Positive housing demand and a preview of the Fed meeting
Summary
Logan Motoshami joins HousingWire Daily to analyze a surprisingly strong housing tracker, highlighting rising inventory, new listings, and multi-year highs in pending sales despite external shocks. The discussion shifts to the Federal Reserve, focusing on Jerome Powell’s final press conference and the anticipated policy shift under Kevin Warsh. Motoshami explains how compressed mortgage spreads are currently stabilizing rates, offering a preview of the upcoming Fed week dynamics.
Topics discussed
Sponsor message from ICE Mortgage Technology
Introduction and welcome to The Gathering in Austin
Analysis of the weekend housing tracker and demand
Spring market trends, inventory, and affordability
History of the tracker and market shift patterns
Preview of the Fed meeting and Powell's last presser
Kevin Warsh's potential impact on Fed policy
Mortgage spreads and their role in rate volatility
Sponsor message from Estate Agent Growth
Potential hawkish or dovish outcomes from the Fed
Closing remarks and fan merchandise
Promotion for the Housing Wire AI Summit
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