Sitemap - 2023 - CalculatedRisk Newsletter
Freddie Mac House Price Index Increased in November; Up 6.3% Year-over-year
Question #10 for 2024: Will inventory increase further in 2024?
Inflation Adjusted House Prices 2.4% Below Peak
Case-Shiller: National House Price Index Up 4.8% year-over-year in October
FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores
Final Look at Local Housing Markets in November
New Home Sales decrease to 590,000 Annual Rate in November
NAR: Existing-Home Sales Increased to 3.82 million SAAR in November
4th Look at Local Housing Markets in November
Early Read on Existing Home Sales in November
3rd Look at Local Housing Markets in November with Comparison to 2019
The Coming Fed Rate Cuts and the Impact on Mortgage Rates
Part 2: Current State of the Housing Market; Overview for mid-December
Part 1: Current State of the Housing Market; Overview for mid-December
2nd Look at Local Housing Markets in November with Comparison to 2019
Q3 Update: Delinquencies, Foreclosures and REO
The "Home ATM" Mostly Closed in Q3
1st Look at Local Housing Markets in November with Comparison to 2019
Asking Rents Down 1.1% Year-over-year
ICE (Black Knight) Mortgage Monitor: "Home prices continued sending mixed signals in October"
Inflation Adjusted House Prices 3.0% Below Peak
Freddie Mac House Price Index Increased in October to New High; Up 6.0% Year-over-year
Fannie and Freddie Serious Delinquencies in October: Single Family Declined, Multi-Family Increased
Final Look at Local Housing Markets in October
Case-Shiller: National House Price Index Up 3.9% year-over-year in September; New all-time High
New Home Sales decrease to 679,000 Annual Rate in October
Lawler on Existing Home Sales, Population Projections and Household Slowdown
NAR: Existing-Home Sales Decreased to 3.79 million SAAR in October; New Cycle Low
4th Look at Local Housing Markets in October
Lawler: Early Read on Existing Home Sales in October
October Housing Starts: Near Record Number of Multi-Family Housing Units Under Construction
3rd Look at Local Housing Markets in October
Lawler: New Census Long-Term Population Projections Are MASSIVELY Lower Than Previous Projections
Part 2: Current State of the Housing Market; Overview for mid-November
2nd Look at Local Housing Markets in October
Part 1: Current State of the Housing Market; Overview for mid-November
1st Look at Local Housing Markets in October
ICE (Black Knight) Mortgage Monitor: "It’s fair to expect prices to weaken later in 2023"
Lawler: Single-Family Rent Results
Asking Rents Down 1.2% Year-over-year
Inflation Adjusted House Prices 3.1% Below Peak
Freddie Mac House Price Index Increased in September to New High; Up 5.2% Year-over-year
Case-Shiller: National House Price Index Up 2.6% year-over-year in August; New all-time High
Fannie and Freddie: Single-Family Mortgage Delinquency Rate Mostly Unchanged in September
New Home Sales increase to 759,000 Annual Rate in September
Total Housing Completions Will Likely Increase Slightly in 2023; The Mix will Change
Final Look at Local Housing Markets in September
NMHC: "Apartment Market Continues to Loosen"
NAR: Existing-Home Sales Decreased to 3.96 million SAAR in September; New Cycle Low
30-Year Mortgage Rates Hit 8.0%
September Housing Starts: Near Record Number of Multi-Family Housing Units Under Construction
Lawler: Early Read on Existing Home Sales in September
Preliminary 2024 Housing Forecasts
3rd Look at Local Housing Markets in September
2nd Look at Local Housing Markets in September
Part 2: Current State of the Housing Market; Overview for mid-October
Part 1: Current State of the Housing Market; Overview for mid-October
1st Look at Local Housing Markets in September
