Newsletter

• Opinion: Don’t blame SFR companies for lack of inventory Sep. 23rd 2022
  The age-old laws of supply and demand are driving home-price growth, not the purchase activities of large SFR companies. The post Opinion: Don’t blame SFR companies for lack of inventory appeared first on HousingWire.

• Latest S&P Global PMI results signal lingering inflation  Sep. 23rd 2022
  The latest S&P Global U.S. purchasing managers index (PMI) numbers are out this morning, Sept. 23, and the results are mixed at best — indicating that inflation is abating some but is far from tamed. The post Latest S&P Global PMI results signal lingering inflation  appeared first on HousingWire.

• The housing market slowdown has only just begun: Fannie Mae Sep. 21st 2022
  The housing market recession is in full swing – Fannie Mae now projects $2.44 trillion in originations this year and $2.17 trillion in 2023. The post The housing market slowdown has only just begun: Fannie Mae appeared first on HousingWire.

• Existing home sales continued their slide in August Sep. 21st 2022
  Existing home sales continued to fall in August, as homebuyer demand cooled further as a result of the Federal Reserve’s inflation-busting policy. The seasonally adjusted sales rate for existing homes fell 0.4% month over month in August to a rate of 4.80 million, according to a report from the National Association of Realtors (NAR) released Wednesday. This is [....] The post Existing home sales continued their slide in August appeared first on HousingWire.

• What does the new normal for first-time homebuyers look like? Sep. 20th 2022
  The primary driver of current housing demand is first-time homebuyers. So, what does this housing market environment look like for them? The post What does the new normal for first-time homebuyers look like? appeared first on HousingWire.

• Housing starts rise in August even as builder confidence falls Sep. 20th 2022
  The number of housing starts rose higher than anticipated in August, but the future looks gloomy due to a drop in building permit demand. The post Housing starts rise in August even as builder confidence falls appeared first on HousingWire.

• Homebuilders up the incentives to bring buyers to the table Sep. 19th 2022
  With mortgage rates over 6%, homebuilders are using incentives to bolster sales, including mortgage rate buydowns, free amenities and price reductions. The post Homebuilders up the incentives to bring buyers to the table appeared first on HousingWire.

• Fed’s Beige Book offers grim news for housing industry Sep. 14th 2022
  The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. The post Fed’s Beige Book offers grim news for housing industry appeared first on HousingWire.

• Local Markets: The housing news in five U.S. communities Sep. 12th 2022
  We examine five housing markets, including Austin, Texas, and Sioux Falls, South Dakota, to see the trends across the nation. The post Local Markets: The housing news in five U.S. communities appeared first on HousingWire.

• Are we seeing a mortgage rate lockdown? Sep. 12th 2022
  Mortgage rates got as low as 2.5% in 2021 and as high as 6.25% in 2022. But it's not rates but the new listing data that got my attention. The post Are we seeing a mortgage rate lockdown? appeared first on HousingWire.