Daily Blog Posts

Daily Blog Posts Mortgage Application Data: Weekly Data Down but Year-over-year data is up Understanding Mortgage Indexes: What the Latest Data Really Shows The latest report from the Mortgage Bankers Association shows a 10.9% decline in mortgage applications. However, this headline number reflects multiple components that should be analyzed separately. The Three Key MBA Indexes The Market Composite Index measures total mortgage application volume. This index declined 10.9% week […]
Daily Blog Posts Mortgage Applications Rise as Rates Hit 2026 Highs Mortgage Demand Rises Despite Higher Rates Mortgage applications recently increased 3.2% week-over-week and 11% compared with the same time last year. This increase occurred even as mortgage rates moved up to 6.35%, according to Mortgage News Daily. These numbers show that borrowing activity remains active despite higher financing costs. What Rising Applications Suggest Mortgage application […]
Daily Blog Posts Speeches by Fed Presidents, John Williams, Jeff Schmid, and Neel Kashkari Federal Reserve Signals Patience as Inflation Holds Above Target On March 3, three Federal Reserve regional bank presidents shared updated perspectives on inflation, growth, and interest rates. Their remarks provide insight into how policymakers view the economy heading into upcoming Federal Open Market Committee discussions. While each official emphasized different risks, the overall message was […]
Daily Blog Posts Waller’s Feb 2026 Fed View: PCE, GDP, Yields, March Call Waller’s Feb 23, 2026 Message: Solid Growth, Fragile Labor Federal Reserve Governor Christopher Waller said on February 23, 2026 that the U.S. economy is growing solidly overall. However, he also described the labor market as fragile. That caution follows an exceptionally weak 2025. Waller noted that net job creation was near zero or negative outside […]
Daily Blog Posts Economic Reports Points Towards Stability for Housing Important Economic Data from This Week The latest economic reports confirm a resilient but cooling national economy. January payrolls rose by 130,000. That exceeded expectations of roughly 55,000 to 70,000. The unemployment rate dipped to 4.3%. However, benchmark revisions significantly reduced 2025 total annual job growth from approximately 584,000 to 181,000 (very low in historical […]
Daily Blog Posts Mortgage Rates Stayed Stable After the Jobs Report Why Mortgage Rates Stayed Stable After the Jobs Report The latest jobs report showed 130,000 new jobs added. Unemployment fell to 4.3%. At first glance, this data appears strong. Normally, strong labor data can pressure interest rates higher. However, bond markets reacted cautiously. As a result, mortgage rates did not spike sharply. Here’s what influenced […]
Daily Blog Posts Mortgage Rates Dip as Markets Brace for Jobs Report Mortgage Rates Hit 3-Week Lows — Here’s What Drove the Drop and What Comes Next Mortgage rates declined to their lowest levels in more than three weeks following a downbeat Retail Sales report that signaled weaker consumer spending. According to Mortgage News Daily, the softer data prompted a bond market rally, easing Treasury yields and […]
Daily Blog Posts US Spring Housing Market Signals Spring Housing Signals: What an Economist Is Watching for 2025 Spring momentum is showing up in weekly housing data. However, the changes look measured. They do not look like a boom. These insights come from Mike Simonsen, Chief Economist at Compass, who discussed current conditions using Altos Research weekly market data in a recent podcast […]
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Daily Blog Posts Fed Keeps Rates Steady & What That Means for Housing Fed Signals Stability Today — With a Looser Policy Path Emerging The Federal Reserve held interest rates steady at today’s FOMC meeting. However, Chair Jerome Powell’s remarks offered meaningful insight into where policy may head next, especially for interest-rate-sensitive sectors like housing. Growth Outlook Strengthens Into 2026 Powell stated that economic growth has started the […]
Daily Blog Posts Federal Housing Administration (FHA) is Financially in Great Shape & Why It Matters The FHA’s Insurance Fund Is Stronger Than Many Think The Federal Housing Administration plays a major role in the housing market. It insures mortgages made to buyers who often have lower down payments. To protect lenders, the FHA uses an insurance pool called the Mutual Mortgage Insurance (MMI) Fund. This fund collects mortgage insurance premiums […]
