Introduction: The Myth of Rate Cuts as a Cure-All Whenever the Federal Reserve signals that rate cuts are forthcoming, markets and media often assume that it will immediately translate into cheaper mortgages, stronger housing demand, and an economic revival. But this assumption overlooks two crucial realities: (1) today’s housing affordability crisis is driven far more […]
Conventional wisdom says that when the Federal Reserve cuts interest rates, the housing market breathes a sigh of relief—mortgage rates fall, buyers rush in, and prices hold steady. But economist Richard Werner has spent decades challenging this assumption. His research shows that interest rates don’t lead the economy—they follow it. When growth slows, rates fall […]
Average Sales PriceJune 2025 – $1,101,537July 2025 – $1,183,6217% up Average Days On MarketJune 2025 – 44July 2025 – 489% up Average Sale Price Per Square FootJune 2025 – $504July 2025 – $56712% up Median Sales PriceJune 2025 – $805,000July 2025 – $822,5002% up Number of Sold ListingsJune 2025 – 251July 2025 – 2443% down […]
Introduction: Is the American dream of owning a home slipping away for today’s youth? If you scroll through TikTok or headlines, you’ll see a rising chorus of fear: that homeownership is unattainable for Gen Z and even younger millennials. But does the data support this narrative? By examining homeownership trends over the past decade, particularly […]
In a week marked by political theater and economic uncertainty, the Federal Reserve held interest rates steady at 4.25–4.50%—despite mounting pressure from President Trump, who made a headline-grabbing visit to the Fed’s headquarters, urging immediate cuts. Meanwhile, Trump’s sweeping tariffs are raising construction costs, and residential housing inventory is climbing fast. But instead of signaling […]
In recent weeks, policymakers have teased what’s being called the “Big Beautiful Bill”—a sweeping legislative package that could reshape the American housing market. While the exact text hasn’t been released, early signals from lawmakers suggest the bill will focus on boosting housing supply, incentivizing development, and addressing affordability head-on. For real estate professionals, investors, and […]
The trade winds shifted this morning as the U.S. and Japan announced a tariff deal trimming duties on autos and other goods. The headlines sound optimistic—tariffs on Japanese cars drop from 27.5% to 15%—but don’t get too excited just yet. That 15% “baseline” is still far higher than pre-trade-war levels, which means the pressure on […]
The June inflation report added another wrinkle to the housing market. With consumer prices rising faster than expected, the Federal Reserve is unlikely to cut rates at its next meeting. That decision could keep mortgage rates higher for longer, slowing buyer demand, maintaining elevated inventory, and placing downward pressure on home prices. For buyers, this […]
Average Sales PriceMay 2024 – $1,073,577June 2025 – $1,101,5373% up Average Days On MarketMay 2024 – 46June 2025 – 444% down Average Sale Price Per Square FootMay 2024 – $542June 2025 – $5047% down Median Sales PriceMay 2024 – $766,250June 2025 – $805,0005% up Number of Sold ListingsMay 2024 – 241June 2025 – 2514% up […]
Average Sales PriceQ2 2024 – $1,086,293Q2 2025 – $1,089,931had no change Average Days On MarketQ2 2024 – 39Q2 2025 – 42increased by 8% Average Sale Price Per Square FootQ2 2024 – $1,086,293Q2 2025 – $1,089,931had no change Median Sales PriceQ2 2024 – $787,250Q2 2025 – $790,824had no change Number of Sold ListingsQ2 2024 – 693Q2 […]
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