Jesse Passafiume (@jessepassafiume) 's Twitter Profile
Jesse Passafiume

@jessepassafiume

Supporting our @PoweredbyPLACE partners with world-class mortgage service. Passionate curator of quality information from those more experienced.

ID: 76563941

linkhttp://jessepassafiume.com calendar_today23-09-2009 05:01:19

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Logan Mohtashami (@loganmohtashami) 's Twitter Profile Photo

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.

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.
ResiClub 🏡📊 (@residentialclub) 's Twitter Profile Photo

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

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
Mike Simonsen 🐉 (@mikesimonsen) 's Twitter Profile Photo

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...

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...
John Burns Research and Consulting (@jbrec) 's Twitter Profile Photo

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.

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.
Ryan Lundquist (@sacappraiser) 's Twitter Profile Photo

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.

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.
Alex Thomas (@housing_alex) 's Twitter Profile Photo

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 % 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.
📈👇
Jay Parsons (@jayparsons) 's Twitter Profile Photo

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

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
John Burns Research and Consulting (@jbrec) 's Twitter Profile Photo

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.

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.
Chamath Palihapitiya (@chamath) 's Twitter Profile Photo

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)

NAR Research (@nar_research) 's Twitter Profile Photo

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…

NAR Research (@nar_research) 's Twitter Profile Photo

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…

Satya Nadella (@satyanadella) 's Twitter Profile Photo

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: