New‑construction Markets Naturally Show Higher Baseline Metrics
One thing to keep in mind with this analysis is that some markets have significantly higher baselines than others for this metric. Heavier new-construction markets, for example, usually have higher levels of this. https://t.co/7R3355tzyg
High‑Income Job Losses Undermine Local Housing Outlook
High-income job declines don’t work well for the housing market. This is a trend (namely at local level) we’ve been hammering on the last few years as we maintain a weak outlook for housing in general. https://t.co/jN2DMafhy5 https://t.co/NhCzjO8knR
Add Bedrooms, Boost Rent per Sq Ft in Tight Markets
A game-plan that works in supply constrained markets: Identify older buildings with apartments that are too large relative to the number of beds and baths they have (for example a 1,000 sq ft one bed). During renovation, using permits, reconfigure the units...
Housing Inventory May Turn Negative Despite Low Rates
Kinda embarrassing for the #housing 2008 crowd, and, worse than 2008. At this pace, if rates stay low, inventory might show some negative week-to-week data. 🤯🤯🤯😳😱 What a bunch of scrubs 😁😉🥂 @housingwire @sarahteresa6 read the tracker reports and join...
Housing Inventory Growth Slows Sharply, Risks Negative Prints
The housing market shifted mid-June 2025. Inventory growth was running at 33% and now it's running at 6.91% with a risk of some negative week-to-week prints. https://t.co/VgpdKDUPpd
National Inventory Heading Negative
At current pace, the national inventory data will have some negative year-over-year weekly data. Read books, don't burn them. 🫡 https://t.co/pV6P6SxOka
Hard‑
The hard left is becoming slightly more YIMBY, but the policies that got them here means their housing math doesn't add up. NYC and LA won't make housing affordable with Mamdani and Raman. https://t.co/CsMJLThCws
Essex's Housing Supply Dwarfs Charlotte's Per 1,000 Residents
For every 1,000 local residents, there are: 2 homes for sale in Essex County, NJ right now 43 homes for sale in Charlotte County, FL right now via ResiClub Terminal
Lennar Tests Tiny Homes Amid Housing Affordability Crisis
Housing affordability remains so strained that giant homebuilder Lennar continues testing how willing buyers are to go smaller Price: $174,990 3 beds 2.5 baths Sq ft: 1,360 Houston metro (Huffman, TX)
National Inventory Set to Turn Negative, Price Cuts Decline
The National Inventory is expected to turn negative at some point this year, and the percentage of price cuts is lower compared to last year. Whoever you're getting your housing info from, I would question them about this. https://t.co/AHHEytiMoR
Austin Hits Record Low Rent-to-Income Ratio
It's actually never been cheaper to rent in Austin, TX. The Rent/Income ratio across the metro has dropped to 18.3% - the lowest on record (going back at least 20 years). Landlords are aggressively cutting rents at a time when incomes in...
Price Parking, Reclaim Lots for Housing Development
"That's why we have these vacant lots, if you get rid of that (free parking) and find a median price for parking where it's kind of expensive you can then build buildings there and people will live there." - @bertkreischer ...
Potential Negative YoY Inventory by April if Seasonal Rise Delayed
We should be getting the national seasonal inventory increase soon, but if, for some reason, that doesn't happen, we will have negative year-over-year inventory data by the end of March or Early April Note: For the worse than 2008 crowd...
U.S. Home Values Up 89% Since 1950 – Hold Longer
Since 1950: U.S. home prices increased 89% Average appreciation 4–5% annually Hold real estate longer.
Renter‑Focused Progressive Coalition Redefines Urban Housing Politics
Two rising leaders in New York and Los Angeles are pushing for a fundamental revolution in urban housing politics: A unified progressive movement centered on renters instead of homeowners https://t.co/xC3VrNCfNM
Road to Housing Act Will Worsen Affordability, Warns John Burns
Housing expert John Burns on the ROAD to Housing Act: "The housing bill that will make affordability worse, not better."
Most Homeowners Miss Tax Savings Worth Thousands
2 in 3 households own a home, yet most have no idea how homeownership taxes work. If you own a home (or plan to), here are some tax tips that will save you thousands:
Local NIMBY Votes Drive Housing Prices Sky‑High
This is why your housing is so expensive Not Blackstone, not "greedy landlords" Just your mom, dad, & neighbors voting for NIMBY local politicians who then prevent housing from being built That's why you pay tens of thousands of dollars more than...
