Category Archives: Housing

Where’s the Housing Recovery?

The Mortgage Corner “Existing-home sales increased by 1.7% month-over-month in February, according to the National Association of REALTORS® Existing-Home Sales report. The report provides the real estate ecosystem—including agents, homebuyers and sellers—with data on the level of home sales, price, … Continue reading

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Housing Market Is Recovering

The Mortgage Corner WASHINGTON (October 23, 2025) – Existing-home sales increased by 1.5% month-over-month in September, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, including agents and homebuyers and sellers, with data … Continue reading

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Why the Housing Shortage?

The Mortgage Corner How can we recover from our housing shortage that has resulted in record homelessness and a lack of affordability for many young households? FREDhousingstarts There haven’t been enough homes built to satisfy prospective home buyers for a … Continue reading

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Can We Fix the Housing Shortage?

The Mortgage Corner “Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,428,000. This is 5.2 percent above the revised June estimate of 1,358,000 and is 12.9 percent above the July 2024 rate of 1,265,000. Single-family … Continue reading

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The Return of Stagflation

The Mortgage Corner “From the same month one year ago, the PCE price index for June increased 2.6 percent. Excluding food and energy, the PCE price index increased 2.8 percent from one year ago.” BEA.gov FREDpceinflation President Trump hasn’t succeeded in convincing … Continue reading

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When Will Housing Recover?

The Mortgage Corner “Overall, I expect tariffs to boost inflation by about 1 percentage point over the second half of this year and the first part of next year,” John Williams, New York Fed President. NPR The housing market is … Continue reading

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Interest Rates Coming Down?

The Mortgage Corner “Existing-home sales rose in May, according to the National Association of REALTORS®. Sales elevated in the Northeast, Midwest and South, but retreated in the West. Year-over-year, sales progressed in the Northeast and Midwest but contracted in the … Continue reading

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How Much LONGER Do We Wait?

The Mortgage Corner “The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent on a seasonally adjusted basis in March, after rising 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading

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How Long Must We Wait?

The Mortgage Corner Total existing-home sales[1] – completed transactions that include single-family homes, townhomes, condominiums and co-ops – progressed 4.2% from January to a seasonally adjusted annual rate of 4.26 million in February. Year-over-year, sales slid 1.2% (down from 4.31 … Continue reading

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Are Consumers In Danger?–Part II

The Mortgage Corner “In February, consumer confidence registered the largest monthly decline since August 2021, This is the third consecutive month on month decline, bringing the Index to the bottom of the range that has prevailed since 2022.” Stephanie Guichard, … Continue reading

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