Recent Articles by Matthew Gardner

4 reasons Dodd-Frank will not be repealed by Trump

4 reasons Dodd-Frank will not be repealed by Trump

Many people, especially real estate professionals, are anticipating President Trump’s pledge to remove regulations relating to financial services and the rollback of the Dodd-Frank Wall Street Reform and Consumer Protection Act ......
By Matthew Gardner | Thursday, February 16, 2017
An average three-star rating out of five Do you have ‘average’ credit? If so, getting a mortgage may be tough

Do you have ‘average’ credit? If so, getting a mortgage may be tough

In the early 2000s, getting a mortgage was hardly difficult thanks in great part to lax lending standards. This practice eventually led to a bubble forming in the nation’s housing market -- which, as we all know, subsequently burst. Since that time...
By Matthew Gardner | Tuesday, September 6, 2016
No market shift in the making, says Windermere chief economist

No market shift in the making, says Windermere chief economist

With all due respect to Gary Keller, I am trying to decipher why he believes that we are gearing up for a nationwide housing “shift." Especially when the data tells us a different story ......
By Matthew Gardner | Friday, August 12, 2016
A woman voting in a voting booth How will the 2016 election affect the housing market?

How will the 2016 election affect the housing market?

This is a question on everyone's mind to some extent -- but it's especially pertinent for real estate agents and brokers. Here's what I think ......
By Matthew Gardner | Tuesday, July 5, 2016
A Brexit voting card What we know (and don’t know) about the impact of Brexit

What we know (and don’t know) about the impact of Brexit

The decision of the British public to leave the European Union is a historic one for many reasons, not least of which was the almost uniform belief that there was absolutely no way that the public would vote to dissolve a partnership that had been in...
By Matthew Gardner | Monday, June 27, 2016
A man climbing a mountain How a federal interest rate hike impacts mortgage rates

How a federal interest rate hike impacts mortgage rates

When the Federal Reserve announces a change in interest rates, it makes headlines. But does the federal interest rate directly impact your mortgage rate? See what Windermere’s Chief Economist, Matthew Gardner has to say ......
By Matthew Gardner | Thursday, May 26, 2016
A canyon with a low water level An economist explains the historically low housing inventory

An economist explains the historically low housing inventory

"In a normal market, price motivates people to sell, but that's not the case this time around." That's just the beginning of the explanation that Windermere's chief economist, Matthew Gardner, gives for the low inventory that's plaguing housing marke...
By Matthew Gardner | Wednesday, May 18, 2016
Rise in homeowner equity continues to stabilize housing market

Rise in homeowner equity continues to stabilize housing market

Every quarter, the U.S. Federal Reserve releases its report regarding the Financial Accounts of the United States. Although this is a very lengthy and detailed analysis, it does contain some interesting statistics on housing. The particular “nugget...
By Matthew Gardner | Friday, April 29, 2016
Why there’s no need to panic about rising interest rates

Why there’s no need to panic about rising interest rates

After seven years of some of the lowest interest rates in recorded history, the Federal Reserve has decided to raise the key Fed Funds Rate by 0.25 percent, which is causing some to be concerned that it will lead to a jump in mortgage rates and negat...
By Matthew Gardner | Wednesday, December 16, 2015
No national bubble in sight, but there are some frothy markets

No national bubble in sight, but there are some frothy markets

In this article, I plan to divulge those markets that are likely to see slowing price growth in 2016 and possibly, a downward correction. The primary data sources that I used for my analysis were the Case-Shiller Index and the Federal Housing Finance...
By Matthew Gardner | Tuesday, December 1, 2015
Will millennials be ‘perma-renters’? 

Will millennials be ‘perma-renters’? 

Reasons for this theory are plentiful and include amenities that apartments offer, flexibility when it comes to moving and changing jobs, and inability to afford a home given the crushing student debt load that many are carrying. So will this be the ...
By Matthew Gardner | Tuesday, August 18, 2015
The story behind the homeownership decline

The story behind the homeownership decline

When I read statements like this, it always drives me to dig into the data to see what is going on. The data that everyone uses to track homeownership is provided by the U.S. Census Bureau, which publishes quarterly stats on ownership rates dating ba...
By Matthew Gardner | Thursday, July 9, 2015
No housing bubble in sight — for now

No housing bubble in sight — for now

Exactly 10 years ago this month, then-Federal Reserve Chairman Alan Greenspan was asked if he had any concerns regarding the housing market. At that time, he emphasized that he saw no sign of a nationwide housing bubble, but he did have concerns over...
By Matthew Gardner | Friday, June 19, 2015