Can housing demand grow with higher rates?
Summary
HousingWire Daily features lead analyst Logan Mototashami discussing housing demand as mortgage rates hover near yearly highs of 6.64%. They analyze how affordability, wage growth, and new listings sustain market activity despite rate fluctuations, debunking myths about buyers waiting for lower rates. The episode also covers trending stories, including Compass’s ethics complaints against Zillow, and offers advice for realtors on managing client expectations regarding future rate trends.
Topics discussed
Intro and top trending stories on HousingWire
Inflation week recap and mortgage rate updates
Housing demand dynamics at 6.64% mortgage rates
Key indicators: Listings, pending sales, and affordability
Historical resilience of housing demand vs. external shocks
Advising clients on realistic mortgage rate expectations
Debunking the 'waiting for lower rates' myth
Shoutouts, tour announcements, and closing remarks
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