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Logan Mohtashami’s 2023 housing market forecast

Housing Wire

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. What did I get wrong? Home price s.

Marketing 530
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Logan Mohtashami: The 2022 housing forecast

Housing Wire

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

Mortgages 540
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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

Housing units are still in short supply with the problem getting worse. The pent-up demand drove the home prices up 8.1 In fact, in just the second quarter alone, the housing demand went from being down 41% to up 40% year-over-year. In July, the national median home price gain marked 101 straight months of year-over-year gains.

Marketing 145
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Houston Real Estate Market 2020 Overview

Marco Santarelli

This housing market has been impacted by the pandemic and slumping oil prices which led to a decline in home sales down. However, the market conditions are showing some signs of improvement due to growing consumer interest and pent up demand after two months of continuous decline in sales. percent year-over-year.

Marketing 141