Today’s podcast goes over the recent jobs report, the recession red flags, inventory data, and the statement Jamie Dimon made about possible future economic hurricanes.
I am no longer writing for my blog; all my work can be found at HousingWire; you can use my LoganVIP50 code to join HousingWire Plus. The most recent article discusses the jobs data and the live Q&As we have on HousingWire slack about the housing inventory data.
Jobs data and the recession red flag model.
Slack Q&A about the state of the housing inventory.
The goal is to create a range between 1.52 – 1.93 million for the total existing housing inventory. Then and only then, I will remove the title of a savagely unhealthy housing market.
As you can see below, once we broke under 1.52 million in inventory, all chaos broke out in home price growth.
You can understand why I was so concerned about this historical growth in home prices in 2020 and 2021.
“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