Rural America Embraces Data Centers for Energy Growth
How to Sell Rural America on Data Centers #energysky -- via Heatmap News https://t.co/E2p1KFZhVL https://t.co/rpB7YDfHpH
California's 'Pro‑Housing' Policies Fuel Sprawl, Not Solutions
If you live in California, you should probably be concerned. Hilton says he is pro-housing but his policies are effectively pro-sprawl. Steyer is doing slopulism, and he should actually know better, sadly.
Vegas Vacancy Rate Hits 10‑Year High, Rents Plummet
Las Vegas apartment vacancies are spiking. And landlords are not happy. 7.6% of Vegas apartments are now sitting vacant, the highest level in nearly 10 years. (Triple the pandemic low of 2.4%). 4 years ago, rents were soaring, and there was no availability. Now...
Pending Sales Rise YoY, Driving Inventory Decline
Another week of positive year-over-year growth in our weekly pending sales data, and it's biting inventory lower now. 😉 A lot more with tracker article this weekend
Banning Institutional Investors May Worsen Housing Affordability
'The housing paradox: why banning institutional investors could make affordability worse' Commentary by Amherst CEO Sean Dobson in @FortuneMagazine (no paywall) https://t.co/mXFQpGRK2m
All Major Homebuilders Face Year‑Over‑Year Margin Compression
All 11 of the biggest homebuilders tracked by ResiClub are seeing year-over-year margin compression Homebuilders—especially those with a big presence in some of the softer markets in Texas and Florida—are still in cost-cutting mode ResiClub PRO report: https://t.co/w9iTXbeCx0
Rent Now, Sell Later When Market Improves
If you have a property that is not going to sell for what it’s worth, you might consider holding onto it, renting it out, and then selling it later on when the market is better. Follow @chasecalhoun.realestate for more on build-to-rent...
Mortgage Spreads Curb Rates Amid Iran War Concerns
Mortgage spreads continue to keep mortgage rates in check as Iran war sp... https://t.co/iBMRx6aFsB via @YouTube
Cross‑subsidize Market Housing, Not Futile No‑tower Campaign
The problem with the NYCHA no-new-towers campaign is it's a bridge to nowhere. No white knight is coming in to bankroll $80 billion in repairs. There's an actual plan to fund better public housing by cross-subsidizing with market-rate housing. The alternative...
Weak Jobs Data Drives Mortgage Rates Downward
Another horrendous jobs report saved mortgage rates today. Had it come in hot, we'd likely have a 30-year fixed closer to 6.25% again during peak home buying season. Granted, w/o the conflict in Iran we'd probably be at 5.875% or lower...
Mamdani Admin Uses Bankruptcy to Shift Rent-Stabilized Buildings Publicly
This NYT piece doesn't get the framing around housing politics right, but does lay out explicitly that the Mamdani administration's strategy is to let rent-stabilized buildings go into bankruptcy and use that as leverage for public or nonprofit ownership https://t.co/MVpSmuHQ9W
Inventory Surged Pre‑recession, Now Below Normal Levels
Home sales peaked in 2005 Home Sales crashed from 2005 to 2008 Inventory spiked before the recession started 2005 2.5 million Inventory 2007 4,000,000 Inventory Currently at 1.22 million Normal is 2-2.5 million Credit channels have run inventory channels for...
AI Project Management Lets Contractors Focus on Building
Scout Out (@scoutoutai) is building AI-powered project management for residential contractors — handling estimates, docs, and job admin so they can keep their hands on the hammer, not the keyboard. Congrats on the launch @NolanRossi100! https://t.co/hyA8c1GPeI https://t.co/hU6KeYIKDc
Inflation and Job Loss Cripple 2026 Real Estate
Surging inflation and sagging employment double whammy for the fragile real estate market in 2026 https://t.co/4yrdR28tG3
Regional Price Gaps: Some Homes Beat, Others Miss List
Selling above or below? Here’s a look at properties that sold above, below, and at the original list price last month in the wider region. The market isn’t the same in every location. Any thoughts? https://t.co/8CHHvxLyKV
Bilt Users Outraged over Rent Payment Delays and Dead‑end Support
Bilt users are PISSED. Delayed or bounced rent payments. Customer service from unhelpful AI bots with human agents seemingly missing in action. Any info on what’s happening? My DMs are open.
Rate Shock Slashes Listings; Gradual Recovery Underway
As soon as the rate shock occurred—and switching costs surged—we saw U.S. new listings fall a notch as some of that attempted churn was knocked off That effect was most acute out of the gate Ever since, we’ve slowly seen new listings...
