
Episode 100: John Burns Reflects on Housing Cycles, Market Trends, and the Future of Real Estate
New Home Insights Podcast
Navigating Mortgage Perceptions and Market Dynamics
This chapter examines public perceptions of 'normal' mortgage rates, emphasizing the influence of recent low rates on opinions. It analyzes current market conditions and the reluctance of homeowners with low-rate mortgages to sell, alongside the challenges of affordability in housing. Additionally, it discusses the competitive landscape between public and private builders, highlighting the implications of recent mergers and the importance of local expertise.
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