Daryl Fairweather ⛅
@hatethegamebook.com
Author and Chief Economist at Redfin. Get my book Hate the Game: Economic Cheat Codes for Life, Love, and Work out now!
HateTheGameBook.com
HateTheGameBook.com
While a 50 year mortgage might lower monthly payments, it drastically increases total interest and slows equity growth. Stimulating demand without fixing supply would likely raise prices. The core issue in the housing market isn't financing; it's the lack of supply.
November 10, 2025 at 9:48 PM
While a 50 year mortgage might lower monthly payments, it drastically increases total interest and slows equity growth. Stimulating demand without fixing supply would likely raise prices. The core issue in the housing market isn't financing; it's the lack of supply.
If the Fed doesn't cut in December, borrowing to buy a home will get more expensive.
November 10, 2025 at 8:52 PM
If the Fed doesn't cut in December, borrowing to buy a home will get more expensive.
The Fed is flying blind. The govt shutdown is starving it of critical data, especially BLS wage reports. Without data showing cooling wages, the Fed likely can't risk cutting interest rates.
November 10, 2025 at 8:02 PM
The Fed is flying blind. The govt shutdown is starving it of critical data, especially BLS wage reports. Without data showing cooling wages, the Fed likely can't risk cutting interest rates.
As Redfin's Chief Economist, I love to see NYC voters addressing the economic causes of high rents. Proposals 2, 3 & 4 passed last night and will fast-track affordable housing, de-risking development. With a 1% vacancy rate, the mandate is clear: build.
November 5, 2025 at 5:02 PM
As Redfin's Chief Economist, I love to see NYC voters addressing the economic causes of high rents. Proposals 2, 3 & 4 passed last night and will fast-track affordable housing, de-risking development. With a 1% vacancy rate, the mandate is clear: build.
Redecorated a bit
November 4, 2025 at 7:56 PM
Redecorated a bit
The U.S. housing market is frozen. Our new Redfin analysis finds just 28 out of 1,000 homes sold this year—a 30-year low.
Why? A trifecta of affordability challenges, rate lock-in, and economic caution has both buyers and sellers staying put.
Why? A trifecta of affordability challenges, rate lock-in, and economic caution has both buyers and sellers staying put.
November 4, 2025 at 7:35 PM
The U.S. housing market is frozen. Our new Redfin analysis finds just 28 out of 1,000 homes sold this year—a 30-year low.
Why? A trifecta of affordability challenges, rate lock-in, and economic caution has both buyers and sellers staying put.
Why? A trifecta of affordability challenges, rate lock-in, and economic caution has both buyers and sellers staying put.
The Fed cut rates, but mortgage rates will likely rise. Powell injected uncertainty, backing off a guaranteed December cut. The Fed is torn: high inflation vs. rising unemployment. Here is my take as Redfin's Chief Economist.
October 29, 2025 at 8:49 PM
The Fed cut rates, but mortgage rates will likely rise. Powell injected uncertainty, backing off a guaranteed December cut. The Fed is torn: high inflation vs. rising unemployment. Here is my take as Redfin's Chief Economist.
After attending NABE's Annual Conference in Philadelphia, I took the train to NYC to speak at Columbia, and had coffee with economics and finance journalists and commentators. I hope to come back again soon and make time to see more people! @ramitsethi.bsky.social
October 17, 2025 at 4:15 PM
After attending NABE's Annual Conference in Philadelphia, I took the train to NYC to speak at Columbia, and had coffee with economics and finance journalists and commentators. I hope to come back again soon and make time to see more people! @ramitsethi.bsky.social
I had such a great time at the National Association of Business Economists (NABE) annual conference. I got to speak about my book and the housing market, and meet with young economics scholars.
October 17, 2025 at 4:15 PM
I had such a great time at the National Association of Business Economists (NABE) annual conference. I got to speak about my book and the housing market, and meet with young economics scholars.
Congrats to the 2025 Nobel winners in Economics! Their vital message: Progress isn't an accident, it's a choice. Stagnation was the historical norm. To keep our economy growing, we must actively choose openness and innovation over isolation.
October 13, 2025 at 3:22 PM
Congrats to the 2025 Nobel winners in Economics! Their vital message: Progress isn't an accident, it's a choice. Stagnation was the historical norm. To keep our economy growing, we must actively choose openness and innovation over isolation.
NYC friends, I will be speaking at Columbia University this Tuesday 10/14 at 5PM. There are still a few spots left if you liked to attend, so act fast and reserve your spot. sipa.campusgroups.com/ENERGY/rsvp_...
