article thumbnail

Housing market data positive despite Powell’s Grinch act

Housing Wire

Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. Weekly pending sales The latest weekly pending contract data from Altos Research offers an exciting glimpse into the real-time dynamics of housing demand.

article thumbnail

Housing Market Predictions for 2025

Appraisal Buzz

This article was reposted with permission from Ramsey Solutions. The article originally appeared on the Ramsey Solutions Articles page. See original article here. If youre thinking about buying or selling a house and wondering about the housing market, youre not the only one. Is It a Buyers Market?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are we back to a normal housing market?

Housing Wire

In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. adjusted estimate of new houses for sale at the end of June was 353,000.

article thumbnail

Is the housing market really 20% overbuilt?

Housing Wire

Nevertheless, some supposedly erudite thinkers on the housing market are saying this, so I thought I should investigate. If the housing market was in the grips of some mass hysteria of irrational purchasing, we would expect to see certain hallmarks in the data. The post Is the housing market really 20% overbuilt?

article thumbnail

The 2021 housing market will be stronger than 2020

Housing Wire

This is the fourth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions. The 2021 housing market forecasts have focused on everything from home prices to mortgage rates. This article has been lightly edited for length and clarity.

article thumbnail

Existing home sales data: A bad sign for housing market?

Housing Wire

According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. In the last existing home sales article for HousingWire, I wrote that we should see some sales prints under 5,840,000. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis.

article thumbnail

How Delta variant may impact housing market

Housing Wire

The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal. This was my big fear. Become a member today.