Mortgage Rates Climb to 6.56%, Still Below Last Year's Peak
Mortgage rates jump 12bps today to 6.56% The local high was 6.64% on March 27 6.90% a year ago https://t.co/ai6sRzy4fP
Opendoor's $32K Cut Signals Nashville Home Value Drop
Some crazy stuff is going on in Nashville's housing market. Opendoor, America's largest homebuyer, just purchased this house for $462K in March. But then immediately relisted and cut the price to $430k. a $32,000 loss on price in a matter of weeks. On...
Iconic Fallingwater‑style Walter Hall Home Listed for $2.75M
Imagine #Fallingwater w/o the falling water (well a little). That's what #WalterHall's #PA home looks like+it's no accident. Now it's for sale for $2.75M. #realestate #mortgage #architecture #FrankLloydWright #NationalRegister https://t.co/mVHz1beG3Q via @WSJ
Higher Property Taxes Can Lower Your Monthly Payments
Here's how higher property taxes convert into LOWER monthly payments by keeping the house price lower to begin with. https://t.co/XN9nc2PHI4
Mortgage Rates Climb Above 6.5%, Looming Market Turbulence
Mortgage rates are back over 6.50%. Anyone who thought the worst was over given what's happening with oil prices and tensions in the ME has another thing coming. Ideally things settle down again later this year, but the next couple months could...
Nashville Inventory Spikes, Prompting Steep Price Cuts
Nashville's housing market is rolling over hard. The music city just eclipsed 10,000 listings, the most inventory in a decade. And an astounding 67% above the long-term average for the month of April. Such high supply is now leading to a burgeoning...
Trump Quietly Opposes Senate-Backed Housing Bill He Once Backed
President Donald Trump is privately raising concerns with a Senate-approved housing bill that his White House previously supported — and almost made his objections public late last week. Scoop w/@meganmesserly @Jasper_Goodman @hapgoodreports https://t.co/LnRGbWgxBZ
Higher Property Taxes Actually Boost Housing Affordability
Here's an illustration for how lower property taxes HURT affordability. Higher property taxes HELP affordability. https://t.co/VdulSJHEhr
Mortgage Spreads Hit 2023 Lows, Rates Near 8%
If we had the worst levels of mortgage spreads in 2023, we are close to 8% rates https://t.co/sLnq98D0Ce
Top Buyer Hotspots Across Local Counties Revealed
Where are buyers purchasing? Here are the top locations in a few local counties. I have 12 counties in case you want to see another area. Let me know. https://t.co/3dbxQEr33F
2026’s Top Buying Cities Ranked by MLS Sales
Top cities in the region. This is where buyers are purchasing. Ranked in order with the number of MLS sales so far in 2026. I hope this is helpful.
Smaller Homes Drive Affordability for First‑time Buyers
The key attribute of “Starter Homes” … is that they are SMALLER It’s how they are able to be more affordable to younger people.
Los Angeles Seniors Face $185K Exit Tax vs $10K Upkeep
“In the Los Angeles area, for example, the average exit tax for homeowners 65 and older is $185,000, while the annual cost of insurance, maintenance and property taxes on a zombie home is only about $10,000, the data showed..” https://t.co/IQziF3MH1R...
Governments Shift Tax Burden to Second Homes
When it's difficult to raise income taxes, but when there budget shortfalls... they'll tax you in other places... taxes on second homes are becoming more common... https://t.co/SOWgh37RzU
NYC Targets Vacant $5M+ Second Homes with New Tax
JUST IN: NYC proposes a tax on second homes valued over $5 million that aren’t lived in full time
Silicon Valley Home Prices Soar to Ridiculous Levels
Silicon Valley real estate has gone up a lot in price but this is ridiculous.
