Today's Real Estate Investing Pulse
Housing Prices Slip 2.4% as Buyers Return, Pending Sales Rise 4.3%
Median list prices dropped 2.4% year‑over‑year to $429,500, the steepest decline since 2017. Pending sales climbed 4.3% YoY, extending a six‑month growth streak. New listings rose sharply in the Northeast (+8.6%) and Midwest (+4.7%) while remaining flat in the South.
Also developing:
London Estate Agents Report Uptick in Enquiries From Gulf Region
London’s prime estate agents are seeing a sharp rise in enquiries from Gulf‑region buyers and renters as the regional conflict fuels safety concerns. Beauchamp Estates reported a 15% increase in Gulf‑origin enquiries over the past two weeks, with Gulf nationals now accounting for 25% of all £15 million‑plus sales, up from 20% in 2024. UK nationals based in the Gulf have also boosted rental interest by 10%, while some investors are pausing plans for Dubai properties. The trend signals a short‑term shift of wealth toward London’s stable market.
Property Lobby Rallies Against CGT Changes
Ray White, Australia’s largest real‑estate network, warned that the federal government’s plan to reduce or eliminate the 50 % capital gains tax discount for investors in established homes could destabilise the rental market. The proposal would also tighten negative‑gearing rules, targeting...
Master the 50% Rule: Quick NOI, Win Deals
Stop guessing your NOI. 🛑 If you can’t run the numbers in 30 seconds, you’re going to lose the deal to someone who can. The 50% Rule is your “back of the napkin” litmus test for multifamily. If the math doesn’t...
UK Housing Costs Rise 41% over Five Years for Renters and Owners, Study Shows
UK households spent a record £226 bn on housing in 2025, a 41% increase over the past five years. Mortgage interest payments surged 9% to £53.6 bn, pushing average borrower costs to £13,000 annually. Rental expenses grew more modestly, rising 2.75% to...
Who Are the HENRYs? The High-Earning Gen Z and Millennials Redefining Luxury Real Estate
Engel & Völkers has identified a new cohort of high‑earning Gen Z and millennial buyers—dubbed HENRYs (high earners, not rich yet)—who are entering the luxury market with household incomes above $100,000. 86% of them see homeownership as essential to the American...
Mortgage REIT And BDC Ratings - Edition 130
The Mortgage REIT and BDC Ratings newsletter released its 130th edition, continuing a weekly series that tracks credit quality and performance trends across mortgage real‑estate investment trusts and business development companies. The latest issue provides updated rating changes, sector outlooks,...
Atlanta Condo Hits 22% Loss, $1,750 Monthly Deal
Some crazy deals are popping up on condos. On this listing, seller in ATL is taking a 22% loss from their 2023 purchase. Current list of $229k almost back to pre-pandemic valuation. A mortgaged buyer can buy at all-in cost of $1,750/month,...
Pre‑Conflict 2026 Mortgage Locks Hovered
To give you an idea of what levels were rates locked in 2026 before the conflict started, a bunch of rate locks came in at 6.20%-6.35% @housingwire @sarahteresa6 #mortgagerates #housing #realestate #chartdaddy
Florida’s Real Estate ‘Gold Rush’ Draws the Super-Rich as Rising Costs Push Others Out
Florida’s real estate market is experiencing a billionaire‑driven boom, with ultra‑wealthy buyers snapping up multi‑million‑dollar condos and mansions in Miami and Fort Lauderdale. At the same time, a Florida Atlantic University poll shows half of residents are contemplating leaving the...
Lennar Sees Modest Tariff Impact as Costs Fall
After initial have a concerned reaction to tariffs back in spring 2025, most giant public homebuilders walked back their tariff concerns last summer. That commentary shift reflected a combination of factors: some of the proposed tariffs didn’t ultimately go through,...
Lennar Prices Fell 13.6% After Incentive Adjustment
If you’re active on “Housing Twitter,” you’ll likely see charts circulating this coming week that show Lennar’s average selling price down roughly -23.8% from its 2022 peak. It’s worth noting, however, that the figure reported by Lennar is net of...
Data Confirms: “Mamdani Effect” Never Reached NYC Luxury Market
New York’s luxury real‑estate market stayed strong after Zohran Mamdani’s November mayoral win, with contracts for homes priced $4 million or more jumping 24 percent in the 60 days following the election. Median listing discounts slipped to 6 percent, and inventory actually declined by...
Rate Lock‑In Suppresses Millions of Home Listings
The mortgage rate lockdown theory has not existed in the data since 2022, as nobody would sell their low rate to buy another home. https://t.co/E2q1j8TMjQ
Austin Mayor Kirk Watson Reveals Secret Weapon Against Rising Home Costs
Austin Mayor Kirk Watson told Realtor.com’s CEO that expanding housing supply is the city’s "secret weapon" against soaring costs. Recent reforms slashed permitting cycles from up to 99 days to an average of 32 days, spurring a 250% jump in...
