Today’s podcast goes over the topic of sellers vs. buyers and who is going to win this war. Right now, I believe certain sellers are stingy with their prices, while some just left the market as new listing data has declined since the end of June. However, it’s almost toward the end of the year, and seasonality is about to kick in with inventory, so the real battle comes in the spring of 2023.
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I recently wrote about this subject and my views on why the 2019 inventory levels are a big part of home price growth model work.
“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