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Rick Palacios Jr. highlights that the 10-year Treasury yield has reached 4.74 percent, marking a new high for 2026.
He observes that the housing market continues to struggle in recent years. Palacios Jr. also points out a shift in sentiment, noting that voices promoting 'date the rate, marry the house' have largely disappeared.
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Palacios Jr. previously reported that Seattle's new home sales have fallen below post-subprime collapse lows. He has also highlighted that lot costs for D.R. Horton increased 5% year over year. Both trends occurred alongside ongoing strains in the housing sector.