Podcast: Have Existing Home Sales Finally Bottomed?

Today’s podcast discusses whether we have finally found a workable bottom in the existing home sales data because the bar is so low here that we can all trip over it. The forward-looking housing data and the 10-year yield is the key to this answer. Also, since mortgage rates have fallen since the peak of 8%, we have had three weeks of positive purchase application data.

https://www.housingwire.com/podcast/logan-mohtashami-is-this-the-turning-point-for-existing-home-sales/



I recently wrote about the Existing Home Sales report, which Yahoo Finance has distributed to the public.

https://finance.yahoo.com/news/finally-hit-bottom-existing-home-202732445.html

On a more important note! Please have a wonderful Thanksgiving! I am very grateful to all of you as you have made our podcast the top-ten business news podcast! That can’t happen without all of you!


“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.