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
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.
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...
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%
Manufactured‑housing REITs Already Outnumber Single‑Family Rentals
Prediction: We'll eventually see a wave of articles (followed by policymakers fretting over it) about "Wall Street" investing in manufactured housing. It'll be positioned as a "loophole" and/or consequence of the ban on single-family rentals. But it's not new at all. There...
Quality Public Education Costs You a House
Everyone says public schools in the US are free, but a Google engineer revealed the hidden cost of paying for school indirectly. In the US, public schools don't charge tuition fees, but if you want quality education, that depends on the...
Spring Inflection Turns Median Prices Negative
Here’s a look at median price change since last year. We hit an inflection point in the spring where the trend went negative. Of course, the median isn’t a perfect price metric, but other price indexes are telling the same...
Lennar Targets Top U.S. Homebuilder Spot After Decade
Lennar making a run at #1 homebuilder in America. Would be the first time for $LEN in ~10 years. https://t.co/0gp2tHaQZv
Most Overlook Simple Rules: Save, Invest, Avoid Debt
Simple rules: save, invest, avoid bad debt, earn more, be patient—most ignore them. Follow @chasecalhoun.realestate for more on build-to-rent and real estate investing. #realestate #investmentproperty #buildtorent
Cut Rents, Not Vacancies, in a Slow Market
Unless you’re angling to sell or refinance your building in the short term: If the rental market is slow, better to lower your asking rents than to accept vacancy or fill your building with people who will dishonor their lease obligations.
Rent Burden Splits: <30k Earners Spend Half Income
If you want to understand America's renters, digest the implications of two charts from Harvard's Joint Center for Housing Studies. 1) Rent affordability is a bifurcated issue. Making >$30k? More than half your income goes to rent.. Making >$75k? You're spending...
Bipartisan Housing Bill Passes Senate, House Remains Skeptical
Taking aim at #affordability: Bipartisan #Warren-#Scott bill aimed at speeding delivery of housing clears #USSenate. But #House has its own ideas. #realestate #CRE #multifamily #manufacturedhomes #Trump #POTUS #Dems #GOP #mortgage #NHC #SFrentals https://t.co/QKytaGiSA3
Manhattan Apartment Supply Declines Two Years Straight
A sobering trend: #Manhattan apt inventory dropped every month for 2 years running. Building boom fails to stem tide of rising demand. 'Construction expanding but it's been uneven by boro' #NYC #realestate #CRE #multifamily #condo #mortgage https://t.co/a0FkHCJC3x
Government Policies, Not Investors, Drive Unaffordable Starter Homes
While Congress wrongly attacks institutional housing investors, my latest @opinion column explores several of the govt policies that actually increase US home prices and make building a "starter home" impossible today: /1
Factory-Built Homes Rise, yet Government Roadblocks Persist
"Bucking stigma, more places turn to factory-built for affordable housing" https://t.co/yeNauGByp5 As usual, governments stand in the way: https://t.co/MyFyCgTTjz
Wealth Comes From Holding, Not Just Buying Better
The “Holding Power” Rule Why In Gurgaon, The Rich Don’t Always Buy Better — They Hold Longer Most people think wealth in real estate comes from: • better location • better builder • better timing But NCR history shows something else. The biggest fortunes were not made...
California's “Prohousing” Label Ignores Actual Building Results
The trouble with California's prohousing designation is that it only recognizes policies adopted—and not the outcome of interest, which is more housing getting permitted and built. Too many "prohousing" cities aren't really doing much to build housing. https://t.co/tjn6bDrDRd
Rentals Can Earn $250K, Buy $1M, Pay Zero Taxes
This is why investors buy rentals: make $250K, buy $1M in property, and potentially pay $0 in taxes.