Institutional Pullback Threatens Builder Supply, Says Lennar
Lennar says pushing institutional homebuyers out of the housing market could cause big builders to 'build less supply' Lennar CEO Stuart Miller said on Friday that institutional investors are already pulling back further this year given the heightened policy pressure
Executive Orders Clash With
So we're signing executive orders to "improve housing affordability" when we already had the lowest mortgage rates in nearly FOUR YEARS. We were ever so close to that elusive magic number of 5.5% for a 30-year fixed, which gets home buyers...
NYC Rental Listings Shrink as Housing Debate Intensifies
Rental listings across New York City's five boroughs fell about 6% in February compared with a year earlier, marking a second straight year of inventory contraction, according to StreetEasy. Meanwhile, the median asking rent jumped more than 8% to $3,950,...
Industrial Real Estate Thrives on Global Structural Shifts
Industrial real estate continues to be one of the most resilient sectors in commercial real estate — and the demand is being driven by structural shifts in the global economy. For investors and operators, understanding these macro drivers is critical when...
90s Housing Market Snapshot: Sacramento and Nationwide Trends
Lots of focus on the ‘90s lately. What was the housing market like back then? Here’s what was happening in Sacramento and many markets across the country.
Service Properties Trust: Debt Crisis Overshadows Strategic Pivot
Service Properties Trust is accelerating its transition from a hotel‑centric REIT to a net‑lease model, selling hotels to cut a heavy debt load. While Q4 2025 results beat expectations, guidance for 2026 predicts normalized FFO could fall another 17% after...
More Studios Drive Down Metro Prices, Boost 3BR Affordability
This is also why unit typology in new construction matters If we build lots of Studio units in Neighborhood A does that “free up” larger units for families in THAT neighborhood? Maybe More likely, it lowers prices in the Metro and ...
Housing Prices Will Drop Without Income Growth
This is the big problem I see with U.S. housing. If incomes can't support prices, something has to give. While wealth transfers can offset this temporarily, most people won't have such a windfall. If incomes don't rise, prices will fall in...
The Fast Incoming 'Silver Tsunami'
The United States is entering a "Silver Tsunami" as Baby Boomers begin to liquidate trillions of real‑estate and equity holdings. This generational wealth transfer will swell housing inventory, likely slowing home‑price appreciation for years to come. Simultaneously, retirees shifting from...
National Chains Threaten Neighborhood Charm Through Collective Rent Choices
“Tragedy of the commons” in interesting neighborhoods: Each individual owner incentivized to rent to national chains, due to their higher credit-quality. But, once too many do, the neighborhood loses what made it interesting in the first place.
Housing Sales in 50 Cities Dip 3% to 6.14 Lakh Units, up 16% in Value to Rs 8.4 Lakh...
India’s top 50 cities recorded a 3% decline in housing unit sales in 2025, totaling 6.14 lakh units, while the market’s total value jumped 16% to Rs 8.46 lakh crore, according to CREDAI and Liases Foras. The surge was driven by premium‑segment demand, with 78%...
Five Years Renting Cost Him Higher Mortgage Rates
Rate were under 3% in 2021 and now over 6 What did 5 years of renting really get him
Japanese Builders Accelerate U.S. Homebuilder Acquisitions
WOW. ANOTHER ONE. Japanese builders are rapidly acquiring U.S. homebuilders—striking their third deal in a month This week, Japan-based Hajime Construction agreed to buy Utah-based Wright Homes My latest for ResiClub: https://t.co/FgJwjNewbx
Video: Mar. 13, 2026, Economic and Housing Market Update
The Senate passed the 21st Century Road to Housing Act, targeting increased supply and tighter rules on institutional investors. Inflation eased to 2.4% in February, prompting the Federal Reserve to likely hold rates at its March meeting, while mortgage rates rose...
Waiting for a Crash Cost Buyers $400K
In 2010, homes in Vegas were $100K and people still said “I’m waiting for the crash.” Today they’re $500K…
Mortgage Rates
Rate locks between 6.20% - 6.35% corrinadting with positive purchase application data and weekly pending sales all year long, so far, yes. At 6.41% today is the first day that pricing is above the September 17th, 2025 data point https://t.co/lqWqldYe3s
NPCG Closes Sale of Windsor Locks Apartments in Rebounding Hartford Market
Northeast Private Client Group closed a $4.375 million sale of 21 Spring St., a 31‑unit multifamily building in Windsor Locks, Connecticut. The buyer and seller were not disclosed, and NPCG’s investment VPs represented the seller and sourced the buyer. The property, known as...
2026 Mortgage Rates Show Record‑Low 42‑bp Spread
Since 2000, the average year has seen an 87 bps range between the highest 30-year fixed mortgage rate reading in the calendar year and the lowest reading So far in 2026, that range has been 42 bps Lowest this year: 5.99% Highest...
Home Equity Dips $78.8B as Appreciation Weakens
Home equity fell $78.8 billion in Q4 2025, a 0.5 % year‑over‑year decline, marking the second consecutive quarter of losses. The average homeowner lost $8,500 of equity, reducing total accumulated equity to about $295,000 per borrower. Slower price appreciation—annual gains of only...
