RT Mikli (@CryptoMikli)Grant Cardone reveals how to make the single family housing market HOT again“Right now, if you bought a house for $5M, let’s say the house is worth $4M and the land is worth $1M, you can’t write off the land, but you can write off the $4M house over 27 years. You may not know you’re doing this, but your accountant is doing it for you as a tax write off”“I told Trump to extend the accelerated depreciation to single family homeowners. You would be able to write off the $4M the same year ...

UK property professionals are feeling more upbeat about the housing market now that pre-budget jitters are behind them. What does that mean for prices, and what could help or hinder the market in the coming months? https://t.co/CW5hcJ55Mz ...

Hong Kong’s beleaguered housing market is staging a comeback, the latest sign that the city is on the road to recovery following years of gloom https://t.co/6KEvLHUhee ...

Core Insights - Homeowners are experiencing a mortgage "lock-in effect," leading to reduced mobility and inventory growth in the housing market, particularly in expensive coastal areas [1] - The typical U.S. mortgage holder faces a significant increase in monthly payments if they were to purchase a home today, with a 73% rise translating to an additional $1,000 [2] - A substantial portion of existing mortgages, 80.3%, have interest rates below 6%, with 32.1% locked in at rates between 3% and 4% [2] Group 1: Housing Market Dynamics - San Jose, California, is identified as the most "locked-in" major metro, where homebuyers need an annual income of $408,557 to afford typical home prices, the highest in the nation [3] - In San Jose, sellers can expect their monthly mortgage payments to increase by approximately 180%, from $2,604 to $7,281 when moving to a comparable home [4] - Los Angeles ranks closely behind San Jose, with typical sellers facing a 176% increase in mortgage payments, from $2,096 to $5,792 [4] Group 2: Regional Insights - In Portland, Maine, the gap between existing and new mortgage payments is over 154%, with new payments averaging $3,305, up from $1,297 [6] - The median home price in Portland has risen to $550,000, up from about $325,000 in 2019, driven by demand and limited supply [6] - Buyers in high-rate markets like Portland may need to adjust their expectations or consider different property types due to affordability pressures [7]

Core Insights - The number of Americans with mortgage rates above 6% has surpassed those with rates below 3%, marking a significant shift in the housing market dynamics [2][9][10] - This change is crucial as the ultra-low rates during the pandemic have been a key issue in the housing market, leading to a phenomenon known as the "mortgage lock-in effect" where homeowners are reluctant to sell due to the high costs of new loans [10][11] Mortgage Lock-In Effect - The "mortgage lock-in effect" has resulted in reduced housing inventory and soaring prices, as homeowners with low-rate mortgages choose to stay put rather than incur higher costs [10][11] - Nick Gerli, CEO of Reventure, suggests that as average mortgage rates continue to rise, the lock-in effect may weaken, potentially increasing market inventory [11] - Daryl Fairweather from Redfin believes that while the recent shift in mortgage rate demographics may not have an immediate impact, the lock-in effect will likely remain a significant factor in the housing market for the next four to five years [11][12] Housing Market Dynamics - Approximately 40% of homes do not have a mortgage, indicating that the low liquidity of housing supply and rising prices cannot be solely attributed to the lock-in effect [13] - The median home price in the U.S. has increased by about $100,000 since 2019, now exceeding $410,000, largely due to inflation and rising labor and construction costs [13] - The lock-in effect may create a generational gap, as younger individuals feel priced out of the market due to older homeowners holding onto their low-rate mortgages [13] Future Market Predictions - Predictions for the U.S. housing market in 2026 show divergence among analysts: - Reventure forecasts stable overall home prices with regional variations, while Realtor.com anticipates a slight increase in home sales and inventory driven by new construction [13][14] - Zillow expects home sales to rise by over 4% and prices to increase by 1.2%, while the National Association of Realtors predicts a 14% increase in home sales and a 4% rise in prices [14] - Even if the lock-in effect diminishes, potential buyers may not see lower prices due to ongoing inflationary pressures [14]

