Demand in the Housing Market Just Got Even Worse, as Supply Piles Up by Wolf Richter • Jun 4, 2025 • 131 Comments Waiting for lower prices, higher incomes, and lower rates.
Pending Home Sales Plunge in All Regions, Inventories Surge. In the West & South, Collapsed Sales Meet Spiking Inventories by Wolf Richter • May 29, 2025 • 67 Comments Adios, “spring selling season.”
The 10 Big Cities with the Biggest Price Declines of Single-Family Homes from their Peaks through April: -7% to -21% by Wolf Richter • May 26, 2025 • 71 Comments Austin, Oakland, New Orleans, San Francisco, Washington D.C., Phoenix, Portland, Denver, Fort Worth, San Antonio.
Inventory of New Houses for Sale at 500,000, Most since 2007, Driven by the South & West. Prices Zigzag Lower, Sales Rise by Wolf Richter • May 23, 2025 • 34 Comments As homebuilders got aggressive with mortgage-rate buydowns, incentives & lower prices, sales held up, unlike sales of existing homes, which collapsed.
Spring Selling Season Fizzles, Worst April for Home Sales since 2009, Supply Surges to Highest since 2016, YoY Price Gains Fade by Wolf Richter • May 22, 2025 • 121 Comments Epic demand destruction has ensued after prices spiked by 50% in three years. And now supply is piling up.
As Tech Jobs Plunge in San Francisco & Silicon Valley, Housing Reacts: Condo Prices Drop Back to 2015, Single-Family Home Prices Back to 2018 by Wolf Richter • May 21, 2025 • 94 Comments The massive 10-year home-price spike to 2022 was more than the economy could bear and did a lot of damage, including to employment, as we can see.
The Most Splendid Housing Bubbles in America, April 2025: The Price Drops & Gains in 33 of the Largest Housing Markets by Wolf Richter • May 18, 2025 • 82 Comments National year-over-year price gain shrinks to 0.7%. Now 18 of 33 metros have YoY price drops: San Diego, Austin, Tampa, Miami, San Francisco, San Antonio, Dallas, Phoenix, Orlando, Atlanta, Denver, Raleigh, Houston, Birmingham…
Here Come the HELOCs: Mortgages, Housing-Debt-to-Income-Ratio, Serious Delinquencies, and Foreclosures in Q1 2025 by Wolf Richter • May 14, 2025 • 61 Comments Who’s on the hook this time? Mostly not the banks, but taxpayers, except for HELOCs.
Housing Bubble & Bust #1 and #2 as Seen through Employment at Mortgage Lenders: They Shed Jobs Again, 38% Gone by Wolf Richter • May 12, 2025 • 69 Comments Nonbank mortgage lenders and loan brokers react quickly to demand, which has collapsed.
California Inventory of Homes for Sale Suddenly Piles Up: +51% Year-over-Year, to Highest April in Years by Wolf Richter • May 5, 2025 • 87 Comments Active listings in San Diego +70% yoy, Los Angeles +50%, San Jose & Silicon Valley +67%; San Francisco metro +43% (highest April since at least 2016)
