Today’s podcast goes over something I should have discussed earlier in the year with the HousingWire Market Tracker Report. Housing Inventory data bottoming out later in the year is very abnormal; it used to bottom out in January, and sometimes between January/February, we might see the low. However, bottoming out in March & April is not normal. This podcast discusses why I believe this is the case and why we have seen inventory fall so far in February.
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Today I try my best to explain why the Builder’s confidence is rising and why their stocks have done so well recently. I also talk about today’s Housing Starts report.
“Keep your face always toward the sunshine and shadows will fall behind you” Walt Whitman
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