Moody's: "Apartment Market Softens, Office Evolution Continues, and Retail On Shaky Ground"
Lawler: The Second Half “Bear Steepener”: Higher for Longer, a Higher R*, and A Rising Term Premium
FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores
ICE (Black Knight) Mortgage Monitor: "Home Prices Set Yet Another Record in August"
Freddie Mac House Price Index Increased in August to New High; Up 4.0% Year-over-year
Asking Rents Down 1.2% Year-over-year
Inflation Adjusted House Prices 3.4% Below Peak
New Home Sales decrease to 675,000 Annual Rate in August
Case-Shiller: National House Price Index Up 1.0% year-over-year in July; New all-time High
Final Look at Local Housing Markets in August
NAR: Existing-Home Sales Decreased to 4.04 million SAAR in August
4th Look at Local Housing Markets in August
August Housing Starts: Near Record Number of Multi-Family Housing Units Under Construction
Lawler: Early Read on Existing Home Sales in August and Some New Household/Housing Stock Data
3rd Look at Local Housing Markets in August
Part 2: Current State of the Housing Market; Overview for mid-September
Part 1: Current State of the Housing Market; Overview for mid-September
2nd Look at Local Housing Markets in August
Q2 Update: Delinquencies, Foreclosures and REO
The "Home ATM" Stays Mostly Closed in Q2
1st Look at Local Housing Markets in August
A Personal Note and a Special Offer
Black Knight Mortgage Monitor: Purchase Rate Locks "are now running 39% below pre-pandemic levels"
Lawler: Single Family Rent Trends at AMH and Invitation Homes
Freddie Mac House Price Index Increased in July to New High; Up 2.9% Year-over-year
Asking Rents Down 1.2% Year-over-year
Inflation Adjusted House Prices 3.9% Below Peak
Case-Shiller: National House Price Index Unchanged year-over-year in June
Fannie Mae Single-Family Mortgage Serious Delinquency Rate Lowest since 2002
Forecast: Multifamily Starts will Decline Sharply
Final Look at Local Housing Markets in July
New Home Sales increase to 714,000 Annual Rate in July
NAR: Existing-Home Sales Decreased to 4.07 million SAAR in July
4th Look at Local Housing Markets in July
Lawler: Is The “Natural” Rate of Interest Back to Pre-Financial Crisis Levels?
Lawler: Early Read on Existing Home Sales in July
CoreLogic: US Home Investor Share Remained High in Early Summer 2023
July Housing Starts: Record Number of Multi-Family Housing Units Under Construction
The "New Normal" Mortgage Rate Range
Part 2: Current State of the Housing Market; Overview for mid-August
2nd Look at Local Housing Markets in July
Part 1: Current State of the Housing Market; Overview for mid-August
The Long-Term Housing and Population Shift
Atlanta Fed: Home Ownership Affordability Monitor
1st Look at Local Housing Markets in July
Black Knight Mortgage Monitor: Home Prices Increased Month-to-month to New Record High in June
The impact of 7% Mortgage Rates
How Much will the Fannie & Freddie Conforming Loan Limit Change for 2024?
Asking Rents Negative Year-over-year
Freddie Mac House Price Index Increased in June to New High; Up 1.7% Year-over-year
Inflation Adjusted House Prices 4.4% Below Peak
Fannie and Freddie: Single-Family Mortgage Delinquency Rate Declined, Multi-Family Increased in June
New Home Sales decrease to 697,000 Annual Rate in June
Case-Shiller: National House Price Index Decreased 0.5% year-over-year in May
Final Look at Local Housing Markets in June
NAR: Existing-Home Sales Decreased to 4.16 million SAAR in June
Lawler: Early Read on Existing Home Sales in June & 4th Look at Local Markets
June Housing Starts: Record Number of Multi-Family Housing Units Under Construction
NMHC: "Apartment Market Continues to Loosen"
Will house prices decline further later this year?
