Tag Archives: economy

Consumer homebuying sentiment has plateaued at ‘pessimistic’

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Most Americans polled by Fannie Mae last month said they would rather buy than rent, but a record-high 82 percent also said August was a bad time to buy. Continue reading →

Forecasters see home sales bottoming out this year, and then?

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MBA forecasters expect rates to ease and sales to rise next year, but Fannie Mae economists predict home sales will remain subdued even if the Fed pulls off a soft landing. Continue reading →

An economist’s take on housing prices, affordability, opportunity

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Windermere Chief Economist Matthew Gardner looks at the latest numbers and the markets that still offer affordable options. Continue reading →

Mortgage rate surpasses 7% in new 2023 high as demand falls again

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Even after adjusting for seasonal factors, applications for purchase loans fell for the fifth-straight week as mixed inflation data raised doubts that Fed will ease, pushing mortgage rates to new highs. Continue reading →

How Harvard’s housing report sees the current (and future) market

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With natural growth slowing, writes economist Matthew Gardner, states will recognize the importance of attracting new residents from other markets as domestic migration will become a more important driver of household growth and housing demand. Continue reading →

Americans resigned to high home prices, mortgage rates: Fannie Mae

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Consumer confidence in the housing market “appears to have plateaued at a relatively low level,” said Fannie Mae Chief Economist Doug Duncan in a new homeowner survey released on Friday. Continue reading →

Gain an edge on the fall housing market with Inman Access

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Watch the latest Access class featuring Realtor.com’s Chief Economist, Danielle Hale, for an informative behind-the-scenes look into what we can expect to see from the fall housing market Continue reading →

Did this economist nail his 2023 predictions (so far)?

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Windermere Chief Economist Matthew Gardner takes a look back at his pre-2023 market predictions to check his math and his accuracy. Continue reading →

Fed tightening likely to produce a ‘modest recession:’ Economists

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Fannie Mae forecasters say the Federal Reserve’s decision on how high and long to keep rates up presents “a major risk over the next year,” with a question of a downturn more a matter of “when” than “if.” Continue reading →

Jumbo mortgage rates rise as lenders pull back

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Rates for mortgages backed by Fannie and Freddie continue to ease despite Federal Reserve Chairman Jerome Powell’s tough talk on inflation, but liquidity issues put pressure on bigger loans. Continue reading →