Here are new listings for last week over the past several years: 2024: 62,876 2023: 57,229…
Tag: Housing Inventory
Have higher mortgage rates already reversed housing demand?
The Federal Reserve cut rates by 0.50% on Sept. 18 and mortgage rates and bond yields…
Housing demand firming up with lower mortgage rates
Housing demand is very seasonal, so the fact that our pending contract data is firming up…
Chicago housing market normalizing after unprecedented volatility during the pandemic
Like many other big cities across the country, the COVID-19 pandemic wasn’t kind to Chicago. People…
Are these the lowest mortgage rates we’ll see in 2024?
Have we seen the bottom in mortgage rates for 2024 after a crazy roller coaster ride…
Lower mortgage rates attracting more homebuyers
An often misguided premise I see on social media is that lower mortgage rates are doing…
Can mortgage rates go even lower?
If we took the worst levels of the spreads from 2023 and incorporated those today, mortgage…
Will homebuyers come back this fall?
This week the available inventory of homes for sale inched down across the country. It was…
Housing inventory falls as mortgage rates drop
Have we seen the peak in housing inventory for 2024? The best part about 2024 has…
Inventory is declining in key markets
Unsold inventory in the two biggest housing markets in the country, Texas and Florida, declined this…