U.S. Default Would Cause Mortgage Rates to Top 8% | Hot Sheet 05/12/23
BAM Hot Sheet
00:00
The Current State of the Housing Market
According to calculated risk blog.com, new home inventory is that a record percentage of total inventory. New homes are now making up over 25%, almost 27% of total inventory at an average price of five hundred fifty thousand dollars. This doesn't meet affordable housing in America. We talked about how we need stimulus in the top, some type of way to create affordable inventory.
Transcript
Play full episode
