Austin Whitt
@AustinWhittRE
The Story of the U.S. Housing Market | Thread A lot has changed over the past five years, and the U.S. housing market is no exception. We want to walk you through the story so you can better understand what has transpired and what is likely to unfold in the coming months.
These fucking idiots think you're stupid. He killed the American Dream in 2019 when he slammed rates to ZERO
Hey @pulte you useless fuck, when are you going to comment?
Open the fucking floodgates, bring this to front page news. Occupancy FRAUD has stolen the American Dream The problem: Mortgages signed by the Paxtons contained inaccurate statements declaring that each of those three houses was their primary residence, enabling the…
If you’re wondering why the Director of Housing is spiraling in real time… Just know: Pulte Homes’ Q2 net income dropped 25% from $809M in 2024 to $608M in 2025. All this noise is about protecting a business model that breaks the moment money isn’t free.
Absolutely there is! My state, (like most) have rules and regulations around unsubstantiated selling claims. In TN, if an agent is using the “marry the house” term in order to sell houses, they need to put the terms of that offer in writing (which they didnt).
Man, this would be messy. Is there even enough standing to sue for this? Unless they put explicit language & timelines in their “date the rate” BS, would it even have merit? I hate that term. It was toxic marketing & they preyed on the naivety of home buyers.
You know what opens up the housing market? Lower prices
This is so dumb, and so wrong - lower o'night rate right now = steeper curve & higher long-end rates = higher mortgage rates *BESSENT: RATE CUTS WILL OPEN UP HOUSING MARKET
Sue every loan officer and agent that said marry the house, date the rate. Especially if you signed a buyer rep agreement with the agent.
Mortgage rates haven’t dropped below 6% since September 2022, and economists don’t expect a return to the lows of a few years ago, per WSJ
End the Fed!
Since 2020, the dollar has lost over 20% of its value. Wages didn’t go up 30%. Groceries did. Rent did. Everything did. This is what quietly getting poorer looks like.
End the Fed!
🚨 BESSENT ON POWELL: WE NEED TO EXAMINE THE ENTIRE FEDERAL RESERVE INSTITUTION
This is why national home price guessing is both worthless and a grift. Real estate was never national. It has always been local and always will be.
40% to go
If you bought in Nashville before 2022, you’re probably still in denial. If you bought after 2022, you skipped straight to bargaining. A lot of the price cuts we’re seeing are from folks who bought recently. Equity fades fast when the FOMO party stops.
The Five Stages of Grief for Home Sellers in Falling Markets 🔹Denial – “My house is worth a lot more than that!” 🔹Anger – “That real estate agent isn’t doing any work at all to sell my house!” 🔹Bargaining – “Okay, if I can just break even.” 🔹Depression – “I was a fool to…
Higher for longer! Only a few seem to understand what’s coming down the road.
I don't know who needs to hear this but firing Jerome Powell won't lower mortgage rates.
The Federal Reserve is why you can’t afford a home
Pulte wants to fire Powell over a (supposed but not confirmed) 2.5B overpriced Fed building renovation. Meanwhile, Pulte and housing inflators have no complaints about the 3700B that the Fed printed (2008-2018) to inflate housing prices and wrecking the country that way.
To address global housing affordability, raise interest rates to 15%. The next day, housing becomes affordable. Pay attention. Consequences are coming.