Today’s podcast is an hour-long discussion with Mike Simonsen of Altos Research which was a lot of fun for me because I rarely get to do a lengthy podcast with a fellow housing nerd. We go over our takes on what will drive inventory higher. Of course, it’s no secret I want the inventory to rise to certain levels and would welcome home prices to decline to make my price growth model work again. However, it’s not a complete take unless you can create a pathway to get there and then acknowledge that lower rates can prevent that goal from happening. This is why tracking economic expansion and recessionary data are essential.
https://www.youtube.com/watch?v=P7AeU_FycOA
Here is my latest article from HousingWire and why I now call the housing market a savagely unhealthy nightmare after the last existing home sales report, which showed 14.8% year-over-year home price growth.
https://www.housingwire.com/articles/the-savagely-unhealthy-housing-market-is-now-a-nightmare/
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.
“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.