The direction of home prices and the Fed’s civil war
Summary
Logan Modushami joins HousingWire Daily to analyze home prices, comparing current trends to historical periods like the 1970s and early 1980s. He argues that flat price growth combined with rising wages is restoring affordability without a crash. The discussion also covers the Federal Reserve’s internal conflict, with hawks opposing rate cuts due to ongoing war-related inflation and oil supply shocks. Modushami predicts no rate reductions until the geopolitical conflict resolves.
Topics discussed
ICE Mortgage Technology Sponsor
Introduction and Guest Welcome
Historical Context of Home Price Bubbles
US Competes Sponsor Message
Current Housing Market Dynamics and Affordability
Estate Agent Growth Sponsor
Fed Policy, Inflation, and Geopolitical Risks
Market Volatility and Weekend Headlines
Outro and AI Summit Promotion
Listen ad-free on Castria