The American housing market is deteriorating, and the latest figures from the National Association of Home Builders should concern anyone who believes the economy...
Fannie Mae has sharply raised its mortgage rate forecast for 2027, and the revision should put an end to the fantasy that Americans can simply wait another...
The average 30-year mortgage has jumped to 7.49%, the highest since November 2023. This is happening while everyone continues to obsess over what the Federal...
The housing market is being squeezed from a direction most people still do not understand. The 30-year mortgage rate jumped from 7.03% to 7.28% in a single week,...
PRIVATE BLOG – House Prices – Public to Private Flows Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to...
Washington keeps insisting the economy is healthy because unemployment has not collapsed and inflation has moderated. Then you look at housing, and the entire...
The politicians insisted for years that the border crisis was somehow good for the economy. They claimed millions of illegal migrants would solve labor shortages,...
A new report from Realtor.com found that nearly one-third of employed young adults in the United States are now living with their parents. These are people with...
April existing home sales in the U.S. came in at an annualized pace of just 4.02 million units, barely rising 0.2% from March and missing expectations yet again. We...
Canada’s housing market has become one of the most expensive in the developed world, and the affordability crisis continues to worsen despite rising interest...