Daily Blog Posts King County Single-Family Market Update King County Housing Market: Why Price Point Matters More Than Headlines The King County single-family housing market remains stable as January 2026 comes to a close. According to the Market Action Index, the overall market sits at 44, which indicates balanced conditions leaning slightly toward sellers. However, that headline number masks meaningful differences across price […]
Daily Blog Posts Snohomish County Real Estate Market 2025: Homes vs Condos Snohomish County Housing Market Review: 2025 Single-Family Homes vs. Condominiums Snohomish County’s 2025 housing data highlights a year of transition. While overall inventory increased and sales slowed slightly, market conditions varied significantly between single-family homes and condominiums. Single-Family Homes: More Supply, Stable Prices New single-family listings increased 5.5% year over year. Active inventory climbed 50.1%, […]
Daily Blog Posts NWMLS King County Housing Market 2025: Single-Family vs. Condo Trends Single-Family Homes: More Supply, Stable Prices King County’s single-family housing market saw a significant inventory expansion in 2025. Active listings increased nearly 42% compared to the prior year. New listings also rose more than 10%. However, closed sales declined 2.9%. Therefore, higher inventory did not translate into higher transaction volume. Even so, prices remained resilient. […]
Daily Blog Posts 2025 Statewide NWMLS Annual Recap 2025 NWMLS Sales Recap: What the Data Means for Puget Sound Northwest MLS brokers reported 67,929 residential and condominium sales in 2025, totaling more than $55 billion in closed volume. Sales increased by only 0.21% from 2024, confirming that market activity remained largely unchanged. Median prices also showed minimal movement. The median sale price reached […]
Daily Blog Posts PROPOSED Tax Changes in Housing to Address Affordability What Housing Tax Proposals Are Actually on the Table? Housing affordability has pushed tax policy back into the spotlight. However, it’s important to separate enacted law from policy discussion. Capital-Gains Exclusions for Buyers There is no current legislation allowing first-time buyers to exclude capital gains on investments for down payments.This idea appears mainly in policy […]
Daily Blog Posts Houzz 2026 Kitchen Remodeling Trends Kitchen Renovations Shift Toward Built-In Features in 2026 Kitchen renovations remain one of the most common home upgrades. However, homeowner priorities are changing. New national data shows a clear move toward built-in features and specialized storage. According to the 2026 U.S. Kitchen Trends Study from Houzz, most homeowners now focus on functionality first. As a […]
Daily Blog Posts 2026 Economic Outlook: What Moody’s Baseline Means for Puget Sound Real Estate A 2026 economic outlook with real estate implications for Puget Sound Moody’s Analytics started 2026 by comparing their 2025 forecasts to early results. Their team says they were very close on jobs and GDP. However, they were less accurate on the stock market. Home prices also ran stronger than expected on the FHFA index. What […]
Daily Blog Posts January 2026 Mortgage Rate Update: MBS Purchases & 30-Year Rate Movements Mortgage Rates Moved This Week — Here’s Why Mortgage rates declined slightly this week, driven by a mix of federal policy action and bond market movement. Two developments happened at the same time, and together they influenced how lenders priced mortgages. Policy Action: Mortgage-Backed Securities Support According to a recent HousingWire podcast, **Fannie Mae and […]
Daily Blog Posts November CPI Data Comes in Much Lower Than Expected The November 2025 Consumer Price Index (CPI) report showed inflation slowing more than expected. Headline CPI rose 2.7% year over year. Core inflation, which excludes food and energy, came in near 2.6%. Both figures were below forecasts. The report raised new questions about data accuracy. A recent government shutdown disrupted data collection, which may have […]
Daily Blog Posts Mike Simonsen, Chief Economist at Compass and Founder of Altos Research – 2026 Housing Market Forecast: Inventory Growth and Improving Affordability What’s changing heading into 2026 For the past few years, home sales stayed low while prices kept rising. That made affordability worse. In the Compass 2026 outlook, that pattern starts to shift. More homes are available for sale in many areas. That gives the market more room to function. Why affordability may improve The forecast […]