I keep hearing some version of the same conversation in housing. When the Fed finally gets rates down, buyers will come back. Mortgage rates will improve. Transactions will pick up. Maybe we can finally get this market moving again. I understand why people think that...
Harvard just put a number on what buyers have been feeling for years. $120,000. That’s the household income now required to afford the monthly payment on a median-priced home in America, according to the Harvard Joint Center for Housing Studies’ State of...
40. The average first-time homebuyer in America is now 40 years old. In 1981 it was 29. We added 11 years in one generation — eleven years of rent, missed equity, and someone else's wealth building instead of yours. Market snapshot — April 2026 Existing home...
The average American household now carries roughly $288,676 in national debt, owes $767 a month on a car payment, and is sitting on credit card balances at over 21% interest. The personal savings rate has dropped to 4%. And as of this morning, the Federal Reserve Bank...
I was sitting in a meeting recently listening to a market update from one of the sharpest financial minds I know — Aaron VanTrojen, a CEO with his finger on the pulse of the mortgage industry. He dropped a number that stopped the room. America’s debt-to-GDP...
Affordable Housing Isn’t One Problem. We Need to Stop Treating It Lik…
