Financial engineering cannot fix a physical shortage.
Whether it's portable mortgages or buying MBS, the new proposals miss the root cause: We simply aren't building enough homes where people most want to live. 🏘️

Many economists doubted AI until it hit their workflows. Now, tools like Claude Code do weeks of analysis in hours. As analysis becomes cheap, the real value shifts to novel ideas and gathering unique, proprietary data. (Video inspired by #EconSky)

Is disaster capitalism taking over wildfire impacted neighborhoods? Redfin data shows investors bought 40% of lots in wildfire-hit LA areas.
To stop displacement, we need Community Land Trusts to keep housing affordable. Watch this video & read my article for Forbes.
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The 2.7% inflation print is misleading. 🚫 Missing data due to the shutdown was assumed to be 0%, skewing results downward. This fishy🐟 data likely won't drop mortgage rates. As Redfin's Chief Economist, I'm waiting for December numbers for the real story. 👇

Applying for jobs and hearing nothing back? 😩
It's not you it's the economy. We are in a hiring recession.
In this video, I explain:
- Why this hits new grads hardest.
- The impact on wage negotiation.
- Why it’s time to think like an entrepreneur.

Is the economy crashing or booming? 📉📈
November unemployment rose to 4.6%.
The Optimist sees real wage growth.
The Pessimist sees recession signals.
The truth is likely in the middle.
As Redfin’s Chief Economist, here’s the silver lining: A softening economy pushes interest rates down for homebuyers

Is the "Low Hire, Low Fire" labor market killing productivity? 📉 Chief Economist Daryl Fairweather explains why the Federal Reserve might NOT cut interest rates next week—and how an AI Bubble is complicating everything. 🫧

Climate risk scores aren't just useful to homebuyers, they can help homeowners too. That's one reason why Redfin is keeping climate scores on the Redfin app and website.

Zillow dropped climate risk scores. Redfin kept them.

Why? Our research shows these scores are useful to homebuyers.

Ideally, we'd have information on rising insurance costs. But until insurance disclosure rules change, we will continue to provide the best info available.

During the foreclosure crisis researchers (including me) found that many homeowners started missing housing payments after an unexpected medical event. This has me worried about what could happen to the housing market if ACA subsidies go away.

U.S. home delistings surged 28% in Sept according to new Redfin data. 85k sellers pulled listings rather than cut prices amid high rates. FL & TX are seeing the most delistings. It’s a standoff: buyers can't afford to buy and sellers won't drop prices, keeping the housing market frozen.

Is the AI bubble about to burst? Probably not because high interest rates are keeping the bubble from getting too big. However, if the Fed were to accelerate rate cuts, the bubble could over-inflate and burst in a way that takes down the economy. And this is probably giving the Fed some pause.

Rural home prices are up 61% since the pandemic, outpacing urban areas. Why? Remote work is driving demand, but limited supply is pricing out locals. According to Redfin, you now need a $74k income to afford a rural home—double the pre-pandemic requirement.

Local control limits housing supply. The fix? State-level reform. From CA’s ADUs to zoning changes in MT & FL, we’re seeing bipartisan progress on abundant housing.