March Sales Volume up, Prices Slightly Down
March had slightly stronger sales volume this year and slightly weaker prices. I'll have over ten counties of data on my blog tomorrow. What stands out to you? https://t.co/1K0bqpjivW
People Want Density Only When It Looks Attractive
100% agreed Aesthetics absolutely matter. And it’s not unreasonable for people to *want* to only add density to their neighborhoods if it looks “nice”
Smaller Kids' Bedrooms Cut Costs in Rowhomes
More bedrooms ONLY cost more money if they make the overall home size larger … which is exactly why @americanhousing we are building rowhomes with much smaller bedrooms deigned *for* little kids Check out the middle floor of our prototype...
FHA Delinquency Spike Mostly Reporting Artifact, Not Borrower Weakness
New paper argues that 92% of the increase in FHA mortgage delinquencies between Sept. 2025 and Jan. 2026 "is driven by how an FHA policy change is reported rather than increasing financial fragility among FHA borrowers" https://t.co/uRxP5BtOQO
NYC Simplifies Backyard ADUs for Affordable Housing
I love that NYC is making it easier to build housing with backyard ADUs that you can install for $200k and rent or use for family. A few here from the @nytimes: https://t.co/2TcTnKKRwm
Designing Sleek Tech Workspaces: Straight Edges & Silver
GETTING TECHNICAL. A mood board for some projects I'm working on right now, creating spaces for teams in the world of tech. Straight edges, silver, structure, wires. https://t.co/vhkpsNZJNq
February Sees Biggest Seller Price Cuts Since 2012
More sellers are cutting prices than any February since 2012, and they are having to adjust their expectations down by $40k on average. That's according to a new Redfin report (link in thread). https://t.co/uokLEo4VDR
Low Offers Signal Market Risk, Not Lowballing
One of the most frequent complaints we get is that our offer is too low. Usually it’s because we’re seeing something in the data the seller isn’t. Recently, someone complained on X that they only got 70% of their home’s value...
Success in Real Estate Starts with the Right Network
Get in the right rooms and right circles. Follow @chasecalhoun.realestate for more on build-to-rent and real estate investing. #realestate #investmentproperty #buildtorent
Mayor's First 100 Days Target Bad Landlords, Boost Housing
The #socialmedia mayor. Assessing #MayorMamdani's 1st 100 days. Taking unprecedented aim at bad landlords w/simultaneously pressing for more housing. #NYC #realestate #CRE #multifamily #rentstabilized #affordablehousing #CeaWeaver #SumathyKumar https://t.co/bxRCxDHqF5
Apartment Supply Surge Ends, Rent Growth Stalls
It's official: The historic wave of new apartment supply is now in the rearview mirror. Completions in Q1'26 came in at one of the lowest levels in 7+ years, and will likely hover around these levels for a while --...
Renting Can Outperform Buying, Even for Millionaires
IN CASE YOU DID NOT KNOW: You can RENT (instead of buying a home) and be happy, successful, & wealthy. I’m a multi-millionaire ($3.3M) and I still happily rent. I love renting. Anytime there is a problem with the house I just text my...
Swedish Apartment Prices Hit Four-Year High Amid Iran War Concerns
Swedish apartment prices rose to the highest in almost four years in a sign that a nascent recovery on the housing market continued despite new worries over the economic impact of the Iran war https://t.co/QGVdGR6q1k https://t.co/Pg9NlLqGgB
Rising Rates Threaten UK's Last Independent Menswear Shops
A friend of mine is one of the last independent men’s wear retailers in the U.K. business rates, high service charges after rent are stifling. He’s already online but it would be sad to see him not have a physical...
Suburbs Must Offer Amenities for EV Residents, Replacing Cities
The real urbanism fight that doesn’t get talked about much is if suburbs — particularly your Johns Creek/Frisco types — can build enough amenities for your Rivian R2-type residents and consumers that they don’t need actual cities as they’re currently...
High‑Inventory States Face 2026‑27 Price Declines
We have some new leaders at the top of the housing inventory charts. 1. Washington: +64% inventory surplus 2. Colorado: +63% 3. Tennessee: +58% These markets have inventory levels more than 50% above the March long-term average. Interestingly enough, Florida has dropped out of the...
