Core Insights - The number of homeowners with mortgages above 6% has surpassed those with rates under 3% for the first time, indicating a significant shift in the housing market dynamics [1][4]. Group 1: Mortgage Rate Trends - The last period when mortgage rates were below 3% was from July 2020 to September 2021, and rates have not fallen below this threshold since 1971 [2]. - As of the third quarter of 2025, 20% of outstanding mortgages had an interest rate below 3%, while 21.2% had rates above 6% [3][4]. - Approximately 31.5% of outstanding mortgages carry interest rates between 3% and 4%, 17.1% fall in the 4% to 5% range, and 10.2% are between 5% and 6% [6]. Group 2: Market Dynamics and Home Prices - The prolonged lock-in effect is diminishing as fewer homeowners retain low borrowing rates, which is expected to gradually change market dynamics [6][8]. - Despite some improvements in housing supply, about 80% of outstanding loans still carry below-market rates, making homeowners reluctant to sell and buy again due to significantly higher potential monthly payments [8]. - The market is moving towards a more balanced state, with additional supply easing affordability challenges and some local markets classified as a "buyer's market" [10][11].

Canada is considering changes to its ban on foreign home buyers starting in 2027, its housing minister said, as the government looks for ways to increase the supply of affordable places to live https://t.co/gtAwoQqKdl ...

Existing home sales in November rose 0.5% to a seasonally adjusted annualized rate of 4.13% million units. That is right along expectations. Sales down 1% from November of last year.Now, this count is based on closing. So, contracts likely signed in September and October when mortgage rates initially came down a little bit but then stayed in a very tight range. The headline on this report is supply.It is coming down again. We've reported on more sellers delisting their homes. There were 1.43% 43 million uni ...

Core Insights - The housing market is facing challenges due to high home prices, elevated mortgage rates, and reduced supply, impacting potential homebuyers [1] - Sales of previously owned homes increased by 0.5% in November compared to October but were down 1% year-over-year, with an annualized sales rate of 4.13 million units [1][2] Supply and Inventory - The supply of homes for sale decreased in November, with 1.43 million homes available, representing a 5.9% decline from October but a 7.5% increase year-over-year [3] - At the current sales pace, the housing market has a 4.2-month supply of homes, indicating a tighter market compared to the balanced six-month supply [3] - Inventory growth is stalling, with distressed property sales at historic lows and homeowners reluctant to list their properties during winter months [4]

the housing market faces um some really significant challenges and uh I don't know that you know a 25 basis point decline in the federal funds rate is going to make much of a difference for people. Um you know housing supply is low. Many people have very very low low uh uh low rate mortgages from the pandemic period and they kept refinancing and caught the the really low.So it's may expensive to them to move and you know we're we're a ways away from that changing. Also we're just we haven't built enough hou ...

Australia could bolster housing supply by almost 1 million homes through a “gentle density” strategy, a model successfully applied in New Zealand that would help address an accommodation crisis, a new report shows https://t.co/ZaZWxnElNI ...

RT Hunter Ash (@ArtemisConsort)If you want young Americans to prosper and start families, you will1. Love property taxes. Replace other taxes with property taxes wherever possible. Low property taxes favor the old. We do far too much of that, at the expense of our future.2. Love AI and other American industries. We are not the world leader in manufacturing. We are the world leader in innovation. Don’t kill our advantage by being a luddite.3. Restrict immigration. Housing supply is not keeping up with housin ...

How did this happen? That home prices have gone as insane as they have, but our income has not kept up with the pace of how high prices are in buying homes. >> I mean, the culprit that most people would point to is housing supply. And that over the last, let's call it 30 to 40 years, the United States has not built enough housing to control the demand for people trying to buy homes, trying to move to new places. This is a much more mobile generation. So we have to remember that, you know, whereas boomers we ...

Housing Market & Affordability - The home affordability crisis is impacting monetary policy, financial markets, and American politics [1] - High interest rates contribute to an erosion of home affordability, as higher mortgage rates reduce the number of people who can afford to own a home [1] - Solving the housing crisis presents an economic opportunity for companies in the real estate market [1] - Building more housing, regardless of type, is presented as a solution to drive down housing costs [2][4] - Increased housing supply leads to lower prices, following basic economic principles [2] Investment & Financial Markets - Open Door's stock price increased from around $0.50 per share to $9.37 per share [1] - Lenar's year-to-date performance is down 2%, Dr Horton's is up 6%, and NVR is down nearly 9%, while Pyroup is up nearly 13% this year [1] Economic Policy & Principles - Milton Friedman's recipe for economic success includes cutting government spending, restrained monetary policy, and eliminating regulations [16] - Cutting taxes and regulations, maintaining near-zero money supply growth, and stable monetary policy are advocated [17] - Free markets are considered better for the economy than government intervention [18] Warren Buffett's Investing Principles - Warren Buffett's average annual return is 20% since 1965, nearly double the S&P's average [6] - An $18 investment with Buffett would have grown to $750,000 by 2025, a return of over 5.5 million percent [6] - Timeless investing principles, as demonstrated by Warren Buffett, can lead to wealth [10]

Housing Market & Affordability - The average age of a first-time home buyer is a record high of 40 years old [1] - A proposed 50-year fixed-rate mortgage could lower monthly payments by approximately $200, but could result in paying as much as double in interest [1][3] - With a 6% interest rate on a $400,000 home, using a 50-year mortgage instead of a 30-year mortgage could result in paying $320,000 more over the life of the mortgage [3][4] - The core issue is a housing supply problem, with not enough homes for the number of people who want to buy them [4] - Tariffs are making home building more expensive, exacerbating the affordability issue [2][6] Economic Proposals & Fiscal Policy - A proposal to give Americans $2,000 checks, funded by tariff revenue, is being considered [7] - $2,000 checks for every American would cost approximately $600 billion [9] - Tariff revenue is also supposed to be used to pay down debt and bail out farmers, creating a conflict in resource allocation [10] - The Supreme Court might strike down the tariffs, potentially requiring most of the tariff revenue to be refunded [11] - The administration is accused of quietly providing tax relief to private equity firms, crypto companies, foreign real estate investors, insurance providers, and multinational corporations [15] Voter Sentiment & Economic Discontent - Voters are deeply unhappy about the state of the economy [17] - People are frustrated about costs being higher today than they were 5 years ago, even if they are making more money [20] - Tariffs are considered a tax on the American people [21]