under 4% currently. Houston, we have a problem.

Days on market 537

Days on market Loans Mortgages Sales 537

Housing Wire

APRIL 8, 2022

One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. Here’s a point-by-point comparison of what I said before April 10, 2020 and where we are today. Can this last?

Marketing 397

Marketing Lending Short sale Equity 397

Housing Wire

OCTOBER 31, 2022

The Federal Reserve will hold another meeting this week, where everyone assumes we will get another 75 bps rate hike. The question is: how many more rate hikes are left? And, once they’re done hiking rates, will the Fed need to keep rates high because the consumer balance sheet looks so good?

Bankruptcy 516

Bankruptcy Lending Equity Mortgages 516

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

Mortgages 542

Mortgages Sales As-is Construction 542

Marco Santarelli

AUGUST 5, 2020

Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Earlier, in the first quarter, some economists had predicted that housing prices would fall in 2020 but such forecasts are losing grounds as the U.S. houisng markets for the foreseeable future.

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

Marco Santarelli

JUNE 12, 2021

There’s a tremendous amount of pent-up demand for entry-level single-family homes. to $313,900 as of April 2021. The dollar volume in April 2021 was $2.0 YoY in April while the median sales price was up 16.8% The report compares key housing metrics of the “Tampa MSA” from April 2021 with April 2020.

Marketing 145

Marketing Investor Residential Sales 145

Marco Santarelli

AUGUST 18, 2020

The government shutdown has chilled economic activity across the board. What is it doing to the Boston housing market? And what can we predict for the future of the Boston real estate market? We will discuss the latest trends & prices and find out how they can affect the investors and homebuyers of Boston in the latter half of 2020.

Marketing 124

Marketing Purchase and sale agreement Investor Sales 124