Elevated mortgage rates aren't discouraging homebuyers housingwire.com/articles/eleva…

A significant aspect of my work over the past decade, and one of the first articles I wrote for HousingWire, is this subject.

What a successful day is:

If they can train you to do it, they can train a machine to do it.

It took a bit longer than I initially thought, but we hit the target low level of 1.52 million plus today. This is the low end of the 2019 inventory channel, which means the low inventory talking point is over, folks.

Rising active inventory, less competition, and more price cuts have coincided with more mom-and-pop landlords saying they plan to buy a rental in the next 12 months Source: LendingOne-ResiClub SFR Investor Survey

Two important observations about the latest mortgage data from FHFA for Q1 2025 1. Every month about 100,000 fewer home owners are locked in to ultra low rates. This implies more inventory in the future. Higher rates means you're more likely to resell. and...

72% of US renters are 30+, the highest we've ever seen🙃 The typical first-time homebuyer is now 38 years old, compared to 33 in 2020 and an average of 31 between 1993 and 2018.

Sales volume in June was the worst we've seen on record for at least 25 years. I don't have access to volume numbers prior, so I can't technically say this is the worst ever. This is especially bad since we've had population growth through the decades.

I like to say: the Sacramento market is just like the national market, only moreso. This is useful signal

U.S. Housing Market has reached its most unaffordable level in history 🚨🚨

The % of consumers who say it’s a "good time" to buy a home just hit its highest level since Feb 2022—before the Fed began hiking rates. As inventory rises, today's homebuyers have more choices than at any point since 2019. 📈👇

The investors who dominate the single-family rental market are and always have been small investors. There's not a real "shift" in terms of % of home purchases coming from large investors. It's down from peak of 3.2% in 2021 to 2.2% today. Most institutional investors and REITs

New home prices are down -1.5% YOY nationally 📉 Builders are leaning on incentives to move inventory, especially in markets like NorCal and Florida. Meanwhile, the Northeast and Midwest are holding well.

Residential solar in the US will be an enormous growth category going forward: 1) clear guidance from BBB 2) clear guidance from POTUS EO 3) increasing traditional electricity generation prices from utilities 4) degrading grid reliability because of maintenance OPEX 5)

Existing-home sales increased by 2.0% in July. Sales increased in the Northeast, South, and West, and fell in the Midwest. Year-over-year, sales rose in the South, Northeast, and Midwest, and fell in the West. #NAREHS nar.realtor/newsroom/nar-e…

Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and more properties on the market. #NAREHS abcnews.go.com/Business/wireS…

Homes Are Selling at the Slowest Summer Pace in a Decade redfin.com/news/homes-sel…

Housing market weakness triggers Lennar to offer biggest incentives since 2009 fastcompany.com/91354972/housi…

It’s been a few weeks since we brought GPT-5 to Microsoft 365 Copilot, and it’s quickly become part of my everyday workflow, adding a new layer of intelligence spanning all my apps. Here are 5 prompts that show what’s now possible: