Today’s podcast was a lot of fun because we reviewed many topics. Why doesn’t the Fed understand housing inventory data, why new home sales defy recession calls, and is the Airbnb bust real?
https://www.housingwire.com/podcast/logan-mohtashami-on-whether-the-airbnb-bust-is-real/
To keep things as simple as possible with inventory, if people rush to sell their homes under pressure, we will see it in the new listings data if there is any stress in their financials. For 12 months, this has been trending at the lowest levels ever recorded in U.S. history.
I recently wrote about the New Home Sales report, and yes, if you’re running recession models based on the HMI data, I get why the builder’s data is confusing you now. If you want access to these articles, use my LoganVIP20 code
https://www.housingwire.com/articles/new-home-sales-defy-recession-calls/
“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.