Core Insights - High home prices and elevated mortgage rates present challenges for first-time homebuyers in the US, but certain cities offer better opportunities for deals according to Realtor.com's ranking [1][2] Group 1: Analysis Methodology - Realtor.com analyzed over 10,000 Census-designated places in the largest 100 metro areas, focusing on cities with at least 500 active home listings in the past year [2] - The ranking considered factors such as housing availability, the presence of young homeowners, average commute times, and affordability, with affordability being a key factor [2] Group 2: Current Market Conditions - Affordability is a significant barrier for first-time homebuyers, with the 30-year mortgage rate around 6.15% as of the last week of 2025, which is high compared to the pandemic period when rates were below 3% [3] - The median sales price of a US home was approximately $410,800 in Q2 of the previous year, nearing record highs [4] Group 3: Recommended Cities for First-Time Buyers 1. **Rochester, NY** - Median listing price: $139,900 - Estimated share of young homeowners (ages 25 to 34): 21.3% - Average commute: 21 minutes - Available inventory per 1,000 households: 23 [5][7] 2. **Harrisburg, PA** - Median listing price: $151,999 - Estimated share of young homeowners: 19.9% - Average commute: 23 minutes - Available inventory per 1,000 households: 37.9 [8][10] 3. **Granite City, IL** - Median listing price: $119,000 - Estimated share of young homeowners: 13.0% - Average commute: 25 minutes - Available inventory per 1,000 households: 47.8 [10][11] 4. **Birmingham, AL** - Median listing price: $148,950 - Estimated share of young homeowners: 18.9% - Average commute: 24 minutes - Available inventory per 1,000 households: 43.5 [12][13] 5. **North Little Rock, AR** - Median listing price: $170,000 - Estimated share of young homeowners: 17.4% - Average commute: 23 minutes - Available inventory per 1,000 households: 39.2 [14][17] 6. **Syracuse, NY** - Median listing price: $169,900 - Estimated share of young homeowners: 20.4% - Average commute: 20 minutes - Available inventory per 1,000 households: 21.0 [18][20] 7. **Baltimore, MD** - Median listing price: $223,900 - Estimated share of young homeowners: 19.1% - Average commute: 31 minutes - Available inventory per 1,000 households: 52.6 [21][22] 8. **St. Louis Park, MN** - Median listing price: $375,000 - Estimated share of young homeowners: 25.2% - Average commute: 22 minutes - Available inventory per 1,000 households: 42.4 [23][25] 9. **Pittsburgh, PA** - Median listing price: $249,000 - Estimated share of young homeowners: 23.5% - Average commute: 25 minutes - Available inventory per 1,000 households: 33.7 [26][28] 10. **Garfield Heights, OH** - Median listing price: $140,000 - Estimated share of young homeowners: 12.4% - Average commute: 24 minutes - Available inventory per 1,000 households: 50.2 [30][31]

Existing-home sales in the US barely rose in November, as a recent moderation in price growth and mortgage rates motivated buyers at the margin https://t.co/Y6IW0v7FIJ ...

Home sales rose in November for the third straight month, with lower mortgage rates injecting some fresh momentum into the long sluggish housing market https://t.co/h64ob0gSBR ...

Market Overview - The real estate market is expected to be calmer heading into 2026, but not significantly cheaper or easier for buyers and sellers [1] - Expert predictions indicate that preparation, flexibility, and local conditions will be more important than timing the market [1] Mortgage Rates - As of December 11, 2025, the average 30-year fixed mortgage rate is 6.22%, which is lower than its peak but still high compared to pandemic-era rates [2] - Predictions for 2026 suggest mortgage rates may decrease, with estimates ranging from the low- to mid-6% range, and Fannie Mae forecasting a rate of 5.9% by the end of the year [3][4] - Small rate drops may not significantly alleviate the burden of high home prices, property taxes, and insurance costs [5] Home Prices - Home prices are expected to experience modest growth, with national values projected to rise about 1.2% in 2026 according to Zillow, and Redfin predicting roughly 1% growth [7] - The resilience of home prices is attributed to ongoing supply shortages, with inventory not returning to pre-pandemic levels [8] - A nationwide collapse in home prices is unlikely, as many markets still face tight supply [9] Rental Market Dynamics - The rental market provided some relief in 2025, with new apartment supply leading to higher vacancies and softer rents [11][12] - Developers are expected to slow construction in 2026, which may lead to firmer rents in areas with lagging supply [13] - Renting is increasingly viewed as a viable strategy for many households due to high home prices [14] Buyer and Seller Dynamics - The housing market appears more favorable to buyers on paper, with homes spending longer on the market, but local inventory levels still dictate seller advantages in many areas [16][17] - The experience of buyers can vary significantly based on local market conditions, with some able to negotiate better terms while others face competition from cash offers [19][20] Preparation for Buyers - Renters aiming to buy in 2026 should focus on reducing monthly obligations and improving credit scores, as lenders are closely monitoring these factors [21][22] - Buyers are encouraged to build savings and consider cash reserves to ensure they can comfortably manage future mortgage payments [25][26] Homeowner Considerations - Homeowners are sitting on significant equity and low mortgage rates, which complicates decisions about moving or refinancing [30][31] - Inventory levels are rising but still fall short of pre-pandemic numbers, making personal financial calculations more relevant than national trends [32][35] - Homeowners should focus on aligning their buying plans with their financial situations and long-term goals [35][36]

Core Insights - Foreclosure activity in the U.S. has increased by 21% in November 2025 compared to the same month last year, with one in every 3,992 housing units facing foreclosure filings [2][8] - The rise in foreclosures indicates growing financial stress among households, which could affect credit conditions, housing affordability, and overall economic resilience [3][4] - The impact of rising foreclosures on housing supply will vary by state due to differences in local laws and market conditions [5][10] Foreclosure Trends - November marked the ninth consecutive month of year-over-year increases in foreclosure activity, reflecting a trend of normalization in the housing market amid higher housing costs and economic pressures [4][8] - States with the highest foreclosure activity include Delaware, South Carolina, Nevada, New Jersey, and Florida, with cities like Philadelphia, Las Vegas, Cleveland, Orlando, and Tampa showing elevated levels [6][8] Market Dynamics - The potential increase in housing supply due to foreclosures is expected to be localized, particularly in markets experiencing rapid delinquency and foreclosure activity [6][10] - The timeline for properties to reach the market post-foreclosure varies significantly between judicial and non-judicial states, affecting when price impacts may be observed [9][10] Demographic Insights - Rising foreclosure rates among borrowers with government-backed FHA loans highlight a growing disparity between wealthier and lower-income homebuyers [10][11]