HousingWireHousingWire The so-called “silver tsunami” — referring to some kind of “rush” of older people into certain places, out of the workforce or to their housing stock, depending on who you talk to — is likely to have serious economic ramifications with negative potential, or a lot of upside potential…
Continue reading →HousingWireHousingWire The Department of Justice (DOJ) got its wish. On Friday, the Ninth Circuit Court of Appeals granted the DOJ’s request to speak at oral arguments in an appeal filed by now-defunct discount brokerage REX Real Estate in its lawsuit against the National Association of Realtors (NAR) and Zillow. In…
Continue reading →HousingWireHousingWire Before he was predictably fired by President Trump, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra published a template for state-level regulators to continue the core mission of the agency after he’s gone and Republicans work to dismantle the consumer watchdog. After firing Chopra, Trump appointed Secretary Treasury Scott…
Continue reading →HousingWireHousingWire In a new episode of the Top of Mind podcast, host Mike Simonsen sits down with Orphe Divounguy, senior economist at Zillow. They explore forecasts for the 2025 housing market, key macroeconomic trends to monitor, solutions to the housing affordability crisis and more. This conversation has been summarized and…
Continue reading →HousingWireHousingWire The long-term cost of a home loan remains above 7%, but the trendline is moving in a positive direction for consumers and lenders even after the Federal Reserve paused its rate-cutting cycle last week. Data at HousingWire’s Mortgage Rates Center shows that rates for 30-year conforming loans averaged 7.10%…
Continue reading →