First‑time Buyers Finance 93% of Home Purchases
The denominator factor does play here On these monthly reports, if mortgage demand picks up on low-level sales activity, the first-time homebuyer % does increase. Housing shifted mid-June 2025, so easy YoY comp First-time home buyers do finance 93% of their purchases
Record High First‑Time Buyer Reads, Yet Denominator Matters
That's one of the highest first-time home buyer % reads in the past few years, mind the denominator factor here 🫡
Higher 70s Rates Spurred Faster Price Gains than 2020s
Home prices rose faster from 1977 to 1979 when mortgage rates went from 8%-13% than 2020-2022 when we had sub 4% https://t.co/R3HL21xwAW
Higher Rates Didn't Curb New Listings, Data Shows
New listings data that people use for the mortgage rate lockdown premise were lower in 2021, when rates were at 3%, than in the last two years, when rates were above 6%. https://t.co/O7Idz2TTNq
Purchase Applications Dip Weekly, Rise Yearly Amid Rising Rates
Purchase application data update -4% week to week +8% year over year Nothing too dramatic on the demand side yet with higher rates, but this is really week one of rates being over 6.64%, if rates head higher, as they have...
Rising Yields Drive Spike in Mortgage Rates
Today's podcast discusses the surge in yields and #mortgagerates @housingwire @sarahteresa6 #housing #realestate #mortgagespreads #chartdaddy
Existing Homes Dominate Market; New Construction Stays Under 120K
The majority of inventory (Active listings) comes from existing inventory channels, not new construction. They rarely go over 120K completed units for sale 4,000,000 in 2007 active inventory New homes were less than 200K Today, 1,470,000 active inventory New Homes 121K...
Mortgage Rates Hovering Between 7% and 7.6% Now
Hug a mortgage spread today, because Mortgage Rates in the past few years would have been between 7.05%- 7.65% today
Inventory Now Half of Normal, Far Below 2007 Peak
This is very true; the line drawn from the peak of inventory in 2007 wasn't meant to be a trendline. People don't know that inventory was at 4,000,000 in 2007, normal is 2-2.5 million, and currently at 1,470,000 Since most people...
Elevated Inventory and 6.5% Rates Should Stabilize Prices
It is true that inventory is expected to go negative YoY. However, unlike in 2023, the current inventory levels remain elevated, with rates near 6.50%. This should help keep prices stable. In 2023, prices rose by nearly 6%, even as...
Homeowners Dominate Sellers as Rates Shift Upward
Most sellers are home buyers, with nearly 86% of homeowners having rates between 2.75% and 4.75% before rates rose. The natural curve decline of the sub 5% group vs the rise of 6% plus group looks normal with total home...
Wages Outpace Home Prices, Boosting Housing Affordability
Quietly, the housing market is becoming healthier as wage growth outpaces home prices, which improves affordability. @housingwire @sarahteresa6 #housing #realestate #mortgagerates #economics #chartdaddy
Vacancy Data Exposes Doomer Narratives, Not Russian Trolls
If you really want to mess with their minds, show the doomers who aren't Russian Trolls the vacancy data https://t.co/0SqRxX7ypV
Historic Sellers‑buyers Gap Hits Record Inventory Levels
Updated chart on the biggest sellers vs buyers gap with inventory in history 😅 https://t.co/3iCN13KcUq
Record‑Breaking Seller Surplus Hits Market
It strikes again, the largest number of sellers vs buyers ever recorded in history 🫡 https://t.co/MLNsq8n4tS