2min chapter

Animal Spirits Podcast cover image

Is Twitter Dead? (EP.316)

Animal Spirits Podcast

CHAPTER

Redfin: The First Time in a Year That Average Sales to Price Ratio Is Over 100%

Lance Lambert: The potential for like 8% mortgages in the short term seems like a possibility, but does it even matter to the... Like when will it matter to the home market because this is from Redfin? This is the first time since last August that the average sales to price ratio is surpassed 100%, meaning homes are selling from higher than they are being listed for now. Lance Lambert: If our budget just continues to be consumed by interest costs, eventually that's going to be a problem. How about this? That will, the economy will grow 10 to 12% a year. So it's all good. Don't worry about it.

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