Climate Funders Overlook Housing Policy, Must Change Now
Why climate funders don't fund housing policy, and why they oughtta #energysky -- via Volts/David Roberts: https://t.co/hzd1awIfR7 https://t.co/XZUMAF0Exd
Keep Housing Costs Below 10% to Retire Early
MAX Mortgage / Rent you should pay based on salary: - $40K salary: $833 - $50K salary: $1,041 - $60K salary: $1,250 - $70K salary: $1,458 - $80K salary: $1,666 - $90K salary: $1,875 - $100K salary: $2,083 - $110K salary: $2,291 - $120K salary: $2,500 - $150K salary: $3,250 -...
Cities Lose Kids because Families Become Invisible; Make Them Visible
My theory (and solution) on the fertility "crisis" has been consistent for years: Young people move to the The City for school, opportunity, adventure etc. But they are reaching the (not unreasonable) conclusion that having kids means moving away. So they...
20 Rentals Deliver $4K Cash Flow, $1M Equity
Here’s what 20 rental properties actually do for you 👇🏼 • $4K a month in cash flow • $1M in equity • A $1M tax write off against your active income
European Home Prices Span Bubbles to 2010 Lows
Home Prices in the 19 Largest European Countries Range from Housing Bubbles to a Market that Fell back to 2010. Here's Germany: https://t.co/aRKT01YIiS https://t.co/yIGmTLgpMC
California Cities Split: San Diego Vacancies Rise, SF Rents Surge
California cities: progress toward RHNA... San Diego: 29% ... highest vacancy rate in 15 years, rents falling Los Angeles: 18% ... San Francisco: 5% ... rock bottom vacancy rate, fastest rising rents in the country https://t.co/dcF33RmwJ2
Fed Chair Choice Won’t Drive Mortgage Rates, Here’s Why
I've heard from Redfin agents that some homebuyers are waiting for President Trump's pick for Fed Chair to lower mortgage rates before they buy. In this video I explain where that logic goes wrong and what actually moves mortgage rates: https://t.co/x7Qk1wyckH
North Chicago Bidding Wars Lift Prices $60K Above Ask
Insane price wars on N side of #Chicago, as competition pushes prices 6 figures over ask in nabes like #LincolnPark #Lakeview #WickerPark. Avg premium rose $60Gs #realestate #mortgage #https://therealdeal.com/chicago/2026/04/08/chicago-north-side-bidding-wars-push-prices-up/
Mortgage Spread Holds Near 6%, Avoids 7% Spike
It could have been much worse today, but closer to 6% than above 7%, hug a #mortgage spread. #realestate #housing #economics #chartdaddy
War's Impact Cripples Housing Market, April Outlook Uncertain
Seems pretty obvious how much the war has hit the housing market. Gonna be fascinating to see what happens for the rest of April. Can we recover? https://t.co/Zgs9wOEOF7
UWM Leads 2025 Lender Rankings; Captive Builders Absent
Top mortgage lenders of 2025... Of note, UWM in first place for third year in a row. No home builder's captive lenders in the top 10. And former mortgage giant Wells Fargo back in.
Bond Yield Dip Could Trim 30‑Year Mortgages Near 6.4%
Nice move lower today for bond yields. Should result in 30-year fixed mortgage rates back around ~6.375% or lower. But they remain about 0.375% above late February lows and the ceasefire appears tenuous. Actually surprised things haven't already turned higher again...
Purchase Applications Up 1% Weekly, Down 7% YoY
Purchase applicaiton data update +1% week to week -7% year over year First negative YoY print of the year, working off a harder one-week comp https://t.co/RPol0wlsHM
FSRA Crackdown Forces Brokers to Lose Licenses, Face Fines
The Mortgage Broker Regulator FSRA Has Upped Its Game & More Brokers Will Lose Their Licenses & Be Fined There's 2 big reasons: - FSRA moves aggressively when they see wrong doing - The collapse of house prices reveals bad practices FAST More...
3,100 Petitioners Oppose American Tower’s Charlotte Data Center
"American Tower is trying to rezone 58 acres it owns in east Charlotte, North Carolina, to build a data center. Over 3,100 people have signed a petition to stop it." https://t.co/gnUaNeJvX7 via @steelintheair
1928 Honolulu Governor’s Mansion Listed for $22 Million
For any tourist who ever oohed+ahhed over the stately mansions in #Honolulu valley, 1s for sale for #22M. Built arnd 1928 for #HI governor. 'To walk from kitchen to master bdr takes 15 mins' #NuuanuValley #realestate #mortgage #Lihiwai ...
Owning Beats Renting in All Top 50 U.S. Metros
This person says "most places rent is more expensive than a mortgage." Reality: It's more expensive to own than rent in 100% of the top 50 metro cities in America In my experience, American homeowners REFUSE to run a simple buy...