October 12, 2025 at 4:34 PM
NYC friends, I will be speaking at Columbia University this Tuesday 10/14 at 5PM. There are still a few spots left if you liked to attend, so act fast and reserve your spot. sipa.campusgroups.com/ENERGY/rsvp_...
The Government Shutdown has 17% of Americans delaying a major purchase like for a home or car according to a new Redfin survey.
October 8, 2025 at 3:43 PM
The Government Shutdown has 17% of Americans delaying a major purchase like for a home or car according to a new Redfin survey.
There are over 70% more condo sellers than buyers in the market right now according to a new Redfin report.
October 6, 2025 at 8:47 PM
There are over 70% more condo sellers than buyers in the market right now according to a new Redfin report.
October 5, 2025 at 9:02 PM
The government shutdown delayed the jobs report, so the Fed is flying blind on interest rates.
October 3, 2025 at 12:38 PM
The government shutdown delayed the jobs report, so the Fed is flying blind on interest rates.
A government shutdown is (likely) coming. The president is threatening mass layoffs of govt workers. The Fed will be flying blind on interest rates without key govt data. This could weaken the economy and impact mortgage rates. We're tracking the impacts closely at Redfin.
September 30, 2025 at 9:01 PM
A government shutdown is (likely) coming. The president is threatening mass layoffs of govt workers. The Fed will be flying blind on interest rates without key govt data. This could weaken the economy and impact mortgage rates. We're tracking the impacts closely at Redfin.
Damn, time flies. Before this, the longest I had stayed at a company was 2 years. But @Redfin has been the best employer I've ever had, so it's easy to stay.
September 29, 2025 at 5:29 PM
Damn, time flies. Before this, the longest I had stayed at a company was 2 years. But @Redfin has been the best employer I've ever had, so it's easy to stay.
As China halts U.S. soybean imports for Argentinian ones, American farmers face frustration over a U.S. bailout for Argentina's economy. According to Redfin, this is impacting housing, with 2 in 5 homes in Des Moines & Omaha seeing price drops—double the national rate.
September 29, 2025 at 5:29 PM
As China halts U.S. soybean imports for Argentinian ones, American farmers face frustration over a U.S. bailout for Argentina's economy. According to Redfin, this is impacting housing, with 2 in 5 homes in Des Moines & Omaha seeing price drops—double the national rate.
A U.S. deal to aid Argentina could make global investors nervous. This uncertainty often leads to higher government borrowing costs, which in turn means more expensive mortgage rates for you. At Redfin, we're watching how this could impact home affordability.
September 25, 2025 at 4:03 PM
A U.S. deal to aid Argentina could make global investors nervous. This uncertainty often leads to higher government borrowing costs, which in turn means more expensive mortgage rates for you. At Redfin, we're watching how this could impact home affordability.
In the year 2025 is it legal to deny someone housing because they have autism, because they are Black, or because they are a member of a protected group? The answer should be no, but laws have to be enforced in order for them to be effectual. And new evidence suggests that HUD isn't doing its job.
September 23, 2025 at 5:16 PM
In the year 2025 is it legal to deny someone housing because they have autism, because they are Black, or because they are a member of a protected group? The answer should be no, but laws have to be enforced in order for them to be effectual. And new evidence suggests that HUD isn't doing its job.
Economic power in action 💵 💪🏽
Searches for "Cancel Disney plus" surged yesterday. "Cancel Netflix" shown for comparison.
Searches for "Cancel Disney plus" surged yesterday. "Cancel Netflix" shown for comparison.
September 19, 2025 at 5:50 PM
Economic power in action 💵 💪🏽
Searches for "Cancel Disney plus" surged yesterday. "Cancel Netflix" shown for comparison.
Searches for "Cancel Disney plus" surged yesterday. "Cancel Netflix" shown for comparison.
Inflation & student loan payments are harming Gen-Z credit scores. At Redfin, we see this as a threat to housing security. Bad credit can make it harder to find an apartment and more expensive to get a mortgage to buy a home.
September 19, 2025 at 5:04 PM
Inflation & student loan payments are harming Gen-Z credit scores. At Redfin, we see this as a threat to housing security. Bad credit can make it harder to find an apartment and more expensive to get a mortgage to buy a home.
A negative review from a negative person, is actually a positive review. That's just math.
September 19, 2025 at 2:30 PM
A negative review from a negative person, is actually a positive review. That's just math.
Now I have this song stuck in my head. Millennial culture FTW I guess.
September 18, 2025 at 4:27 PM
Now I have this song stuck in my head. Millennial culture FTW I guess.