
Wages are increasing for people to afford current housing. I don’t mean through min wage increase, I mean through job growth by creating demand for products and services, and building more affordable housing with less regulation. “No tax on tips” put hundreds of dollars per month back in the pockets of a lot of people that will help offset their bill/housing, and declared income for mortgages!
See below for the jobs info, lot going on. Not about the “total” right now, it’s about the mix of part time or full time, and citizen or not.
We need more houses. If the illegal immigrant deportation situation changes, that may affect housing availability. No one knows by how much.
Source: tradingeconomics.com
Source: tradingeconomics.com
Source: tradingeconomics.com
— *** The jobs report is important. Please know when the gov puts out a report like "jobs", there is a revision done a month or so later, when they crunch the actual numbers. The press rarely reports the revisions, but that is the most accurate. I advise you to put less emphasis on the initial reports and look at the later revised reports for a more accurate view. They indicate part-time, full-time, native born and foreign-born, private sector and public sector job, those are categories that matter.
**** We love “co-living” for amazing cash flow. Ask us about how we can help you retire with just 5 single-family houses.


Key takeaways from this month’s findings include:
The national delinquency rate eased in January: Delinquencies fell by 3 basis points (bps) in January to 3.65% and remain 15 bps below the January 2020 pre-pandemic benchmark.
Early-stage delinquencies drove the decrease: The number of borrowers 30 or 60 days late on their mortgage payments fell by 54,000 from December to January, driving the overall improvement in delinquency figures.
Combined serious delinquency and foreclosure volumes increased: While earlier stage delinquencies improved, there are now more than 850,000 borrowers 90-plus days past due or in active foreclosure, up 104,000 from the same time last year, the largest such volume since July 2022.
Foreclosure activity continued to rise: January saw 42,000 foreclosure starts, the highest monthly total since early 2020 and up 5% year over year, with foreclosure sales rose 28%.
Prepayments pulled back: The single month mortality (SMM) rate, which tracks prepayments, dropped 19 bps to 0.72% from elevated levels over the past three months. An uptick in interest rates in December resulted in fewer January home sales and reduced refinance activity.
For more information about gaining access to ICE’s loan-level database, please send an email to
[email protected].

