Educational Scotsman Guide reports that Pulte expects Fannie Mae and Freddie Freddie to begin increasing their purchases of mortgage-backed securities, following three consecutive months of declining holdings at the government-sponsored enterprises. This shift in GSE behavior signals a potential change in how secondary market liquidity flows through the
Educational BREAKING — National Mortgage News reports that the balance of power in residential real estate has shifted decisively toward buyers, with Redfin data showing that nearly 45 percent of purchasers secured a seller concession this summer and more than 15 percent also obtained a price reduction on top of it.
Seller concessions are rising because today’s buyer’s market gives house hunters power to negotiate for closing costs, repairs and other perks.
Educational BREAKING — Realtor.com Research notes that Provincetown has emerged as Cape Cod's priciest housing market, with a median listing price of $1.56 million and a per-square-foot cost of $1,480 that sits 2.6 times above the broader metro average. The town's
Los Angeles earned the lowest housing affordability score among the 100 biggest metros, despite Mayor Bass' measures to build more homes.
Educational Pending home sales edged higher in August, according to Scotsman Guide, though contract signings remain roughly 30% below typical pre-pandemic levels. The National Association of Realtors data suggests the housing market continues to move in slow motion, with buyers and sellers still finding common ground at a reduced
Educational HousingWire reports that the outlook for housing starts has turned negative through 2027, with rising construction costs pushing builders to rely on buy-downs to support 80 to 90 percent of new-home sales. Margins are tightening across the industry, and labor shortages continue to constrain what builders can
Educational HousingWire reports that Taylor Morrison CEO Sheryl Palmer is making the case for trust as a scalable asset in a housing market where two-thirds of builders now lean on incentives to move inventory. Palmer's argument centers on three internal strengths: reputation, organizational alignment, and data infrastructure.
Educational Scotsman Guide reports that Fannie Mae has revised downward its single-family mortgage origination forecasts extending through mid-2027, with the mortgage giant also predicting one additional Federal Reserve rate hike in 2026. The downward revision signals expectations for a cooler purchase market and reduced refinance activity across the
Educational BREAKING — National Mortgage News reports that mortgage rates climbed toward 7% last week as bond market volatility persisted ahead of the Federal Reserve's Wednesday meeting, with the 30-year fixed rate touching or exceeding that threshold depending on the data source. For borrowers and investors watching rates
Educational Scotsman Guide reports that Florida and California together account for nearly half of the fifty riskiest counties for American homeowners, according to Attom data linking vulnerable housing markets to elevated foreclosure and unemployment rates. The concentration of risk in these two states suggests that coastal markets with high property
Another challenge for homebuilders contending with sluggish demand and high mortgage rates: price competition from a growing supply of existing homes.