3rd Look at Local Housing Markets in June
Part 2: Current State of the Housing Market; Overview for mid-July
Part 1: Current State of the Housing Market; Overview for mid-July
2nd Look at Local Housing Markets in June
Lawler: Update on Demographic Trends, and Population and Household Projections Through 2025
Black Knight Mortgage Monitor: Home Prices Increased Month-to-month to New Record High in May
Early Look at Local Housing Markets in June
Asking Rent Growth Flat Year-over-year
Housing Inventory and Demographics: The Next Big Shift
Freddie Mac House Price Index Increased Slightly in May; Up 0.4% Year-over-year
Inflation Adjusted House Prices 3.8% Below Peak
New Home Sales increase to 763,000 Annual Rate in May
Case-Shiller: National House Price Index Decreased 0.2% year-over-year in April
Fannie and Freddie Serious Delinquencies in May: Single Family Declined, Multi-Family Increased
Final Look at Local Housing Markets in May
NAR: Existing-Home Sales Increased to 4.30 million SAAR in May
California Home Sales Down 23.6% YoY in May, Median Prices Decline 6.4% YoY
May Housing Starts: Record Number of Multi-Family Housing Units Under Construction
Some More Good News for Homebuilders
Lawler: Early Read on Existing Home Sales in May
3rd Look at Local Housing Markets in May
Lawler: Update on Mortgage/Treasury Spreads
Part 2: Current State of the Housing Market; Overview for mid-June
Part 1: Current State of the Housing Market; Overview for mid-June
2nd Look at Local Housing Markets in May
Lawler: Census 2020, Population Estimates, and Population Projections: Challenges for Demographers
The "Home ATM" was Closed in Q1
Could 6% to 7% 30-Year Mortgage Rates be the "New Normal"?
Early Look at Local Housing Markets in May
Black Knight Mortgage Monitor: Home Prices Increased Month-to-month in April; Prices Unchanged YoY
Year-over-year Rent Growth Continues to Decelerate
Inflation Adjusted House Prices 4.2% Below Peak
Freddie Mac House Price Index Increased Slightly in April; Up 0.3% Year-over-year
Case-Shiller: National House Price Index Increased 0.7% year-over-year in March
Fannie and Freddie Serious Delinquencies in April: Single Family Declined, Multi-Family Increased
Total Housing Completions will Likely Decrease Slightly in 2023; The Mix will Change
Two Key Housing Themes: Low Inventory and Few Distressed Sales
New Home Sales at 683,000 Annual Rate in April
Final Look at Local Housing Markets in April
Similar Number of Housing Units started in Q1 as 'Built-for-Rent' as 'Built-for-Sale'
NAR: Existing-Home Sales Decreased to 4.28 million SAAR in April; Median Prices Declined 1.7% YoY
4th Look at Local Markets in April
April Housing Starts: Near Record Multi-Family Under Construction
Lawler: Early Read on Existing Home Sales in April
3rd Look at Local Housing Markets in April
Part 2: Current State of the Housing Market; Overview for mid-May
Part 1: Current State of the Housing Market; Overview for mid-May
2nd Look at Local Housing Markets in April
House Price Battle Royale: Low Inventory vs Affordability
Lawler: American Homes 4 Rent Net Seller of Single-Family Homes Last Quarter
Early Look at Local Housing Markets in April
Black Knight Mortgage Monitor: Home Prices Increased in March; Prices Up 1.0% YoY
Lawler: Invitation Homes Net Seller of Single-Family Properties for Second Straight Quarter
A Policy Proposal to Increase the Utilization of the Current Housing Stock
Year-over-year Rent Growth Continues to Decelerate
Freddie Mac House Price Index Increased Slightly in March; Up 1.0% Year-over-year
NMHC: "Apartment Market Continues to Loosen"
Inflation Adjusted House Prices 4.6% Below Peak
New Home Sales Increase to 683,000 Annual Rate in March
Final Look at Local Housing Markets in March
Why Measures of Existing Home Inventory appear Different
NAR: Existing-Home Sales Decreased to 4.44 million SAAR in March; Median Prices Declined 0.9% YoY