Cities Must Keep Families Affordable, Not Displace Them
“Let’s get you home” -Zillow ad featuring a pregnant woman downtown THIS is the moment The City loses too many families More people should feel it’s possible to have a baby and stay in their neighborhood https://t.co/7Php6x9yQ6
Meritage Homes' Prices Slip 5% YoY, 16% Since 2022
-5.0% --> year-over-year shift in giant homebuilder Meritage Homes' average selling price -16.2% --> shift in giant homebuilder Meritage Homes' average selling price since its first-quarter peak in Q1 2022
Housing Inventory Improves; Market Health Rebounds Post‑2023
Mid June 2025, things changed, but… we are in a better spot with our inventory. No longer the savagely unhealthy housing market of 2020-2023. https://t.co/P33FOhUFRj
Meritage Flags Austin, Florida, Charlotte as Tough Markets
Homebuilder Meritage Homes: 'Austin, parts of Florida and Charlotte continue to be tougher selling environments' 6 main takeaways from the latest earnings by Meritage Homes—a giant homebuilder ranked No. 554 on the Fortune 1000 (ResiClub PRO report): https://t.co/Ig44Hbdkfk
Housing Inventory Shrinks Year‑over‑year, Accelerating Sharply
LEFT: YoY active housing inventory shift between April 2024 and April 2025 RIGHT: YoY active housing inventory shift between April 2025 and April 2026
Stable Demand Masks Owners' Below‑Loan Sale Reality
A property agent briefing document on Manjung describes demand there as “relatively stable.” This same market has owners who can’t sell above their loan value. Both things exist at the same time. That gap is exactly what you’re navigating every time...
Baltimore Mayor Tackles Vacant Homes to Revive Growth
NEW ODD LOTS: How Baltimore's mayor is fighting the city's vacant housing crisis @tracyalloway and I talk to @MayorBMScott a very different type of real estate problem than many cities have, and what it takes to bring in investment and population https://t.co/SMX8zfpera
Government Targets Startups to Fix Flawed Property Tax Policies
In an effort to address absurd tax policies and incentives distorting the property market and causing real harm in AU, the govt has decided instead to destroy the startup sector.
Real Estate: The only Way Everyday Investors Leverage
You can’t call your broker and say: “I’d like to own $500,000 in stocks with $100,000 down.” They’ll tell you that’s not how it works. Call a bank about a rental property and that’s exactly how it works. Leverage is the game. Real estate is...
New Builds Dominate: Warranties, Low Rates Beat Resale
New builds are winning right now and it’s not even close. Same land, same builders who built homes 20-30 years ago, except now you get a warranty, no maintenance issues, and a rate buy down getting you into a 3-4% interest...
Self‑Storage Deals Now Demand Full‑Scale Digital Ops
The days of buying self storage facilities site unseen and hiring somebody from the Philippines to run it are long gone. You need excellent digital ads, SEO, facility management, leasing team and more. The business is hard right now.
Three Must-Have Requirements for Home Buying Qualification
If you don’t have these three things then you can’t qualify to buy a house
Homeowners' NIMBYism Forces Kids and Immigrants' Housing Tradeoffs
A Californian looks at this and imagines — a world where property and homeowners actually have to feel the tradeoffs and pain of blocking housing forever for their kids and immigrants.
Hipster Loft Era Ended Before We Even Arrived
One funny thing about this discussion. Having moved to North Brooklyn in 2004, I think we had the sense even then that the golden days of the “hipster loft” was already in the past. Important lesson in that.
Rent Control Makes Nonprofit Housing Maintenance Financially Unsustainable
Gee, who could’ve guess that rent controlled buildings would’ve been impossible for *checks notes* affordable housing non-profits to maintain. Maybe property maintenance is actually really expensive, annoying and time-consuming and you need margins to cover it. https://t.co/niCkg0SxQo
Spend $3M for 30‑acre Escape, Not Hamptons
Also: $3M gets you a crazy house on 30 acres, and you’re under two hours from NYC. No brainer vs the Hamptons scene. Weekends should be about getting away - not a copy/paste of the NYC grind.
Cub Foods Closes; Nearby Retailers Poised to Fill Gap
Cub foods announced they are closing at the end of May in this location after being open for just a couple years. This area I believe will backfill fairly quick with retail tenants looking to benefit from the traffic that...
