What will housing data look like when the Iran conflict is over?
Summary
HousingWire Daily host Sarah House interviews lead analyst Logan Modashami about the housing market’s recovery following geopolitical tensions. They discuss how improved mortgage spreads and stabilizing 10-year yields could push rates below 6.25%, boosting sales. Modashami also debunks the White House’s claim of a 10-million-home shortage, arguing that active inventory levels are sufficient and that faster transaction speeds mitigate supply concerns.
Topics discussed
Intro and sponsor messages
Market reaction to potential Iran ceasefire
War resolution impact on yields and Fed policy
Inflation outlook and sticky price pressures
Sponsor message: Federal research funding
Can mortgage rates drop below 6%?
Housing sales trends and market psychology
Fed policy dominance over oil shocks
Debunking the 10 million home shortage myth
Upcoming gathering and podcast changes
Outro and AI Summit promotion
Listen ad-free on Castria