4th Look at Local Housing Markets: California Home Sales down 34% YoY in March; Prices Down 7.0% YoY
March Housing Starts: Most Multi-family Under Construction Since 1973
Lawler on Demographics: New Population Estimates Incorporate Unprecedented Methodological Changes
Lawler: Early Read on Existing Home Sales in March
Current State of the Housing Market; Overview for mid-April
Remote Work and Household Formation
2nd Look at Local Housing Markets in March
A Few Comments on Commercial Real Estate
1st Look at Local Housing Markets in March
Update: Comparing the Current Housing Cycle to the 1980 Period
Moody's: Multifamily Demand "Softened notably over the past few quarters"
Black Knight Mortgage Monitor: Home Prices Increased Slightly in February; Prices Up 1.9% YoY
Freddie Mac House Price Index Declines for 8th Consecutive Month in February
Inflation Adjusted House Prices 4.6% Below Peak
Year-over-year Rent Growth Continues to Decelerate
Final Look at Local Housing Markets in February
More Good News for Homebuilders
New Home Sales at 640,000 Annual Rate in February
NAR: Existing-Home Sales Increased to 4.58 million SAAR in February; Median Prices Declined YoY
Lawler: Early Read on Existing Home Sales in February
February Housing Starts: Average Length of Time from Start to Completion increased Sharply in 2022
Current State of the Housing Market; Overview for mid-March
Q4 Update: Delinquencies, Foreclosures and REO
2nd Look at Local Housing Markets in February
Pandemic Economics, Housing and Monetary Policy: Part 2
1st Look at Local Housing Markets in February
Pandemic Economics, Housing and Monetary Policy: Part I
Inflation Adjusted House Prices 3.9% Below Peak
Year-over-year Rent Growth Continues to Decelerate
Freddie Mac House Price Index Declines for 7th Consecutive Month in January
Lawler: AMH Net Seller of Existing Single-Family Homes, “Investor” Home Purchases Plunged
Measures of Shelter in the CPI and PCE price indexes Still Increasing
New Home Sales Increase to 670,000 Annual Rate in January
Final Look at Local Housing Markets in January
NAR: Existing-Home Sales Decreased to 4.00 million SAAR in January
First time ever more "Built-for-Rent" Units started Quarterly than "Built-for-Sale"
3rd Look at Local Housing Markets in January
January Housing Starts: Near Record Number of Housing Units Under Construction
Update: Some "Good News" for Homebuilders
Current State of the Housing Market: Overview for mid-February
2nd Look at Local Housing Markets in January
Net Immigration and Household Formation
1st Look at Local Housing Markets in January
Freddie Mac House Price Index Declines for 7th Consecutive Month in December
Black Knight Mortgage Monitor: Home Prices Declined in December; Down 5.3% since June
Lawler: Net Home Orders and Sales Cancellations of Large Publicly-Traded Home Builders
Inflation Adjusted House Prices 3.6% Below Peak
Rents Continue to Decline; "Apartment Market Loosens"
Lawler: D.R. Horton (DHI) Net Order Price Declined "Roughly" 10% from Peak
New Home Sales at 616,000 Annual Rate in December; Previous 3 Months Revised Down Sharply
Final Look at Local Housing Markets in December
1.51 million Total Housing Completions in 2022 including Manufactured Homes; Most Since 2007
NAR: Existing-Home Sales Decreased to 4.02 million SAAR in December
December Housing Starts: Record Number of Housing Units Under Construction
4th Look at Local Housing Markets in December
The Housing Bubble and Mortgage Debt as a Percent of GDP
3rd Look at Local Housing Markets in December
Current State of the Housing Market; Overview for mid-January
Lawler: Freddie Mac “National” Home Price Index Down Again in November; Rents Continued to Slide
2nd Look at Local Housing Markets in December
1st Look at Local Housing Markets in December
Rents Continue to Decline More than Seasonally Normal
Moody's: National Multifamily Supply and Demand at Lowest Levels since 2009
Question #9 for 2023: What will happen with house prices in 2023?