Lance Lambert
Fortune
Cincinnati, OH, United States
Contact Lance
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Past articles by Lance:
Fannie Mae: The housing market just pulled a head fake
The housing market’s “relative high note” in January and February is likely to “prove temporary,” say Fannie Mae economists. → Read More
The housing market correction has already caused homeowners to lose $2.3 trillion
A correction in home prices has erased $2.3 trillion in nationwide home values, but homeowners are still up roughly $13 trillion since February 2020. → Read More
Housing market once again braces for higher mortgage rates—where 8 experts see rates going this year
The average 30-year fixed mortgage rate just shot back up to 6.8%. → Read More
The housing market downturn isn’t over
Just as the U.S. housing market started to show some signs of life, mortgage rates began rising once again. → Read More
San Francisco looks like a deflating Pandemic Housing Bubble—while housing markets in New York and Chicago remain stable
This sharp correction has seen San Francisco shed nearly half of its Pandemic Housing Boom gains. → Read More
These 2 maps show the inventory situation in America’s 400 largest housing markets
Do home buyers or sellers have the upper hand? Let's take a look. → Read More
Goldman Sachs makes a bold housing market call—when the investment bank expects U.S. home prices to bottom
U.S. home prices might be nearing the bottom, says Goldman Sachs. → Read More
CoreLogic updates its home price risk assessment for 392 U.S. housing markets
CoreLogic just updated its risk assessment for the country's 392 largest housing markets. → Read More
We’re in a bifurcated housing market correction—just look at these 4 charts
Overheated housing markets are seeing sharp home price corrections. Other markets, not so much. → Read More
This is the second-biggest home price correction of the post-WWII era—it’s also a fairly mild correction, so far
Seattle home prices are down 13.5%, while Chicago home prices have only fallen 0.8%. → Read More
This is the second-biggest home price correction of the post-WWII era—it’s also a fairly mild correction, so far
Seattle home prices are down 13.5%, while Chicago home prices have only fallen 0.8%. → Read More
National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed
Fortune tracked down the latest home price forecasts from 29 of the nation's leading housing researchers. → Read More
Is the housing market recession nearing a demand trough? Experts detect a little rise in activity
The seasonally adjusted Mortgage Purchase Application Index just rose 24.7%. → Read More
Up from here? The free-fall in housing market activity just concluded, says Capital Economics
U.S. home prices will continue to fall in 2023 even as home sales bottom out, says Capital Economics. → Read More
The Fed’s ongoing housing market ‘reset’ sees buyer cancellation rate at one of the nation’s largest homebuilders spike to 68%
KB Home announced that its buyer cancellation rate in the fourth quarter of 2022 spiked to 68%. → Read More
A 1981-level mortgage rate shock has the housing market in a correction—these 7 leading research firms predict what's next for rates
There are only three levers that can depressurize affordability: Rising incomes, falling home prices, and falling mortgage rates. → Read More
Interactive map: The home price correction (or lack thereof) in the 400 largest U.S. housing markets
Mark Zandi: The free fall in home sales will soon bottom out, while the home price correction carries on. → Read More
Institutional homebuyer Yieldstreet slashes buying levels by 90% as it awaits a sharper home price correction
"From December onward, the expectation from my side is we'll have another 10% to 15% decline nationally," says Yieldstreet's Tejas Joshi. → Read More
We're in the second biggest home price correction of the post-WWII era—here's the latest data
The Fed's "difficult correction" has seen the U.S. housing market flip from inflation mode to deflation mode. → Read More
What’s keeping business leaders up at night?
Heading into 2023, corporate leaders are feeling a bit uneasy. Here's why. → Read More