Housing market demand is holding, but pricing gaps are breaking deals
Housing demand is still holding up on a year over year basis, even as mortgage rates sit at 6.64%, a level that has historically marked a key dividing line for demand. That is the backdrop Logan Mohtashami laid out in this week’s Housing Market Tracker, where he wrote that “we are at a key inflectio
Housing supply summit highlights the cost of complexity
I love Jerusalem Demsas’ “Housing Breaks People’s Brains” article in The Atlantic from November 2022. For me, it’s a trailhead for understanding why efforts and solutions aimed at the housing access and attainability crisis for so many Americans often short-circuit and fizzle before they can fix any
UWM tried for its first acquisition, then its stock fell and the math stopped working
When UWM Holdings Corp. lost its bid last week to acquire Two Harbors Investment Corp. (TWO), upstaged by an offer from rival CrossCountry Intermediate HoldCo, analysts were not entirely surprised. “It was such a wild turn of events,” said Eric Hagen, an analyst at BTIG. “But we were not surprised t
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