Mortgage spreads are the hero of the 2025 housing market
Mortgage spreads are the hero of housing in 2025, quietly helping housing demand pick up even when nobody else notices. What are mortgage spreads? In the slow dance between the… Read more »
Category: Housing Market Tracker
Housing inventory growth is starting to stall
Housing inventory growth is starting to stall, despite elevated mortgage rates. As new listings begin their seasonal decline, we might have already reached our peak percentage growth rate for 2025…. Read more »
Better mortgage spreads are capping rates in 2025
Another jobs week has come to an end, and amid the chaotic headlines about job numbers, tariffs, and the leadership of the Treasury, mortgage rates remained calm. Better mortgage spreads… Read more »
Housing demand firming up with lower mortgage rates
Housing demand is very seasonal, so the fact that our pending contract data is firming up lately just shows that lower mortgage rates have stabilized and firmed up demand recently…. Read more »
Did lower mortgage rates slow housing inventory growth?
My model for inventory growth with higher mortgage rates came crashing down last week. After two weeks of significant increases, inventory growth slowed dramatically and is far from my 11,000-17,000… Read more »
Finally, some healthy housing inventory growth
Housing inventory finally hit my target level of growth last week with mortgage rates now over 7.25%, something I couldn’t get all last year. Of course, what is different this… Read more »
Housing demand rises as inventory falls
Housing demand is up and it’s time to track the spring housing data and see what the selling season will bring. As I always stress, we are working from the… Read more »
Existing home sales are working from a historic low bar
Today, we saw existing home sales slip a bit month to month, which isn’t surprising to me as purchase application data started its positive run in November. That data line… Read more »
Housing Market Tracker: Inventory is negative YOY
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… Read more »