The impact of lower mortgage rates on housing inventory
Year-over-year housing inventory growth has slowed to single digits, from 33% at one point last year to 9.99%. 2026 is off and running, and we had another crazy week of… Read more »
Category: purchase applications
Why did the growth rate of housing inventory drop by half this year?
This is the final Housing Market Tracker article for 2025 and we’re going to tackle why the inventory growth rate has been cut in half this year. At one point,… Read more »
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 »
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 »
Measuring the Severity of the National Housing Shortage
There is a severe housing shortage as a result of record-high home prices and rents in addition to record-low for-sale inventories and vacancies, according to a new analysis from the… 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 »