Claire Boston
@claireboston.bsky.social
Housing Reporter, Yahoo Finance
can also be found doing mountain sports
can also be found doing mountain sports
beat reporting is so weird because it's like, one week you'll be obsessed with some obscure economic indicator like six people pay attention to and then next week you trying to become an expert on roof replacements
May 23, 2025 at 4:05 PM
beat reporting is so weird because it's like, one week you'll be obsessed with some obscure economic indicator like six people pay attention to and then next week you trying to become an expert on roof replacements
correct me if i'm wrong but i think if you don't know what anything costs and if you're going to keep your job, you don't buy a house rn right
April 3, 2025 at 6:56 PM
correct me if i'm wrong but i think if you don't know what anything costs and if you're going to keep your job, you don't buy a house rn right
there's a lot to process right now but I fully admit that a few hours later this is still my Roman Empire
I am also dying to know how this White House list is ordered. It's not alphabetical, it's not by tariff rates, it's not population, it's not GDP, what is it???
April 2, 2025 at 11:17 PM
there's a lot to process right now but I fully admit that a few hours later this is still my Roman Empire
Reposted by Claire Boston
March 4, 2025 at 1:15 PM
at least one bodega in nyc is doing egg loosies, incredible www.nytimes.com/2025/02/24/n...
For Savvy New Yorkers, It’s All About Cheap Eggs and Where to Find Them
A bird flu outbreak affecting eggs hits differently in a city where prices and availability fluctuate from block to block.
www.nytimes.com
February 26, 2025 at 6:22 PM
at least one bodega in nyc is doing egg loosies, incredible www.nytimes.com/2025/02/24/n...
Reposted by Claire Boston
The FHA insures hundreds of thousands of mortgages each year and returns billions of dollars to the US Treasury — billions with a B.
DOGE is slashing its workforce by 44%. Read our story here: www.bloomberg.com/news/article...
DOGE is slashing its workforce by 44%. Read our story here: www.bloomberg.com/news/article...
Federal Mortgage Insurer to Lay Off Nearly Half Its Workforce
The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage insurance on loans for people who otherwise wouldn’t qualify for one, according...
www.bloomberg.com
February 19, 2025 at 12:07 AM
The FHA insures hundreds of thousands of mortgages each year and returns billions of dollars to the US Treasury — billions with a B.
DOGE is slashing its workforce by 44%. Read our story here: www.bloomberg.com/news/article...
DOGE is slashing its workforce by 44%. Read our story here: www.bloomberg.com/news/article...
If you work for HUD, I'd like to talk to you (anonymously!) about layoffs. Reach me via Signal or WhatsApp on a non-work phone: 301-275-8127
February 14, 2025 at 2:29 PM
If you work for HUD, I'd like to talk to you (anonymously!) about layoffs. Reach me via Signal or WhatsApp on a non-work phone: 301-275-8127
ho boy do i have bad news for my friends who keep asking me when mortgage rates are going to drop
February 12, 2025 at 2:29 PM
ho boy do i have bad news for my friends who keep asking me when mortgage rates are going to drop
Reposted by Claire Boston
So on the housing side, that would presumably be FHA and VA loans, Section 8? What am I missing?
January 28, 2025 at 2:27 PM
So on the housing side, that would presumably be FHA and VA loans, Section 8? What am I missing?
4.06 million homes sold last year. Worst in almost 30 years and that's *with* a pretty solid pickup toward year-end
woof finance.yahoo.com/news/existin...
woof finance.yahoo.com/news/existin...
Existing-Home Sales Ascended 2.2% in December
Infographic NAR Existing-Home Sales: December 2024 Washington, D.C., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Key Highlights Existing-home sales rose 2.2% in December to a seasonally adjusted annual rate of ...
finance.yahoo.com
January 24, 2025 at 3:21 PM
4.06 million homes sold last year. Worst in almost 30 years and that's *with* a pretty solid pickup toward year-end
woof finance.yahoo.com/news/existin...
woof finance.yahoo.com/news/existin...
Reposted by Claire Boston
Pretty lackluster 2025 expected if mortgage rates maintain the status quo.
Housing market still appears stuck in the mud and not much different than 2024 really.
Housing market still appears stuck in the mud and not much different than 2024 really.
January 23, 2025 at 4:05 PM
Pretty lackluster 2025 expected if mortgage rates maintain the status quo.
Housing market still appears stuck in the mud and not much different than 2024 really.