Young Entrepreneur Risks $1.5M Loan, Builds 51k‑sq‑ft Storage
In 2016 we broke ground on our first self storage development. I had just turned 27 and had personally guaranteed a $1.5 million loan to make this happen. We put in about $500k of our own cash (from a small business we...
Compass Merger Triggers 110 Layoffs; Anywhere HQ Available
If you work for #Anywhere in #MadisonNJ, you might want to polish up your resume. Merger w/#Compass costs 110 jobs at combined #brokerage giant. 270KSF Anywhere HQ up for lease. #realestate #MandA #mortgage #NJ #layoffs #JLL #RobertReffkin https://t.co/4SsKTtsrg2
Choosing Infill and Mountain Sites to Cut Construction Costs
This undershoots the mark. At @americanhousing we're already under these (in some places) Because conventional methods are labor intensive, construction is higher in places with: 1) High rents 2) Scarce labor That's why we're building in: 1) Infill Cities 2) Mountain towns
Japanese Builders Accelerate U.S. Homebuilder Acquisitions
Japan’s big bet on the U.S. housing market got even bigger last week Japanese builders are rapidly acquiring U.S. homebuilders—now Daiwa House is buying United Homes That came just 10 days after Japan-based Sumitomo Forestry said it's buying Tri Point Homes...
Florida Inventory Dips; Connecticut Buyers Still Stuck
Florida is one of the few places where active inventory is down a little year-over-year right now Also: Connecticut homebuyers still can't catch a break Analysis via @ResidentialClub https://t.co/cp8T0N2iHu https://t.co/OFTPOagq2t
Discard Outdated Housing Debt Bubble Narrative
You have to let go of the housing debt bubble premise from the past — that's an old battle that no longer exists, you're chasing a ghost here. https://t.co/DV4aV0RuyM
Homeowner Numbers Stagnant; New Laws Fuel Economic Shift
That is not the scale of homeowners in America for 15 years now. The QM laws of 2010 and the 2005 BK reform law changed a lot for American economics https://t.co/SfPRuod5EC
Rising PITI Costs Shatter 2020‑24 Sales Threshold
Total PITI costs surged for housing and in a QM lending environment that was set to crush sales. I had a price model limit for 2020-2024: if we didn't surpass 23% during those five years, we would be okay; we...
Fannie Mae Predicts Steady 6% Mortgage Rates Through 2027
Fannie Mae: Get use to these mortgage rates Fannie Mae's forecast for the average 30-year fixed mortgage rate: Q3 2026 --> 6.0% Q4 2026 --> 6.0% Q1 2027 --> 6.0% Q2 2027 --> 6.0% Q3 2027 --> 6.0% Q4 2027 --> 6.0%
Opendoor's Sacramento Margins Remain Razor‑thin Despite Improvement
Pulled some #Opendoor stats in Sacramento. They are doing better than a few years ago, but some razor thin margins. This is the dollar difference between acquisition price and resale price. Real estate fees, holding costs, credits, & repairs costs...
Mortgage Rates Set for Volatile Swings Amid Global Uncertainty
My biggest takeaway right now regarding mortgage rates is to expect heightened volatility. They will likely bounce around a lot more than normal thanks to the ongoing conflict in the Middle East. The good news is 30-year fixed rates remain near ~3-year...
Walk Away When Bridge Debt, Low DSCR, Thin Yield Spread
Here’s how to identify when a deal is too risky: Sometimes the deals you don’t do are more important than the deals you do This 40-unit deal that I underwrote a while ago had 4 major deal breakers 1. Having to take...
Homeownership Isn't the Only Path to Millennial Wealth
If you’re a millennial, you need to stop believing that owning a home is the ONLY way to build wealth. It is just one part of the puzzle and an optional one at that. If you can’t own a house,...
Median-Income Americans Can Afford Only Modest Homes
This chart shows the = home price an American household on a median income can afford. More at today's Chartbook Top Links: https://t.co/1bNlhKyjp5
Youth Group Targets Jonathan Chu over Chinatown Displacement
Engquist: Landlord derangement syndrome in #Chinatown? #YouthAgainstDisplacement tries to make a villain out of #realestate figure #JonathanChu, w/#dimsum #restaurant in middle. #JingFong #NYC #CRE #MuesumofChineseinAmerica #NYC #realestate https://t.co/eECp9ouAPX