LISTEN: Who’s Buying Rent-Stabilized Buildings?
New York’s 2019 Housing Stability and Tenant Protection Act capped rent increases on rent‑stabilized buildings, turning them from value‑add opportunities into income‑only assets. As a result, institutional investors and private‑equity firms have largely exited, leaving local families as the primary...
New Survey From Redfin Says Investors Are Turning Their Backs on Florida
Redfin’s latest survey shows investor activity in Florida slumping, with Orlando down 16% and Fort Lauderdale 15% year‑over‑year, while national investor purchases rose about 2% in Q4 2025. The decline is driven by soaring insurance premiums—averaging $5,838 annually, more than double...
Condo Market Softens, Cancellations Persist Into 2026
Condos are softer than the detached market. Cancellations have continued into 2026. Nothing at all like all-time highs in 2007, but this submarket is notably softer than detached homes. https://t.co/3krxTga2qS
Rent Prices Are Down Nationwide—Here’s How Investors Can Protect Their Cash Flow in a “Renter-Friendly” Era
After years of double‑digit rent gains, the national median rent slipped 1.4% YoY to $1,353 in January 2026, its lowest level in four years. Vacancy rates climbed to 7.3% as new supply flooded the market, prompting landlords to offer concessions...
Institutional Buying Doesn't Hike Prices; Building New Homes Lowers Them
It's not actually that complicated: 1️⃣ There's no evidence that institutional purchases of existing single-family homes drives up prices. 2️⃣ Institutional financing, building, and ownership of new single-family homes expands the housing supply and drives down prices.
Ultra‑wealthy Exodus Leaves No Revenue, Boomers Get Breaks
There's not going to be a revenue base here after they drive ultra HNW to Florida and Texas and keep giving boomers property tax breaks.
Braccan Mortgage Funding 2026-1: Presale Report
Morningstar DBRS has issued provisional credit ratings for the residential mortgage‑backed securities of Braccan Mortgage Funding 2026‑1. The senior Class A tranche received a (P) AAA rating, Class B a (P) AA rating, while lower tranches were rated (P) A, (P) BBB‑high and (P) BBB‑low respectively. All ratings...
Density Bonuses Outpace Inclusionary Zoning in Affordable Housing
It's a strange thing: density bonus laws have created orders of magnitude more affordable housing than inclusionary zoning laws, which evidence suggests may reduce overall housing production. Yet the latter remains more popular, I suspect because NIMBYs recognize its utility.
Methodology: Inventory Impact of Phased Marketing
Redfin’s new methodology quantifies how phased marketing—letting sellers test price and control exposure before a formal MLS listing—can lower effective selling costs by 1.2‑2.4% of home value. By improving pricing accuracy and privacy, the model predicts a 15‑30% reduction in...
FIGRE Trust Issues $335.7 Million From Pool of HELOC
FIGRE Trust is launching the 2026‑HF3 securitization, selling $335.7 million of revolving home‑equity lines of credit (HELOC) in eight SOFR‑linked tranches. The A1A tranche holds $164.3 million and receives a 44.5% credit‑enhancement cushion, while lower tranches have progressively smaller enhancements. The underlying...
NAAIM Exposure Index Drop Signals Bullish Market
NAAIM Exposure Index down from 100% in mid-December to 67% in mid-March. Seems bullish to me! $SPX https://t.co/e0bywZknAH
Financing Rules and Lawsuits Have Halted U.S. Condo Construction
Over the past 20 years, America has basically stopped building condos. Owing to a mix of restrictive financing regulations and endless defect litigation, the most viable path to urban homeownership has largely disapprared. In my latest for @TheAtlantic, we explain...
A Stronger Spring Housing Market? Real Estate Agents Think So
The Real Brokerage’s February 2026 Agent Survey shows a pronounced optimism among its agents, with 73% expecting a stronger spring selling season than 2025 and 36% forecasting a significantly stronger market. Despite a dip in the Transaction Growth Index to...
War-Driven Rate Hike Adds $130/Month on $600k Mortgage
For a $600,000 home, a borrower will now have to pay $130 more per month than what they would have paid the day before the war started when rates were 5.99%
Life Sciences to Normalize in 2026 After Post-Pandemic Saturation: Report
Life sciences real estate is entering a normalization phase in 2026 after a pandemic‑driven construction surge left the market oversupplied. Investors are pulling back, vacancy rates are climbing, and venture capital funding fell 25% to $33 billion in 2025. Demand may...
Developers Apply Lessons Learned From Biscayne 21 Fiasco
Developers at a Bisnow South Florida event dissected the Biscayne 21 condo‑tower debacle, where Two Roads’ attempt to lower the termination threshold sparked a lawsuit that forced a $65 million repair bill. The case highlighted how a minority of holdout owners can halt...
Fannie, Freddie Share Sale Likely After Midterms or Later
Wedbush analysts say any secondary share offering by Fannie Mae and Freddie Mac will likely be delayed until after the 2026 midterm elections, as the administration focuses on lowering mortgage costs. Low trading prices—around $5.88 for Fannie and $5.16 for Freddie—combined...