US economy avoids recession yet again — no thanks to real estate

With the gross domestic product eclipsing expectations in 2Q, the US appears to have avoided a long-predicted recession, even as the real estate industry remains mired in a deep contraction. Continue reading

A reason for the luxury slowdown? We may be in a ‘richcession’

Luxury home sales slowed faster than lower-priced homes. Crypto, tech stocks and proptech values plummeted. Is the slowdown impacting wealthy buyers more? Continue reading

What does ‘housing recession’ even mean? Economists don’t really know

The phrase “housing recession” has exploded in popularity, according to an analysis of search terms. But pinning down what it means and where it originated is surprisingly difficult, experts told Inman. Continue reading

Making sense of the headlines: Why is there a housing shortage?

Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner discusses the housing shortage and what drives the price for new homes up. Continue reading

Making sense of the headlines: What will happen with interest rates?

Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner talks through the 30-year mortgage and how rates will move the rest of this year. Continue reading

Making sense of the headlines: Is the jumbo mortgage market collapsing?

Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner talks through the volatility of the jumbo mortgage market and what it means. Continue reading

Making sense of the headlines: How will the housing market fare?

Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner shares why the housing market is poised for a healthy rebound. Continue reading