Lennar's Margins Hit 2009 Low Amid Aggressive Incentives
Lennar—America's second largest homebuilder—gross margins fall to the lowest levels since 2009 Among giant public homebuilders, Lennar has been the most aggressive in using affordability adjustments/incentives to maintain volumes/take market share @ResidentialClub research
U.S. Housing Bubble Frozen, Equity at Risk
The U.S. housing market isn’t slowing down, it’s frozen. Homes are massively overpriced, and when prices finally fall, millions of homeowners could lose their equity and banks will be stuck with bad mortgages. This is exactly what happens when decades...
XHB Endures Sharpest 9‑Day Drop Since 2022
Homebuilders $XHB worst 9-day selloff since June 2022 -13% since the first of the month. The housing market sucks. @stockcharts https://t.co/wJDyxPUMdv
Judge Disqualifies Alina Habba, Threatening NJ Mortgage Fraud Lead
Hideous handling of #AlinaHabba may jeopardize #NJ lead in #mortgagefraud cases. She+3 successors all disqualified by a federal judge. #realestate #CRE #mortgage #PamBondi #Trump https://t.co/qjSREOwVWm
Congress Curbs Investors in Housing, Ignores Health Care
It's interesting that Congress is moving to restrict institutional investors from buying up homes, but there's no similar effort for health care.
30‑Year Mortgage Rates Likely Stay Below 7%
Questions to ask: - How high can the 30-year fixed go again? Is 6.5% a reasonable guess? Is 7% out of the question? I think 7% is unlikely as we'd be getting into recession talk and bond yields would likely...
Bipartisan Housing Bill Passes Senate 89-10, Schatz Opposes
Trump-Tim Scott-Elizabeth Warren bill combining abundance and anti-monopoly politics on housing, passes the Senate with 89 votes to 10 no votes. Future Democratic leader Brian Schatz is a no.
Senate Passes ROAD to Housing; Reporters Miss Expert View
With the Senate passing the ROAD to Housing Act today, political reporters not in tune with the housing beat seem to be interpreting the legislation for how its authors are spinning it, versus what housing experts and homebuilders say it...
Homebuilders Slam “ROAD to Housing” Despite Pro‑housing Claims
Homebuilders: Build-to-rent ban isn't the only problem with "ROAD to Housing" legislation. How do you pass a supposedly pro-housing bill that is opposed by homebuilders and most housing experts/economists?
Feb 2026 SAC:
How did homes sell compared to their original list price? Here's a way to show that. Anything above the 0% line went above, and anything below went below. FEB 2026 SAC REGION Above: 30.7% Below: 56.0% At Original List Price: 13.3% Any thoughts?
Mortgage Payments Up $1,300 Monthly Since 2021
A $500K mortgage was $1,900/month in 2021. A $500K mortgage is now $3,200/month. $1,000+ more each month for the same home.
Senate's ROAD to Housing Act Threatens Ranch‑style Duplexes
This is a "ranch-style" apartment community in West Virginia, built in 1983 and once owned by an apartment REIT (Equity Residential). It features duplexes across a 92-unit property. It would become impossible to build these under the Senate's "ROAD to Housing...
War Threatens Spring Housing Market Stability
Today's podcast discusses is spring #housing is really at risk due to the war? @housingwire @sarahteresa6 #mortgagerates #housing #economics #chartdaddy
Homebuyer Demand Index Slightly Up, Still Near Historic Lows
Reventure's homebuyer demand index inched up this week to a 9/100. This index tracks pending sales, mortgage apps, internet searches for real estate, and buyer sentiment. A "normal" reading on the index is 50, a level which we saw before the pandemic. Note...
Oil Surge Drives Canadian Mortgage Rates Above 4%
Mortgage Rates Go Up: As The Price Of Oil Goes Up So Do Mortgage Rates Unless the War In The Middle East ends quickly we will soon see most Mortgage Rates in Canada start with a 4 And ZERO chance of Bank...
Young Adult Homeownership Halved, Dream Becomes Elusive
She's not wrong. One reason "we're in trouble" is young adult access to the American Dream is so diminished--as evidenced, for instance, by this decline in home ownership.👇🏽 ✔️ 1980: 59% of young adults owned a home ✔️Now: 37% of young adults...
