The Jobs Report Didn’t Break Anything. The Rate Did.

The Jobs Report Didn’t Break Anything. The Rate Did.

That’s not a labor collapse. Layoffs are still low and jobless claims are falling. What we have is a low hire, low fire economy, and it looks like it will carry us into 2027.The number that matters for anyone building or buying housing is the mortgage rate. It...
The Report Card Nobody in Housing Wants to Read

The Report Card Nobody in Housing Wants to Read

Most market reports tell you what already happened. This one is more useful, because it grades the 100 largest metros on two things that matter together: are they building enough homes, and can a normal family afford one?The report scores metros on permits relative to...
The Home Is the Last Thing We Still Build By Hand

The Home Is the Last Thing We Still Build By Hand

Last week HUD set up its Innovative Housing Showcase on the National Mall, and for a few days the lawn in front of the Capitol looked more like a job site than a monument. Manufactured homes, 3D printed studios, compressed earth block prototypes, panelized duplexes,...
The Best Week To Buy Nobody Believes Is Real

The Best Week To Buy Nobody Believes Is Real

Realtor.com says the week of September 27 through October 3 is the best week to buy a home in 2026. Median listing prices that week are running 3.5% below the summer peak of $416,000, which works out to roughly $14,000 in savings for a typical buyer. That is a real...