Tag Archives: housing market

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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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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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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The Housing Recovery–Part II

The Mortgage Corner Existing-home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the strongest pace since February 2024 (4.38 million). FREDexistinghomesales The huge jump in existing-home sales on still very high mortgage rates illustrates … Continue reading

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Will Housing Recover?

The Mortgage Corner Total existing-home sales[1] – completed transactions that include single-family homes, townhomes, condominiums and co-ops – improved 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November. Year-over-year, sales bounced 6.1% (up from 3.91 … Continue reading

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Our Housing Problem

The Mortgage Corner We know we have a housing shortage, but not how to fix it. Politicos are finally beginning to take notice because of the damage that has been done—especially to working Americans who can no longer afford a … Continue reading

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How Do We Solve It?

The Mortgage Corner I speak of the housing shortage, as much as 2 million residential units—owner-occupied and rental units—according to housing economists. What is to be done with mortgage rates at historic highs and material shortages everywhere? Much of it … Continue reading

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