To start things off, I have an announcement to make, today will be my last weekly article for Altos Research. I founded Altos nearly 20 years ago to bring a new level of analytics and data to the housing market. Two and a half years ago, Altos was acquired by HousingWire, and it’s been tremendously […]
Inventory back to 2019 levels and what that means for 2025 Read More »
One of the lesser known storylines in housing economics is that the improvement in mortgage spreads since 2023 has contributed to a noticeable trend in purchase application data for 2025, which is now showing 15 consecutive weeks of positive year-over-year growth. Mortgage spreads recently turned negative due to market volatility, which resulted in an increase
Better mortgage spreads boost housing demand in 2025 Read More »
If someone had told me that home sales would remain firm this year despite mortgage rates ranging from 7.25% to 6.64%, I would not have taken that bet. However, amid all the chaotic economic headlines of 2025 so far, the demand for mortgages is holding steady, even with the higher rates. Let’s dig into the
Mortgage demand still staying firm with elevated rates Read More »