Home sales will cool off for the rest of this year and next: Fannie Mae

Projected growth in new home sales wouldn’t offset expected drop in existing home sales, according to Fannie Mae’s latest monthly forecast. Continue reading

Homebuyer sentiment ticks up for the first time since March

Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale. Continue reading

Despite higher inventory levels, market is still ‘remarkably tight’

Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and shares why the market is still far from balanced. Continue reading

Keller Williams on inflation, cooling prices, inventory uncertainty

Price growth is likely to slow down next year, and a correction may await on a more distant horizon, but 2022 should nevertheless be a good year for home sales. Tune into Inman’s Deep Dive on Keller Williams all week long. Continue reading

When will prices cool? Here are the factors at play

Home prices are spiraling out of control. There are several reasons prices just keep climbing, but it can’t last forever. Here’s what it’ll take for prices to even out.

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How inflation has impacted this broker

Inflation can have a deep and lasting impact on housing and the larger economy. Here, one broker steps back to recount what it was like during the 1970s inflation and what’s different now. Continue reading

If home prices don’t cool, watch for Fed tightening and rising mortgage rates

Economists at Fannie Mae are again sounding warnings that rising rents and record home price appreciation could contribute to long-lasting inflation that leads to earlier, more aggressive tightening by the Federal Reserve. Continue reading

What on earth is going on with lumber prices?

Even though lumber prices have ticked down a bit recently, they’re still drastically up from where they were last year. So, what’s happening? Here’s a breakdown. Continue reading

Why home prices aren’t actually as high as they appear

Windermere Chief Economist Matthew Gardner dives deeper into the topics of inflation and home values, explaining why, contrary to popular opinion, inflation-adjusted house prices really haven’t skyrocketed. Continue reading

‘Homebodies’ hampering housing market potential by not selling

“Homebodies” — homeowners who don’t want to give up their rock-bottom mortgage rates and seniors choosing to age in place — are keeping home sales from reaching their full potential, according to an analysis by First American Financial Corp. Continue reading