Coastal Homes Vanish as Beach Erodes, Vandalism Escalates
#Nantucket sleighride. Homes slip into sea as beach encroaches. Now a #vandal making matters worse for riches that can afford oceanfront. 'Everyone is mad at us' #realestate #CRE #mortgage #MA #BaxterRoad https://t.co/kjjnqBWGX3 via @WSJ
Buying a Home Pre‑Fed’s $8T Print Feels Genius
Me: buys a house in 2020 Fed: prints $8 trillion more dollars Also me: “I’m a real estate genius” https://t.co/m7fWDy2Usq
Seeing Kids Everywhere Encourages Young Adults to Parent
I believe, strongly, that the most *effective* way get more young people to have kids isn’t by preaching at them or citing dire statistics … it’s for them to just see kids around: Sitting in high chairs at brunch. Playing...
UK Builders Face Record Cost Inflation Surge, PMI Reveals
UK builders hit by record pickup in cost inflation, PMI shows https://t.co/5w9Flp17Vj via @tomelleryrees https://t.co/GPfHx0qsol
Purchase Index Climbs 1% Weekly, Still 7% Below Year‑ago
"The seasonally adjusted Purchase Index increased 1 percent from one week earlier. The unadjusted Purchase Index increased 1 percent compared with the previous week and was 7 percent lower than the same week one year ago."
Medical Outpatient Property Fundamentals Reach All‑Time High
Texas Medical Office Snapshot | Q1 - 2026 The fundamentals have never been better in medical outpatient properties. https://t.co/Kvf1F1VxFj
UK Brick Deliveries Fall 20% YoY, Signaling Slower Housing Starts
UK brick deliveries are a useful proxy for new house building starts in the absence of monthly starts data. Deliveries in February were 0.9% lower than in January & 20.8% lower than a year earlier according to the Department for...
Earthquake‑ and Hurricane‑Proof Micro Home with AI & Solar
#WhatsNext? This micro home is earthquake and hurricane proof. Comes with an #AI assistant and solar panel if you wish. (GigGadgets) #Innovation https://t.co/1a2sJDwbku
Anthropic's Rapid Expansion Rivals Google, Meta Footprints
Anthropic from startup to dominant tenant ... fast ▫️Grew from <18K SF in 2023 to 900K+ SF today ▫️Now rivals legacy tech footprints once held by tenants like Google and Meta ▫️Closing in on OpenAI’s 1M+ SF presence https://t.co/DiRErE4ewp
Affordable Chicago Housing Sits Elsewhere; Build and Secure Desired Neighborhoods
There is lots of available affordable housing in Chicago but it's in neighborhoods where people don't want to live. Building more and higher housing in neighborhoods where people do want to live is one answer but making the south and...
Better Spreads May Push Returns
10’s back in the bowl and spreads getting a tad better can get you sub 6% on 15 easy, it might even happen tomorrow, mid 5% near closer to 4%! https://t.co/Kt4rjgTehd
Migration Slowdown Turns Pandemic Housing Boom Into Demand Shock
Many housing markets that saw the biggest deceleration in net domestic migration after the Pandemic Housing Boom still have positive domestic inflows—but the slowdown has still delivered a negative housing demand shock https://t.co/u4W9wWipUU
Coastal Housing Markets Shed Residents Annually, Absorbing Loss
High-cost coastal housing markets like NYC and Seattle lose Americans each year. Here’s how their housing markets absorb it My latest for ResiClub: https://t.co/5YEJtZKG4d
Simple Joint Ventures Let Doctors Own Their Office Spaces
A lot of people watch Billions or Suits and get conned into thinking they need to come up with some incredibly clever business strategy to succeed Couldn't be farther from the truth My mentor started off investing in office buildings Purely by...
Warren's Bill Makes 10% of New Homes Triple‑Deckers
Elizabeth Warren loves Boston Triple Deckers more than you love anything Her Road to Housing bill would turn up to 10% of the all new housing units in the US, nearly 130,000 units PER YEAR, into majestic 3-story flats
Mortgage Rates Dip, Spread to Treasuries Narrows to 212 Bps
The average 30-year fixed mortgage rate today: 6.44% Same day last year: 6.82% ------------------- 10-year Treasury yield today: 4.33% Spread today: 212 bps
Landlords Accept Massive Office Tower Losses After COVID
Th Four Stages of Offices Grief, finally reaching Acceptance. WSJ: “Landlords and their lenders held on to their office towers for years, hoping for a turnaround after Covid. Now, they are accepting enormous losses.“ https://t.co/5MKOtfeAFm