Single‑Family Homes Grow $3M, Not $100M
Buying single family homes is a great way to be with $3m. Brutal way to try to hit $50m or $100m+.
Build-to-Rent Criticism Stems From Misunderstanding Its Purpose
A lot of the criticism about build-to-rent on this app is grounded in ignorance about what BTR is, who builds it, who funds it, who lives in it, and why it's appealing to the small share of families who choose...
Housing Market Set to Grow if Rates Stay Steady
#Housing market is poised for growth this year if Iran conflict doesn't raise rates, says HousingWire Mohtashami https://t.co/ZBWUvaAFKo
Congress Bill Forces SF Rentals to Sell New Homes
Abandoning houses gives way to making them more #affordable. Both parties in #Congress move bill to force SF rental cos, w/got their start in the days following the #GFC w/folks fled homes rather than pay #mortgage, to sell newly built...
Fast All‑Cash Fund Closes Retail Deals in 35 Days
A broker recently asked me how we’re different than all the other value-add retail buyers he hears from. Fair question. Well, we’ve been doing this since 2006. We’ve purchased 45 of them. We buy every deal all-cash. We can close anywhere in the US...
NYC’s Ultra‑Luxury Condo Turns Wealth Into Playground
Inside #NYC's most secretive #condo project #80Clarkson overlooking the Hudson+its 'sophisticated fun house.' Where being rich means indulging your inner child. Also #Zuckerburg's new #Fla pad, #Napa+more. #realestate #mortgage https://t.co/LMkqpwmmCt via @WSJ
Housing Starts Beat Forecast, Yet Momentum Questioned
Housing starts surprised to the upside in the latest report, rising to a 1.487 million SAAR and coming in above consensus expectations. On the surface, the headline suggests renewed momentum in residential construction. However... https://t.co/1r862BDOdv
Housing Construction Stalls as Permits Show No Real Rise
The honest truth is that not much is happening in housing construction until permits start to rise with some kick, but this is really going nowhere, aside from monthly volatility. https://t.co/Nw9k88N1fn
Home Inventory Slumps to 1.29M, Far Below Historic Levels
After this week's existing home sales report. Let's do an inventory checkup, today we stand at 1,290,000. Historically, it's been between 2-2.5 million; it was 4,000,000 in 2007. @housingwire @sarahteresa6 #housing #realestate #economics #chartdaddy
UK Home Sales Slump as War Dampens Sentiment
UK home sales seen taking short-term hit as war damps sentiment https://t.co/DjFewPxjw1 via @irinaanghel12 https://t.co/o4W4hjPEp3
California's Lebowski Loophole Lets Heirs Keep Low Taxes
How do the children of homeowners in California get to inherit their parents' low property tax rates? We did the definitive story on what became known as "the Lebowski Loophole" in 2018 https://t.co/gzdAP9B4HC
Industrial Space Transforms From Wire Assembly to Laundry
Industrial realestate comes in all shoes and sizes. This space was last used by a company that assembled wire harnesses for a variety of companies all over the US. Now it’s available for lease and the new owner is occupying...
Opendoor Simplifies Home Buying with Lower Costs, Speed
For a lot of Americans, it's never been harder to buy a home and never been harder to finance one. Opendoor is here to change that with lower costs, a faster process, and less friction at every step.
Mortgage Rates Surge to 2026 Highs Amid Buying Season
Mortgage rates are at fresh 2026 highs everyone. What's annoying is it's happening during peak home buying season. Doubly annoying b/c we had 5-handle mortgage rates about a week ago.
Flat Housing Inventory Persists Unless Rates Spike Dramatically
It's going to be a boring year for housing inventory, unless rates spike up big time However, now that we are in 2026 You can see the difference in the inventory channel When comparing sales crashing from 2005 to 2008, vs sales...