“In a normal market, price motivates people to sell, but that’s not the case this time around.” That’s just the beginning of the explanation that Windermere’s chief economist, Matthew Gardner, gives for the low inventory that’s plaguing housing markets all over the country — there’s a domino effect to the lack of motivation to sell.
Opinion
There will certainly be negative impacts on the housing market from COVID-19, but I anticipate that total existing home sales will drop this year by somewhere between 10-15%
Opinion
The 4 major factors are land, labor, material costs and regulatory fees
Opinion
No one can truly answer this question until we know how mortgage lenders and homeowners who have chosen forbearance will fare
Opinion
The jumbo market has not imploded, but economic uncertainty has led to fewer players in that space today
Opinion
Looking for a little clarity on this week's economic and housing news? Windermere Chief Economist Matthew Gardner gives his take on this week’s headlines
Opinion
Looking for a little clarity on this week's economic and housing news? Windermere Chief Economist Matthew Gardner gives his take on this week’s headlines
Demand for homes will remain strong; builders are racing to build more housing inventory
Windermere Real Estate’s Chief Economist, Matthew Gardner, gives his predictions for 2019
Opinion
They really aren't the big bad wolves people think they are
Next year will be remembered as the year when balance started returning to the luxury market
Expect slowed price growth and modest improvement in the number of homes for sale
Opinion
There needs to be a shift in government policy so that we can make it easier for builders to do what they do best
It's unlikely to be overturned entirely or prompt a subprime lending surge
Some lower-rated borrowers aren't even applying for mortgages -- why not?
Opinion
Matthew Gardner responds to Gary Keller's predictions of a potential downturn on the horizon
What to expect -- and how to prepare your clients
Things will start to settle down as soon as the smoke clears, but it remains remarkably dense.
What agents and homebuyers should know
An incoming tide raises all ships