Monday's With Matthew

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Monday's With Matthew The Current State of the Housing Market The Current State of the Housing Market “Hello there, I’m Windermere’s Chief Economist Matthew Gardner, and welcome to this month’s episode of Monday with Matthew. With home prices continuing to defy gravity, mortgage rates spiking, the Fed raising interest rates significantly, a yield curve that is just keeping its nose above water, and some becoming […]
Monday's With Matthew Blockchain Technology and Cryptocurrencies in Real Estate The focus of this month’s Mondays with Matthew is how blockchain technology and cryptocurrencies may impact both Buyers and Sellers in the future. Milo claims to offer the worlds fist crypto mortgage. It allows borrowers to use bitcoin, but only bitcoin right now, as collateral for a 30-year mortgage. Windermere is not endorsing the milo […]
Monday's With Matthew The Impact of Rising Mortgage Rates The latest episode of Monday’s with Matthew addresses the spike in mortgage rates and if there will be any impacts to the housing market following Russia’s invasion of the Ukraine. Here is a chart how rates have moved over the past two years. Rates were falling in early 2020, they spiked when COVID-19 was announced, […]
Monday's With Matthew Top 10 Predictions for 2022
Monday's With Matthew Housing & Economic Forecast for 2022 Housing & Economic Forecast for 2022 Below is Gardner’s forecast for economic growth through the end of 2022. The impacts of Covid-19 are going to continue to act as a drag on virus sensitive consumer services next year and ongoing supply chain issues will also delay inventory restocking. Both of these have a depressing effect […]
Monday's With Matthew A Master Class In Mortgage Rates This months Monday’s with Matthew focuses on mortgage rates and what we can expect for the future. Gardner gives a crash course on how mortgage rates are set. There are many factors that impact the rate a homebuyer will get, which include credit scores and loan to value ratios, but the base rate is set […]
Monday's With Matthew How Do Buyers & Sellers Feel About the Housing Market?   This months Monday’s with Matthew focuses on the latest Home Purchase Sentiment Index Survey. This is a survey that focuses primarily on housing and it shows the responses of 1,000 consumers across the country. Gardner shares data about about the housing market regarding buying, selling, and if home prices will go up or down […]
Monday's With Matthew Housing and Economic Update   Gardner jumps right into the data releases that came out in August and starts with the new housing permits and starts. New home permits (single family permits) fell by 17% in July and they have been heading backwards since March. Although we have seen a pull back over the past few months the trend […]
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Monday's With Matthew Update on Homes in Forbearance   This was a great month to look at the data for the number of homes in forbearance as the program stopped taking new applications at the end of June. The situation today is a vast improvement from where we were last may. More than 4.76 homes were in the program last May, but by […]
Monday's With Matthew Housing Affordability Declines as Prices Continue to Rise and Incomes Fall By: Michael Hyman, A RESEARCH DATA SPECIALIST FOR THE NATIONAL ASSOCIATION OF REALTORS®. At the national level, housing affordability declined in April compared to a year ago, according to NAR’s Housing Affordability Index. Affordability declined in April compared to March as the median family incomes declined by 1.0% while the monthly mortgage payment increased 16.1%. The […]
Monday's With Matthew Is a Housing Bubble on the Horizon?   Today’s Monday’s with Matthew looks a bit different. While this 30 minute video is longer than the others, it is full of great information regarding the history on the housing crash in 2007 and whether or not we are in the midst of a housing bubble.
Monday's With Matthew Inventory, Mortgage Rates, and New Construction Matthew Gardner’s latest video on the housing market is full of important information regarding inventory, mortgage rates, future predictions, and new home builds. There continues to be an extremely limited amount of inventory, but Gardner is still expecting that the number of home sales will increase by more than 11% compared to last year. With […]
Monday's With Matthew Home Ownership Rates Matthew begins with information on the current home ownership rates and dives into the data regarding home buying and the younger generation. The ownership rate for millennials is increasing and the current rate of 38.5% is a share not seen since back in 2011. Gardner believes this number will continue to rise over the next […]
Monday's With Matthew Housing & Economic Update Matthew came out with his first video for 2021 and it’s full of great information! If you don’t have time to watch the full video we have provided some highlights below. Starting with The National Association of Home Builders report we can see that the index has slipped from 86 to 83, but builder’s still […]
Monday's With Matthew The 2021 Housing Forecast This past year mortgage rates have broken record lows, and we have watched them drop week after week. Matthew Gardner predicts that rates will most likely bottom out in the current quarter but he doesn’t see mortgage rates increasing significantly next year. Regarding existing home sales, Matthew Gardner forecasts that sales should be up by […]
Monday's With Matthew The Latest US Home Sales Data  Existing home sales rose for the 5th consecutive month, and sales are 26.6% higher compared to a year ago. As sales rose in October, so did prices. The median home price in October was up by 15.5% compared to a year ago, and we haven’t seen that pace of price growth since 2006. Mortgage rates […]
Monday's With Matthew Housing Affordability Index Quick Update from Matthew Gardner: How Will Election Results Impact the Housing Market? Michael Hyman is the National Association of Realtor’s Research Data Specialist. Below is his most recent article from November 13, 2020, discussing the housing affordability index, median family income, and mortgage rates. “At the national level, housing affordability declined in September 2020 […]
Monday's With Matthew Analyzing the US Job Market Jobs continue to return, but the pace has slowed significantly. The country added 638,000 jobs in October, which was surprisingly strong due to the current rate of COVID-19 cases. It’s good to see the unemployment rate drop, but the amount of people who have been unemployed for more than six months has increased by 1.2 […]
Monday's With Matthew The Latest Housing Information   At the end of Matthew Gardner’s video he states that the housing market continues to outperform, but the pace of price growth is not sustainable and while it has to start tapering off at some point it isn’t quite there yet. Check out the graphs below or watch his video to see what was […]
Monday's With Matthew Interest Rates and Housing Affordability What this means in layman’s terms, is the low interest rates have fueled the housing market. This is causing home values to go up faster than interest rates are dropping. As a result we could find many buyers getting priced out of the market. When buyers exit a sellers market, supply and demand is affected. […]
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