articles mortgage-rates-trend-down-for-the-third-straight-week 
Housing Wire
JULY 2, 2023
Housing inventory finally broke under 2022 levels last week. To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940 while this year they only grew 5,848. Since May 15, that trend has continued to the point that inventory in America is now negative year over year.
Housing Wire
MARCH 26, 2023
The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. In a regular market, they would be closer to 5.25%.
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Housing Wire
NOVEMBER 18, 2022
The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. We needed to end this madness before we had prices escalate over 20% for another year.
Housing Wire
JANUARY 5, 2023
The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. So where does all that drama leave us for 2023?
Housing Wire
NOVEMBER 23, 2022
From Census: New Home Sales Sales of new single-family houses in October 2022 were at a seasonally adjusted annual rate of 632,000, according to estimates released jointly today by the U.S. percent)* above the revised September rate of 588,000, but is 5.8 I would be careful reading too much into this report or even the current trend.
Housing Wire
DECEMBER 20, 2021
COVID was a veritable iceberg for our ocean liner economy, but the ship did not go down! 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 forecast. The backstory.
The Close
SEPTEMBER 8, 2022
If you want to understand the trends, you’ll first need to know the numbers. Statistics in this article: Real Estate Agent Statistics. Those numbers may be leveling off, marking a return to a normal expansion rate. Related Article. Current home sales in 2022 are the second highest tally since 2007, trailing only 2021.
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