From Our Economists
Hot Jobs Report Slightly Increases Odds of a Fed Rate Hike This Month
Takeaway: A hot jobs report will put upward pressure on rates today as it slightly increases the odds of a rate hike at the September
New Listings Hit a 4-Year High, A Silver Lining for Today’s Buyers
More homes are hitting the market, giving buyers across much of the country more options and negotiating power. The problem? Buyers aren’t exactly rushing
Mortgage Rates Could Swing as Markets Brace for a September Fed Meeting
In A Nutshell: Rates could wobble quite a bit over the next two weeks leading up to the September 16th Fed meeting as Chair Warsh’s
Canadian Tariffs, Inflation Numbers Unlikely to Move Mortgage Rates as Markets Await Jackson Hole Address
In a Nutshell: With an absence of economic data, geopolitics and the Fed are once again moving rates as markets carefully monitor negotiations with Iran
Markets Await Clues on Fed’s Next Moves as We Enter a Quiet Week For Data Releases
In A Nutshell: The economic calendar is light this week with little new information for markets to chew on. The Fed’s Jackson Hole symposium next
Mortgage Rates to Hold Steady on As-Expected Inflation Report, Dimming Odds of a September Fed Rate Hike
Takeaway: Rates should see little change today following an as-expected inflation report, but a Fed hike in September seems increasingly unlikely. Core inflation came in
Why Are So Many Luxury Condos Built In Cities That Face An Affordable Housing Crisis?
Originally published to Forbes on May 30, 2023. Despite a lack of affordable housing, many American cities have seen a paradoxical proliferation of new luxury
A Debt-Ceiling Crisis Would Hit the Housing Market Like a Hurricane
Originally published to Forbes on May 18, 2023. Natural disasters like hurricanes and snowstorms tend to temporarily halt housing market activity in affected areas. If
Redfin Economist Q&A: Tips For Homebuying & Selling As Mortgage Rates Remain Elevated
Many homebuyers and sellers have backed off as persistent inflation and mixed economic signals send mortgage rates up. But for people who are moving now,
Redfin Economist Q&A: Advice for People Who Need to Move Now While Housing Costs Remain Near Record Highs
Many prospective buyers and sellers have retreated to the sidelines as mortgage rates near 7% and home prices remain high, sending sales and new listings
Redfin Economist Q&A: How Rising Rates and Economic Uncertainty Could Impact Home Prices, Migration, Rentals and More
Redfin economists answered questions about what’s likely to happen in the housing market as the economy stumbles. High mortgage rates will likely keep homebuyer demand
