Real Estate Dinosaur | Paid Attention Along The Way | Lots of Ideas | Real Estate Data, Economics & Tech | Occasional Opinions and posts.
Leominster, MA 01453
Joined February 2008
- Tweets21.7K
- Following2.6K
- Followers3.4K
- Likes6.9K
Gerry Bourgeois retweeted
U.S. existing home sales by month
Resale turnover remains constrained
This is the raw adjusted data
Table via @ResidentialClub
Gerry Bourgeois retweeted
Average 30-Year Mortgage Rate in the US…
1970s: 8.9%
1980s: 12.7%
1990s: 8.1%
2000s: 6.3%
2010s: 4.1%
2020s: 5.3%
---
All-Time Low (Jan 2021): 2.65%
2023 Peak (Oct 2023): 7.79%
Today's Rate: 6.38% (highest since Sep 2025)
Gerry Bourgeois retweeted
Current situation:
1. US inflation expectations have surged to 5.2%, 3-year high
2. The Russell 2000 is officially in a technical correction
3. US gas prices have risen nearly +45% in four months
4. Interest rate futures are now pricing-in potential rate HIKES
5. Gold prices are down -$1,000/oz from their record high
6. Mortgage rates have risen 50+ bps to new 2026 highs
We are witnessing colossal economic change on a daily basis.
Gerry Bourgeois retweeted
Mortgage Rates Move Back Above 6.5%
30 Yr. Fixed: 6.53% (+0.10% ▲) | 15 Yr. Fixed: 6.07% (+0.05% ▲) |
mortgagenewsdaily.com/mortga…
Gerry Bourgeois retweeted
Initial UI claims still very low at 205k, and continuing claims remain below 1.9 million; for all the news of layoffs and lousy jobs numbers, we're still not seeing this apparent weakness show up in unemployment claims:
Gerry Bourgeois retweeted
New home share of total inventory remains historically elevated, but is moving back toward normal.
Gerry Bourgeois retweeted
Sales of new single-family houses in January 2026 were at a seasonally adjusted annual rate of 587,000. This is 17.6% below the revised December 2025 estimate of 712,000.
🏠 census.gov/construction/nrs/…
#CensusEconData #NewResidentialSales
Gerry Bourgeois retweeted
EXPANDING ACCESS TO HOME LOANS: Today, President Donald J. Trump signed an Executive Order to reduce regulatory burdens that have driven up mortgage costs, limited access for creditworthy borrowers, and weakened community bank participation in lending.
whitehouse.gov/fact-sheets/2…
Gerry Bourgeois retweeted
U.S. existing home sales total 257,000 in February 2026
Since 2000, February has averaged 310,000 U.S. existing home sales
Resale turnover remains constrained
Table via @ResidentialClub
Data via @nardotrealtor
Gerry Bourgeois retweeted
Exclusive: The two largest real-estate brokerages have agreed to merge. Compass will acquire Anywhere, the parent of Century 21 and Coldwell Banker, for $1.6 billion. on.wsj.com/46LK1hA
Ironic
Zoom tells employees to return to office for work
Readers added context they thought people might want to know
Employees have been asked to return for 2 days a week
nypost.com/2023/08/05/zoo…
1
6
464
Gerry Bourgeois retweeted
Full #Massachusetts #newhampshire #realestate market update #lamacchiarealty instagram.com/reel/CkJJG-Eje…
Gerry Bourgeois retweeted
RISMedia’s CEO & Real Estate Exchange is right around the corner! Join us, along with more than 500 industry thought leaders for an educational and networking experience like no other. See what top industry experts have to say about our event… #CEOX2022 bit.ly/3vz3TSj
Gerry Bourgeois retweeted
Between low mortgage rates and 📈 inventory…
We are now in the #1 time of the year for buyers to BUY!
I explain more in the video below 👇
#LamacchiaRealty #CrushitinRE
youtu.be/CjON5312F4k
Gerry Bourgeois retweeted
Homes listed for sale went up 10.8% in June 2021 from June 2020🏠
We break down all of the numbers and what they mean in the Housing Report below! 📈
lamacchiarealty.com/june-202…
#LamacchiaRealty
