Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. Despite this, we had positive data on existing home sales, purchase applications, and our weekly pending contract figures. Total active listings are experiencing their traditional seasonal decline, but…
"December 21, 2024" Archives
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Relatively cheap housing, low taxes, looser COVID-19 restrictions and an influx of major employers turned Texas housing markets into hotspots after the pandemic began in March 2020. There weren’t many metro areas that rivaled the boom in Austin. The emerging technology sector brought wealth from the West Coast and pushed home prices sky high in…
Industry heavyweights continue to weigh in on the future of the Clear Cooperation Policy. What’s your take?
Googie architecture is a midcentury design style characterized by dramatic rooflines, pops of color, large glass windows and flashy signs. Anna Kodé, a reporter covering design and culture for the Real Estate section of The New York Times, describes the efforts by preservationists to save examples of the distinctive style.