Surveillance: Fed Cuts with Ausenbaugh
Bloomberg Surveillance
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The Importance of Inventory in Housing Markets
Many housing markets, you're looking at inventory 30, 40, 50% lower than it was in 2019 before the pandemic when rates really dropped and demand surged. I'm not sure people realize how extensive the obliteration of listing inventory was during the pandemic with rates being so low. Right now we see home builders going nuts, building as much as they possibly can because there is no inventory and people need a place to live.
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