For the first time since 2006, purchasing an entry-level home costs more than twice as much per month as renting. 🫥

RT @housing_alex: NEW: 1 in 3 fix-and-flippers are having labor availability challenges due to immigration enforcement. We're not hearing….

RT @EricFinnigan: Important demand shift underway in US housing:. Renter households are surging as homeowner growth stalls. This shift (an….

RT @EricFinnigan: US homeowner households fell for the first time in 9 years. This corroborates the dud of a peak selling season reported….

(9/9). For investors: Market conditions have created challenges for those looking to make a quick buck or earn a high rental yield, as well as opportunities for those who see homeownership as an important part of their asset diversification strategy or an opportunity to grow.

(8/9). For home sellers: The days of quick sales at a high asking price have ended in most markets. Realistic pricing and patience will be essential. Entry-level home sellers must meet the payment requirements of first-time homebuyers. Move-up and luxury home sellers must.

(7/9). What this means for you. For homebuyers: This shift creates opportunities for those with stable jobs. More inventory and motivated sellers mean better negotiating power and potentially lower prices. Those registered with homebuilders receive regular emails with incentives.

(6/9). Where jobs are declining:. Bay Area and other coastal markets are seeing YOY job losses. The high-income sectors that typically drive new home purchases (Information, Financial Activities, and Professional and Business Services) are experiencing the steepest losses. When.

(5/9). Fewer jobs mean fewer homebuyers and more renters.The job market—a crucial driver of homebuying—is weakening across the country. Employment growth has slowed, and some markets are losing jobs compared to last year. Where jobs are still growing (but slower than before):.

(4/9). The following chart shows what has happened to new home prices, net of incentives, by region of the country in the last year. We are releasing our proprietary Homebuilder Survey to our clients this week, which will include updated new home prices for July.

(3/9). Price drops spreading. With new home construction exceeding job creation in most areas, the supply of newly built homes is outpacing new demand. Homebuilders are lowering prices and payments to find demand. Price weakness has expanded across the Southeast, Southwest, and.

(2/9). The housing market is cooling fast. Are you ready?. -Resale prices are down compared to one year ago in 53 of 150 markets we track, with declines spreading beyond Texas and Florida. -New home prices, including builder concessions and incentives, have fallen -1.5% versus.

(1/9). 🤯Home prices are falling in 35% of the country . [A thread]

RT @housing_alex: It's a tough market for private builders, who often lack key financing advantages available to public builders. Great q….

RT @RickPalaciosJr: The repair and remodel (R&R) space continues to struggle, as noted by recent company earnings (many lowering guidance).….

New home prices are down -1.5% YOY nationally 📉. Builders are leaning on incentives to move inventory, especially in markets like NorCal and Florida. Meanwhile, the Northeast and Midwest are holding well.

BREAKING: Home prices have fallen in 53 of 150 markets we cover.😬. Any surprises here?

RT @RickPalaciosJr: Orlando home prices are falling YOY, and single-family rents are heading in that same direction. Weak home price tren….

RT @EricFinnigan: Immigrants are leaving US workforce in mass. Remittance payments US→MX plummeting, down over -2 million from a year ago.….