Homebuyers Skip Purchases, Renovate Existing Homes Instead
Faced with a housing market that is unaffordable and short on inventory, many Americans are opting to give up on buying a new house and instead update the one they already have. https://t.co/OJU0jq8Rzl
2027 May See Home Price Appreciation After Four Flat Years
Starting to think 2027 might have a return to home price appreciation after 4 years of flat (or down). https://t.co/xJqLsqld2D
Remote Work Delays Migration, Not Boosting Rust Belt
This isn't the rise of the Rust Belt. This is a measure of people who are delaying their moves and under-optimizing their living conditions. (IMHO, remote work favors Sunbelt migration. This data shows delayed migration)
Housing Inventory Nears Negative YoY, Defying 2008‑era Fears
#Housing inventory is approaching negative year-over-year levels in a year when some doomers predicted it would be worse than 2008. Time to call a scrub and scrub @housingwire @sarahteresa6 #realestate #mortgagerates #economics #chartdaddy
Reverse Migration Swings Housing Supply: TN Up, NY Down
In Tennessee, housing supply is skyrocketing. In New York, it's contracting. So much so that both states now have 30,000 listings. (with TN having a 65% smaller population) This represents a vast change from pre-pandemic norms, when New York had nearly 3x...
Easy Money Fuels Competition, Drives Up Real Estate Prices
In real estate: When the money comes easy, a lot of groups can raise money to buy deals. More competition for deals = higher prices = worse deals. When interest rates are high, operations get tougher, raising money gets hard, and fewer groups...
Boost Credit Score Now, Slash Mortgage Interest Rates
🤑 Better Credit Score Gives You Better Interest Rate 🏡 Fixing your credit score before applying for a mortgage is the best way to keep your payments as low as possible. One of the quickest ways to do that is with...
Atlanta's Gentrification Stalled; Millennial Upgrades Vanished Recently
I can only speak for Atlanta here, but in the 2010-21 period there was both urban gentrification and a lot of generic middle-class Boomer neighborhoods that became upper-middle class Millennial neighborhoods, but not so much of that over the past...
One Tenant Type Dominates Strip Mall Inquiries
Every single strip mall owner in America gets a call from one type of use more than any other, and it's not even close. Any guesses on the type of tenant?
Even $10
$10MM as a top 10 home price in state? In history? That feels really low There are some really nice horse mansion/estates in Charlottesville area.
U.S. Homebuyers Spend 38% of Income on Mortgages
The U.S. Housing Market is contending with its worst affordability crisis in decades. Today, U.S. households need to spend nearly 38% of their gross income on mortgage costs to buy a house. This figure is nearly the same as the mid-2000s bubble,...
NY Second‑Home Tax Proposal Falters on Unclear Numbers
"Can a Second Home Tax Work in New York? The Numbers Don’t Add Up Yet." https://t.co/93zcA8JAPT https://t.co/le2hB4g5XI
Mortgage Rates Rebound From Historic Lows to 6.3%
Average 30-Year Mortgage Rate in the US… 1970s: 8.9% 1980s: 12.7% 1990s: 8.1% 2000s: 6.3% 2010s: 4.1% 2020s: 5.3% --- All-Time Low (Jan 2021): 2.65% 2023 Peak (Oct 2023): 7.79% Today's Rate: 6.30% https://t.co/Ji2noTwgDL
Housing Inventory Growth Plummets From 33% to 2.3%
Housing inventory growth has now gone from 33% year over year last year to just 2.33%. Remember, this is a hard comp story too, up until mid June
Land Value Tax: Key to Real Housing Affordability
If we're serious about housing affordability, we should be serious about the land value tax (aka Georgism)
Luxury Home Market Booms Nationwide, San Francisco Leads
It's most acute in San Francisco but I'm pretty bullish on the luxury home market nationwide now: https://t.co/S4Wwc2Xr7l
Bidding War Ban Threatens Fair Tenant Allocation
So many issues with this, which will be fixed once the rubber hits the road. The most baffling is the ban on bidding wars and "discrimination" ... how do you think LLs will allocate their tenancies if they can't do...