FINNENCE ▪ THE WIRE FILE
THE WIRE · № 87362
Video■ Mixed
Tom Keene on the “scandal” of real estate
KINDVideo
DIRECTION■ Mixed
SOURCES1
ENTITIES2
STORY SIZESTANDALONE
FIRST SEEN
LAST UPDATE
STATEactive
01 THE MACHINE READ
WHY IT MATTERS.
THE MACHINE IS STILL READING THIS ITEM — ANALYSIS LANDS WITHIN MINUTES OF INGESTION.
FULL DISPATCH
Rising prices and mortgage rates are weighing on the housing market, causing more Americans to reconsider home ownership. Tom Keene shares his thoughts.
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
CONTEXTHousing
CONTEXTReal Estate
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
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America appears in a homebuyer recession. Mortgage purchase applications are down 60% from their pandemic peak, per Redfin. Demand is now back near 1995 levels, lower than at any point during the 2008–2012 housing crash. It comes as mortgage rates sit above 7%, pending home sa2026-10-18 21:01 UTC
America appears in a homebuyer recession. Mortgage purchase applications are down 60% from their pandemic peak, per Redfin. Demand is now back near 1995 levels, lower than at any point during the 2008–2012 housing crash. It comes as mortgage rates sit above 7%, pending home sa2026-10-18 21:01 UTC
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Summaries are generated and may contain errors — every claim links its sources.