Today’s podcast is to talk about the new reality with home builders. Also, discuss what the inventory channels for the existing home market look like.
New home sales are coming up next week and remember this reality with their supply.
New home supply, 0.68 months are the finished products, 5 months are homes under construction, and 2.0 months haven’t started yet.
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. Also, I can’t join Twitter Spaces, a podcast, or an interview unless it goes through Press@HWMedia.com first
These two articles look at the recent housing starts and existing home sales reports.
Housing Starts: Recessionary data still intact here.
Existing Home Sales Report: Still Savagely Unhealthy.
“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