Today’s podcast asks, can home prices rise in 2023 with the stronger-than-anticipated pricing data we have seen recently? A lot has changed in housing since November 9th, 2022. My crucial phrase is stabilization in the data, not the Covid19 V shape recovery. This is all happening while Lumber prices have been falling, which is another topic I also go into. Remember, be the detective, not the troll; there is a reason why I have stressed November 9th, 2022, for some time; you need to verse yourself with forward-looking housing data to understand what is happening now.
https://www.housingwire.com/podcast/logan-mohtashami-will-home-values-go-up-this-year/
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 new home sales report, which beat expectations. Just remember, the builders are efficient sellers, and in a low total active listing environment, they can pull some levers to move product.
https://www.housingwire.com/articles/new-home-sales-proving-wall-street-was-wrong/
“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