Today’s podcast goes over two topics. I discuss why my price growth model for 2020-2024 is critical in thinking about how pricing will be impacted going out in the future, especially when referencing my favorite period in pricing, 2019.
2019 Housing Economic Conference: Balanced Housing Market Back Then
I am no longer writing for my blog; all my work can be found at HousingWire; you can use my LoganVIP20 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.
I recently wrote about the last new home sales report trying to show some historical context to the data. I also talked about how if I took every single home in construction, not in construction, and had Santa Claus magically build all those homes overnight, what would the total inventory data look like if every buyer canceled their purchase? Hint, it’s not a lot.
Today I wrote an article showing a lot of variable factors for rates to fall next year. The main talking point is that a lot of data and where rates are now are much different from where we were last year. Again, a lot of my work is trying to connect the dots here in the wild wild west economic world we are dealing with.
“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, a financial writer, and a 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