2025

Home sales stay surprisingly positive even with higher rates

The weekly home sales data for last week was a big surprise. If someone had told me at the beginning of the year that we would have mortgage rates fluctuating between 6.64% and 7.25%, trade war escalations, stocks slipping into bear market territory and confidence data collapsing — I would think housing demand would be negative year to date and year over year. Yet, amid all those conditions, our...

6 charts that show storm clouds brewing over the spring homebuying season

The housing market is facing unprecedented uncertainty and volatility headed into the spring buying season. Recent reports and data signal that the impacts are setting in. Homebuilders D.R. Horton and KB Homes held earnings calls this week, and the results aren’t great. In the first quarter of 2025, KB Homes took a $334 million loss in cash resulting from operations. Net sales orders and home sales...

Assessing the reverse mortgage technology landscape

Reverse mortgages have a minimum age requirement that serves as a key differentiator for the product. But it also leads to questions about how much — or how little — technology tools can or should interact with the business. But things seemed to take a step forward last week when one of the leading lenders in the space, Fairway Independent Mortgage Corp., announced that it was implementing hybrid...

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