Today’s podcast goes over the decline in new listings data which is not what I want to see, and I try to explain why median days on the market are at all-time lows, with 82% of all homes being sold in a month.
I recently wrote about this topic, with many charts. 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.
The charts in this article give historical context to what we deal with in the housing market.
From the NAR: https://www.nar.realtor/blogs/economists-outlook/despite-a-contraction-in-sales-activity-the-homebuying-market-remains-competitive
I hope to see some of you soon as I will be traveling to Las Vegas, Boston, Miami twice, Nashville, and San Diego and speaking at other events before the year ends.
The 2022 HousingWire Annual Event will be held in Scottsdale, Arizona, October 3-5th.
Please use my Logan22 code for a discount to attend. Registration here.
“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