Every day that the markets are open Byron Lazine shares the latest news for the housing industry on The Hot Sheet —real estate’s only live daily show.
Each week, he dives into the latest must-know data for real estate professionals, including housing inventory, home price values, mortgage demand, the state of the economy, and more.
To ensure you don’t miss a thing about the state of the housing market, this week’s Hot Sheet Recap provides a link to every segment covered throughout the week.
$1.5 Trillion Banking Backstop Exposed
Byron started off the week with a housing inventory update from Housing Wire. He then dove into news about the Federal Home Loan Bank system, which is providing millions of dollars to its executives.
Click any of the timestamps below to watch
What’s Left of Housing Boom Gains
Tuesday’s show started with home price reports from Black Knight and CoreLogic, and why consumers need to understand the difference between year-over-year and month-over-month data for home values.
From there, Byron shared charts from Lance Lambert showing which markets are holding on to their pandemic housing boom gains.
He wrapped up the show with four real estate companies that lost their Fortune 500 statuses this year: Anywhere Real Estate, Zillow, Compass and Rocket Companies.
Watch any of the segments here:
- 02:00 Home Prive Values from Black Knight and CoreLogic
- 13:42 Pandemic Housing Boom Gains
- 17:26 Fortune 500
U.S. Rent Prices have the Fed in a Pickle
Wednesday’s show started with updates from Zillow and Redfin on the rental market, and what that means for the upcoming Fed meeting. Next, the conversation turned to early reports for local housing markets in May, followed by an update on mortgage applications.
Tune in here:
- 02:27 Rental market reports
- 17:05 Early reports for local housing markets
- 21:27 Mortgage applications
Most Cash Home Buyers in a Decade
All cash buyers in the housing market have reached the highest level in a decade, according to a recent Redfin report. This, along with mortgage rates remaining around 7%, points to why mortgage lending activity has fallen to a 20-year low.
From here, Byron discussed financing for apartment developments and the latest numbers for jobless claims.
Watch any of the segments below:
Home Prices Increase Again Month Over Month
To end the week, Byron shared the May Zillow Home Value Index, which showed another increase in home prices month-over-month.
He then shared Redfin’s rental market report for May before closing out with climbing U.S. Treasury yields.
Watch by clicking the timestamps below:
For access to all the charts and resources from the Hot Sheet, sign up for BAMx.
This Simple Instagram Post Generated 97 Comments (and a Month of Content Ideas)