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Real Estate

US Home Builder Pessimism Peaks

The American housing market is deteriorating, and the latest figures from the National Association of Home Builders should concern anyone who believes the economy...

The Housing Market Is Not Returning to 2020

  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 Fed Does Not Control Your Mortgage

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 Crushed by the Bond Market

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 – House Prices – Public to Private Flows Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to...

US Home Builder Sentiment Contracts for 15th Month

Washington keeps insisting the economy is healthy because unemployment has not collapsed and inflation has moderated. Then you look at housing, and the entire...

Dallas Fed Examines Biden’s Open Border Policy Fallout

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,...

The Death of Homeownership for the Next Generation

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...

US Real Estate Remains Stale

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 Crisis Shows the Consequences of the Easy Money Era

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...