Today’s podcast covers the topic I had to discuss: the notion that lower mortgage rates aren’t working, which is 100% false. We have had over two months of positive data from the new home sales data pool and a big beat of sales estimates. Also, the last 14 weeks have been the best purchase application data of the year. I believe the doom porn patrol doesn’t know how to react to lower rates since a lot of them had much higher rates this year.
For those who prefer a YouTube channel, HousingWire has its YouTube channel, and both podcasts each week will be there now.
A note that the Nerd Tour is starting again, and we hope to see some of you in these cities over the next few months. We are booking many towns for 2024 & 2025. If you wish for me to speak for your company or association, contact Press@HWMedia.com
Huntington Beach
Phoenix Twice
New Hampshire
New Jersey Bergan County
Denver
Dallas
Chicago
Boise
And a few more
Every weekend, HousingWire brings out the weekly HousingWire Tracker report, in which I take a deep dive into the current and forward-looking housing data lines so you can be up to date with the data lines that matter in housing
“In three words, I can sum up everything I’ve learned about life: it goes on.” -Robert Frost.
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.