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Housing market data positive despite Powell’s Grinch act Dec. 21st 2024
Fed Chairman Jerome Powell played the Grinch last week, but there are plenty of positive signals in the housing market data headed into 2025.Two charts that explain why Texas housing markets have stalled Dec. 21st 2024
Relatively cheap housing, low taxes, looser COVID-19 restrictions and an influx of major employers turned Texas housing markets into hotspots after the pandemic began in March 2020.Investor purchases are sinking with the housing market at large Dec. 20th 2024
According to data from CoreLogic, investor purchases have tracked closely with consumer home sales, and the share of home sales attributable to investors is down as well.Trade groups push for flood insurance extension ahead of potential government shutdown Dec. 20th 2024
With a federal government shutdown looming, housing and insurance groups are urging an extension of the National Flood Insurance Program.Homebuilders are using more buyer incentives since the election Dec. 20th 2024
Zonda reported that new-home sales increased in November as 23% of builders lowered prices, up from 18% in October.How New Hampshire is looking to alleviate its housing crisis Dec. 20th 2024
As the state’s population has grown, its housing supply — which was already beginning to tighten more than a decade ago — has failed to keep pace.Housing inventory is down everywhere except in pandemic hotspots. Here’s why. Dec. 19th 2024
Housing inventory shortages have stifled the market for years, but supply is rising in states that experienced inbound migration spikes during the pandemic.New Hampshire’s hot housing market has the state in crisis mode Dec. 19th 2024
The state’s population and economic growth are contributing to a housing crisis, which could spill into an economic crisis if action isn’t taken.All those 2025 mortgage rates forecasts are now wrong Dec. 19th 2024
It’s late December so all the 2025 mortgage rate forecasts have been published. Unfortunately, all of them are already wrong.Why did existing home sales grow with higher mortgage rates? Dec. 19th 2024
Existing home sales are reflecting the demand seen in purchase apps and pending contracts over the last few months.
