Pending Home Sales Still in the Deepfreeze, Drop in the West & Midwest, Tick up in the South & Northeast by Wolf Richter • Apr 21, 2026 • 35 Comments Down by 35% from 2021, by 30% from 2019, and by 31% from 2018. The housing market is in the 4th year of this relentless mess.
Condo Prices Dropped by 12% to 31% in 31 Bigger Markets. Some Are where They’d Been 20 Years ago, such as Oakland by Wolf Richter • Apr 20, 2026 • 38 Comments Condos face some special challenges. Oakland (-31%), St. Petersburg, FL (-28%), Austin (-26%) … the names pile up.
The Most Splendid Housing Bubbles in America: Price Drops & Gains in 33 Big Expensive Cities, March 2026 by Wolf Richter • Apr 16, 2026 • 63 Comments From the “Mansion Shortage” in AI-bubble-epicenter San Francisco infecting mid-tier home prices, to Austin & Oakland where prices plunged over 25% since 2022.
Single-Family Home Sales Drop Further into Deepfreeze, Supply Hits 10-Year High, Condo Sales Plunge to Record Low by Wolf Richter • Apr 13, 2026 • 93 Comments March was a lousy beginning of spring selling season. But mortgage rates ticked up only modestly.
Bond Market Gets Nervous about Rising Inflation, Ballooning Debt, Sees Rate Hike. Mortgage Rates Jump to 6.46% by Wolf Richter • Apr 4, 2026 • 65 Comments 10-Year Treasury yield bounced to 4.35% on Friday, after dipping earlier in the week. 30-year Treasury near 5%. Entire Yield Curve above EFFR.
Inventory of Homes for Sale in California Rose to the 2nd Highest for March in over a Decade as Demand Withered: Biggest Markets by Wolf Richter • Apr 1, 2026 • 39 Comments In the San Jose metro (Silicon Valley), active listings hit at least a 10-year record for March. But Orange County lags behind.
Update on the “Lock-in Effect” in the Housing Market: Below-3% & 4% Mortgages Fade Very Slowly by Wolf Richter • Mar 27, 2026 • 52 Comments Share of ARMs originations fell further and is at historic lows: FHFA’s National Mortgage Database.
There Goes the Spring Selling Season: Mortgage Rates Jump, Mortgage Applications to Purchase a Home Drop by Wolf Richter • Mar 25, 2026 • 62 Comments Mortgage purchase applications are down by 35% from the same period in 2019 in a housing market that remains frozen.
Treasury Yields Spike, 10-Year to 4.39%, 30-Year to 4.96%, Mortgage Rates to 6.5%, as the Bond Market Gets Antsy by Wolf Richter • Mar 20, 2026 • 54 Comments Bond market frets about inflation, leveraged Treasury bets unwind, housing market frets about spring selling season.
Prices of New Single-Family Homes Drop Further, Inventory of Completed New Homes for Sale Highest since 2009 by Wolf Richter • Mar 19, 2026 • 37 Comments Hoping for lower mortgage rates that may not come.
