According to Logan Mohtashami of Housing Wire, the inflation picture has charted a course for a potential rate drop as early as 2024. June CPI data shows that 90% of…
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Newsletter:
What is the rate lock effect?
Nicole Friedman of the Wall Street Journal opens us up this week, talking about how homebuilders are busier than ever trying to keep up with the growing demand for housing.…
Good news soft landing, bad news housing
Fannie Mae reported economic data last week suggesting we may be in for a soft landing. Adjusted for inflation, GDP growth increased by 2.4% in Q2 2023, an acceleration of…
What are rental housing junk fees?
Carl White of the Federal Reserve Bank of St. Louis writes about distress in the commercial real estate market, highlighting that rising rates, high inflation, recession concerns, and work-from-home have…
Inflation cooling in mid-2023
The Consumer Price Index (CPI) increased 0.2% in June, following another 0.1% jump in May. but core CPI rose only 0.2% month-over-month compared to 0.4% in May, according to Orphe…
Will we see 8% interest rates by end of 2023?
Lucia Mutikani of Reuters reports on the jobs data released last week showing that the U.S. added the fewest jobs in 2.5 years in June; however, wage growth points to…
What happened when the Netherlands banned landlords
A few weeks ago, researchers from the University of Amsterdam and Erasmus University released a paper outlining the effect a landlord ban had on housing supply and affordability. On January…
Report: We need 4.3M more housing units in the U.S.
Chris Clow of HousingWire opens up the week by reporting that the U.S. Department of Housing and Urban Development (HUD) announced the establishment of a new Office of Manufactured Housing…
A 2023 housing crash is unlikely, here’s why
Despite the Fed’s rate pause last week, Howard Schneider and Michael S. Derby of Reuters report that Fed Chair Jerome Powell left it open for two more rate hikes before…
