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Better inflation data won’t sway the Fed

Housing Wire

The Consumer Price Index data released Wednesday showed again that the breakaway 1970s-style inflation is not happening, even with an expanding economy and an unemployment rate under 4%. The headline inflation data came in lower than anticipated. As I am writing this article, it’s trading at 3.42%.

Mortgages 389
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The savagely unhealthy housing market is now a nightmare

Housing Wire

The housing nightmare continues. But, the savagely unhealthy data line was that home prices are up 14.8%. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8% home-price growth data. The only way this happens is higher rates. million , down 3.4% from last year.

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Is inflation or recession driving mortgage rates now?

Housing Wire

On Tuesday, we got more confirmation that the Federal Reserve ‘s biggest fear — inflation blowing up to 1970s levels — isn’t happening, according to the CPI data. Even with its most significant component, shelter inflation, keeping core CPI higher than it should be, it’s been hard to accelerate the core data.

Mortgages 371
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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. 2020 and 2021 easily each have over 6.2

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Portland Real Estate Market And Investment Overview 2020

Marco Santarelli

Things improved further in May when pending sales and new listings surged in the Portland housing market. The latest “PORTLAND HOUSING MARKET REPORT” is given below. The real estate trends from last year show us that Portland's hot housing market is cooling off. In April, things improved a bit. s $477,400. month supply.

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Seattle Real Estate Market & Investment Overview 2020

Marco Santarelli

Despite the economic downturn and disruptions stemming from the coronavirus pandemic, the Seattle housing prices are keeping strong and steady. Even with the market virtually shutting down, there isn't a great drop in the open house attendance or sales activity. July was a great month for the Seattle housing market.

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San Antonio Real Estate Market & Investment Overview 2020

Marco Santarelli

San Antonio housing prices rose by around 5% in the last year due to strong demand. Before this pandemic hit the nation, even though the San Antonio housing market had cooled off a bit, the home values were expected to climb but at a slower pace in 2020. The complete up-to-date San Antonio housing market report is given below.

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