San Francisco looks like a deflating Pandemic Housing Bubble—while housing markets in New York and Chicago remain stable

The housing industry is at an unprecedented moment in time. The COVID-19 pandemic brought interest rates to record lows and spurred a $4 trillion purchase and refinance mortgage boom in 2021. Rapid inflation not seen […]

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. First, here is a quick housing market […]

  It’s a problem with an obvious solution. Since there are not enough cheap apartments at the same time many city offices remain empty, it would make sense to convert those fiscally distressed office towers into housing. […]