Penn District Revitalizes, Luring Major Tenants via Transit
From 'hellhole' to hot. #PennDistrict finally cashes in on its potential as tenants like #Dicks, #MLS, #Robinhood flock to #PennStation area. 'Easy access from acx region a real advantage' #realestate #CRE #retail #NYC #masstransit https://t.co/r7JMAo1i0M via @WSJ
Inflation Climbs to 3.8%, Energy Now Primary Driver
#Inflation finally takes a bite. Jumps to 3.8% as #energy replaces #tariffs as driver of higher prices. #realestate #CRE #Trump #Iran #StraitsofHormuz #gasoline #mortgage #interestrates #TheFed https://t.co/ygaDzZOIBU
KKR Sells Copenhagen Residential Portfolio to Pears Global
KKR exits Copenhagen residential portfolio in sale to Pears Global Real Estate Read more here: https://t.co/anwAfHodgx https://t.co/i8UCGqcpLE
Housing and Credit Already Fragile Before Energy Shock Hits
The bigger risk is that housing and credit are already this weak before the full demand destruction from the energy shock has worked through the economy.
German Home Prices Up Nominally, Still Flat in Real Terms
Good Morning from Germany, where house prices are rising slightly again – but only in nominal terms. After adjusting for inflation, there is still little sign of a broad-based recovery. The picture is highly uneven. New-build prices are rising, partly...
Less Housing Act Resurfaces, Blocking Construction with Bureaucracy
Well, the ROAD to [Less] Housing Act is back on the radar it seems. Reminder that this bill effectively bans construction, not just acquisitions, and creates enormous new bureaucratic red tape over housing.
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...
Trump Urges House to Ban Wall Street Home Purchases
Trump calls on the House to pass the Senate housing bill to “ban large Wall Street investment firms from buying up single-family homes” https://t.co/IEtK3HWA3s
Housing Supply Peaks, Sales Freeze Amid Spring Slump
Supply of Existing Single-Family Homes Rises to Highest in 10 Years, Condo Supply Highest since 2012, Sales in Deepfreeze. April was another bad dud for spring selling season as supply continued to pile up https://t.co/PiJSjGhLlY https://t.co/M2D3TjnenG
SF Homebuyers Can Fund Housewarming Gift With Closing Trade
If you are closing on a house in SF trading on this will pay for your housewarming gift
Calculate Return on Cost Correctly to Ensure Renovations Add Value
Return on cost seems like it should be a pretty simple concept but a lot of people actually calculate it wrong and it ends up costing them a lot of money For those of you who don't know, return on cost...
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...
Foreign Investors Driving Californians Out of Arcadia Housing
Arcadia is not a serious place. What’s even more interesting is that a lot of residential property is owned by various foreign entities which has priced out Californians from owning. But nobody wants to talk about that.
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...
US Home Sellers Outnumber Buyers by Record 630K
US home sellers now outnumber buyers by 630,000, setting a record for the largest gap ever We've seen this story before... https://t.co/vA1EyyIQKt
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
Affordable Housing Needs Strong Regulation, Not Just Deregulation
The thing about housing deregulation is that lots of marginal cuts can deliver units, but at the end of the day, we aren't going to have affordable housing unless we actually get good regulations. Marginal improvement low hanging fruit will...
Sacramento Sees 15 Five‑million Sales, 15 Listings
There have been 15 sales above 5 million in the Sacramento region since 2021, and there are 15 current active listings above 5 million. So many people aiming for that unicorn price.
Seattle Mayor Leads Left‑YIMBY Housing Test Case
Socialist Seattle Mayor Katie Wilson accelerating new housing development near transit. Outside of Mamdani in NYC and possibly Raman in LA, biggest test case of the Left-YIMBY synthesis of urban housing politics/policy.
50 Homes Rebuilt, Still Lagging Behind Paradise, Santa Rosa
This week's @politico Los Angeles wildfire rebuilding update. We've now topped 50 completed homes between Altadena (37) and Pacific Palisades (15). Still trailing Paradise (79) and Santa Rosa (153) following same amount of days post fires.
Refi Share Hits 44% as Borrowers Save $257 Monthly
Refinances accounted for ~44% of all mortgages in Q1, the highest share in four years. Rate and term refis were 60% of refi activity, a five-year high thanks to low mortgage rates (which are now gone). Average borrower reduced their monthly payment...
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
Low Demand, Even Lower Supply Keeps Market Competitive
The housing market is not normal since we have such a low number of sales, but competition levels have felt pretty normal. What I mean is we have a regular spread of homes selling above and below the original price....
April Home Sales Slip Amid Rising Mortgage Rates
April home sales disappoint as higher #mortgage rates weigh on buyers https://t.co/SASB7Gm37N @nardotrealtor #realestate #housing
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
900‑Bed Passivhaus Student Housing Wins 2026 RIBA Award
"Stride Treglown’s 900-bed Passivhaus student housing scheme foregrounds sustainability and a sense of community, winning it a 2026 UK RIBA South West and Wessex Award" #passivhaus #passivehouse https://t.co/5zydJlCdwd https://t.co/8oXMFobElV
AMH Posts Record Leasing Volumes, Reverses Slow Cycle
AMH (single-family rental REIT) said on earnings call that they recorded "record leasing volumes for March and continued momentum through April" -- reversing what had been a slow leasing cycle.
DMV Retail Spaces Won’t Wait—Connect at ICSC Vegas
ICSC Las Vegas is next week. If your brand is looking at Maryland, DC, or Virginia, I want to connect. The DMV market is active and the right spaces won’t wait. DM me to grab time while we’re both in town. #commercialrealestate #retailrealestate...