Housing market still appears stuck in the mud and not much different than 2024 really.
this will fix everything!
January 23, 2025 at 4:28 PM
this will fix everything!
one of my least-popular opinions is that megapass skiing is good, actually www.wsj.com/business/vai...
Vail Resorts Has an Epic Problem
From Stowe to Switzerland, Vail Resorts transformed skiing. Now, on one of the busiest ski weekends of the year, customers are pushing back.
www.wsj.com
January 22, 2025 at 7:43 PM
one of my least-popular opinions is that megapass skiing is good, actually www.wsj.com/business/vai...
The LA fires are turning out to be a terrible first test of new regulations that aim to fix California's insurance crisis finance.yahoo.com/news/califor...
California homeowners insurance market tested as fires rage
Raging wildfires in Southern California are an early, high-stakes test of new regulations designed to shore up the state’s spiraling homeowners insurance market.
finance.yahoo.com
January 10, 2025 at 3:05 PM
The LA fires are turning out to be a terrible first test of new regulations that aim to fix California's insurance crisis finance.yahoo.com/news/califor...
rip resi real estate market's "survive until '25" (2022-2025)
January 10, 2025 at 2:37 PM
rip resi real estate market's "survive until '25" (2022-2025)
Reposted by Claire Boston
10-year yield spikes. Close to 4.7% after Job Openings come in higher than expected
January 7, 2025 at 3:07 PM
10-year yield spikes. Close to 4.7% after Job Openings come in higher than expected
Reposted by Claire Boston
Many people are saying this!!!!
www.nytimes.com/2024/12/06/b...
www.nytimes.com/2024/12/06/b...
December 6, 2024 at 4:25 PM
Many people are saying this!!!!
www.nytimes.com/2024/12/06/b...
www.nytimes.com/2024/12/06/b...
mortgage app data pretty clearly shows that people are coming off the sidelines now at ~6.7% and i have questions! who are these people? where were they when rates were ~6? did the psychology change that much in three months? finance.yahoo.com/news/mortgag...
Mortgage rates tick down again, boosting buying activity
A small dip in rates is bringing cost-strained buyers back to the market.
finance.yahoo.com
December 5, 2024 at 10:25 PM
mortgage app data pretty clearly shows that people are coming off the sidelines now at ~6.7% and i have questions! who are these people? where were they when rates were ~6? did the psychology change that much in three months? finance.yahoo.com/news/mortgag...
Reposted by Claire Boston
So it begins...expect the same sort of exemption requests in construction as well.
(Reuters) - U.S. farm industry groups want President-elect Donald Trump to spare their sector from his promise of mass deportations, which could upend a food supply chain heavily dependent on immigrants in the United States illegally.
www.reuters.com/world/us/us-...
www.reuters.com/world/us/us-...
US farm groups want Trump to spare their workers from deportation
Mass deportations could upend a food supply chain heavily dependent on immigrants in the United States illegally.
www.reuters.com
November 25, 2024 at 1:19 PM
So it begins...expect the same sort of exemption requests in construction as well.
i am referring everyone who refers to renting as "throwing money away" to this chart
Wild chart via this good @claireboston.bsky.social piece: It's rarely been so much more expensive to own than rent. finance.yahoo.com/news/owning-...
November 20, 2024 at 5:28 PM
i am referring everyone who refers to renting as "throwing money away" to this chart
it seems not great that everyone is in agreement that we have to build our way out of this housing shortage but due to higher mortgage rates and various other factors we will simply not do that
If Mortgage rates hadn't gone down from 7.5% to 6% earlier in the year, the housing starts data would have been worse than what we see today
November 19, 2024 at 4:12 PM
it seems not great that everyone is in agreement that we have to build our way out of this housing shortage but due to higher mortgage rates and various other factors we will simply not do that
is this anything idk
November 18, 2024 at 4:35 PM
is this anything idk
Reposted by Claire Boston
things are about to get really dumb, huh
November 18, 2024 at 12:44 AM
things are about to get really dumb, huh
I started on the housing beat in September and i've already lived so many lives 🙃
In mid-September the Fed cut 50bps, markets were worried about further downside risks to the labor market, the election was still seen as 50/50, and mortgage rates couldn’t crack 6%. To get into the mid-5’s we probably need a proper growth scare or investors giving up on Trump.
November 13, 2024 at 10:18 PM
I started on the housing beat in September and i've already lived so many lives 🙃