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.
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.
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.