Small Occupancy Gains Scale to Millions in Large Portfolios
People really underestimate how powerful compounding is within a business Increasing occ on 1 building 5% doesn't do much But on a 500-unit portfolio with avg rents of $1,300: 500 * 5% = 25 units (25 units * $1,300 rents * 12 months) /...
Resale Home Turnover Stagnates, April Sales at 354K
Resale turnover remains at constrained levels—which has been the case since mid 2022 U.S. existing home sales came in at 354K for April 2026. The seasonally adjusted annual rate (SAAR) came in at 4.02 million. Table via @ResidentialClub https://t.co/fL8Q7gnQy3
REITs Forecast Rent Growth as Supply Tightens
Apartment rents have been flat/falling for 3+ years, but REITs say that's about to change. Supply is falling, occupancy rates firming up, rent-to-income levels dropping-- which could all lead to rent increases again ... though nothing like the inflationary spikes of...
Two Passivhaus Care Homes Built, Third Planned
Robert Templeton, managing director of Care is Central, owned by Central Bedfordshire Council, said: "We have already got, including this one, two care homes that are Passivhaus, with plans to build a third one in Sandy soon." #passivhaus #passivehouse https://t.co/1WCMXQRnwN https://t.co/DCmV0KdExT
Market Cycles Return to 30‑45 Day Norm
Normal days on market run usually 30-45 days year-round, and we are somewhat back to that now. Everyone has a different data line on this but that is the NAR, back in 2011 it was over 100 days
Year‑over‑Year Price Comparisons Simplify Over Time
As the year goes on, the year-over-year comparisons become easier, so please keep that in mind with prices.
Model Taps Multiplex for Eco‑focused Build‑to‑Rent Projects
"MODEL has appointed Multiplex under an Early Contractor Involvement agreement for its first two Build to Rent projects in Abbotsford... Both developments are targeting 6 Star Green Star, 9 Star NatHERS and Certified Passivhaus" #passivhaus #passivehouse https://t.co/oRwQw8IoVd https://t.co/yJqLJa19mY
Developers Flee Seattle: Suburbs Preferred Over City Policies
If the city of Seattle is "choosing developers over people," why are developers increasingly choosing suburbs over the city of Seattle?
Empty Western Fast
When you see a vacant fast food restaurant in the Western US, light up the Hatch Signal
Experiential Fitness Replaces Big‑Box Anchors in D.C.
A climbing gym just took 38,000 SF at DC USA — absorbing what DSW and Best Buy left behind. Bouldering Project is opening their second D.C. location in Columbia Heights. If you still think experiential fitness isn't a legitimate big-box...
April Home Sales Set to Rise, 3‑yr Notes Steady
Economic Calendar for Mon. May 11 10:00am - Existing home sales for April: Expected $4.05M; Prior $3.98M 1:00pm - 3 year Note Auction: Prior 3.897%
Mortgage Spread Shrinks by 95 Basis Points Since 2023
The peak monthly mortgage spread was in June 2023 June 2023 👇 Avg. 30-year fixed mortgage rate: 6.71% 10-year Treasury yield: 3.75% Spread: 296 bps April 2026 Avg. 30-year fixed mortgage rate: 6.33% 10-year Treasury yield: 4.32% Spread: 201 bps https://t.co/fPMRjUo1EE
Today's Homebuyers Face Worse Conditions Than 2008
The situation is similar when comparing housing now to 2008. 😏 Now, the new kids on the block are using worse than in 2008. 🥳 https://t.co/QME4WVC86H
Bay Area Prices Converge; SF Hot Spots Mislead Scarcity
Narrative violation -- SF real estate is not hot. at least not uniformly. Zillow data shows hot SF neighborhoods are up nearly 10% YoY. But lot of SF neighborhoods are not hot and therefore not experiencing a price surge (yet?). And...
Public Debt Mirrors Mortgages When Funding Income‑Boosting Assets
A mortgage is usually manageable because there's an asset attached: a home. Public debt can work the same way if it finances investments that raise future incomes.
Home Purchase Apps Reach Post‑COVID Record, Still Under 1M
New home sales purchase apps just hit a new post-COVID high, but sales aren't close to 1,000,000. Purchase apps are a quirky trend survey. https://t.co/L1YPqLmSVC
Home Sales Still Below 2014 Lows Despite App
Remember base effects with purchase app data, even though we are at 2014 levels, existing home sales haven't even returned to the lowest levels of 2014 data, and won't this year https://t.co/TwbSqgl1YH
Seattle Inventory Spikes 88%, Buyers Finally Gain Leverage
Seattle's housing market is going through a historic inventory shock. There are now 8,630 listings across the Seattle metro as of Apr 2026. In a normal April, there are only 4,600 listings. Meaning inventory today is 88% above normal. This is happening due to...
Collin County Housing Correction Opens Buyer Bargain Window
Collin County, TX is in the midst of a stiff housing correction in 2026. Inventory has spiked 62% above the long-term average, to over 4,300 listings. This high supply is causing values to drop, down -6.1% over the last year already. Sellers...
Shockingly Good Policies Boost Housing Affordability, Skip Bureaucracy
These are shockingly good policy recommendations. Although doesn’t require ASI to realize you improve housing affordability by letting people build homes, and we don’t need giant government bureaucracies regulating hairdressers.
Mid‑
Crayon economics for a reason, credit channels run inventory channels... Mid June 2025 housing shifted 🫡 https://t.co/X4PCpW4zoi