On today’s Hot Sheet, Byron Lazine broke down new HousingWire data showing lower mortgage rates are lifting demand, with purchase applications jumping 18% year over year.
He also covered Bank of America’s Q4 2025 migration report, which found U.S. relocation activity has fallen more than 50% since 2021 and nearly two-thirds of major metros are now losing population.
For today’s third topic, Byron reviewed Zillow’s latest 12-month forecast projecting 1.2% home value growth and existing home sales rising from 4.09 million in 2025 to 4.26 million in 2026.