Category: purchase applications

Is housing inventory about to turn negative year over year?

Is housing inventory about to go negative? Since mid-June 2025 I’ve been writing that housing market dynamics have shifted, which we could already see in our HousingWire data while it… Read more »

Housing demand is up and inventory is down, even with Iran conflict

In the crazy world of economics, with all the drama last week, it was a pretty normal housing week. Housing data showed year-over-year growth, weekly pending home sales rose, inventory… Read more »

Weekly pending home sales back to year-over-year growth as we head into spring

Weekly pending home sales, which had shown year-over-year growth up until the late-January snowstorm, got back on track with year-over-year growth again last week. One thing to remember about our… Read more »

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 »

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 »

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 »