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14min chapter
Ivy Zelman, Executive Vice President and Co-Founder of Zelman & Associates
The Walker Webcast
Analysis of Housing Affordability and Mortgage Rate Impact
Exploring the effects of mortgage rate changes on the sensitivity of the housing market, potential resurgence in purchase activity with rate cuts, and the influence of homeowners' lock-in effect on movement. Analyzing the affordability differences between single-family rentals and homeownership in various Metropolitan Statistical Areas, discussing cost factors like insurance, mortgage expenses, utilities, and property taxes. Delving into the impact of new supply on the single-family rental market, comparing it to apartment rentals, and discussing discrepancies in affordability trends, rate growth, and market indicators.
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