Affordability challenges will limit growth in home sales to 0.5 percent this year — to just 4.78 million — before surging to 5.19 million in 2025, according to the latest housing forecast from Fannie Mae economists. Continue reading
Lending industry leaders surveyed by Fannie Mae see the lack of housing supply as the biggest risk factor in 2024, but most expect refinancing to pick up next year if rates continue to fall. Continue reading
Does the rapid slowdown in the economy mean a recession is now inevitable in the new year, or is a “soft landing” still possible? Economists are divided on the nation’s economic outlook for 2024. Continue reading
A recent working paper by the Federal Reserve Bank of Cleveland explores a new way to measure rent in the CPI that could give earlier insight into the direction of consumer housing costs. Continue reading
Windermere Real Estate Chief Economist Matthew Gardner offers his 2024 forecast for interest rates, home values and the potential for a housing market recovery. Continue reading
There are currently 45 million Americans aged between 25 and 34 — and most aspire to homeownership. However, according to Windermere Real Estate Chief Economist Matthew Gardner, the massive price growth many of us have benefitted from over the past sev… Continue reading
There’s a widespread belief that Americans have all packed up and moved because of the pandemic. At face value, it’s quite credible, according to Windermere Real Estate Chief Economist Matthew Gardner, especially given the level of 2021 home sales. But… Continue reading
Other than when home prices crashed with the bursting of the housing bubble, for more than 50 years, home price growth has outpaced inflation. According to Windermere Real Estate Chief Economist Matthew Gardner, this means we are offsetting high consum… Continue reading
Although still in its infancy, blockchain and crypto continue to evolve, garnering significant interest from individuals and large corporations alike. Windermere Real Estate Chief Economist Matthew Gardner shares insights to help you and your clients u… Continue reading