Today’s podcast discusses the recent housing permits data, existing home sales, mortgage rates, and the inventory crisis in America. Also, I address the premise that the housing market was 20% oversupplied last year.
Here are some of the links to articles on the topic above. Remember, I am no longer writing articles on my blog. If you haven’t joined Housing Wire Plus, please feel free to use my VIP code: loganvip50.
Existing Home Sales.
Note: My 2022 existing home sales trends are between 5,740,000 -6,160,000. I believe we had some spillover demand from a softer December print, which increased the existing home sales data recently.
“We have always held to the hope, the belief, the conviction that there is a better life, a better world, beyond the horizon.” Franklin D. Roosevelt
Logan Mohtashami is a Lead Analyst for Housing Wire, financial writer, and blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami, now retired, spends his days and nights looking at charts and nothing else