Logan Mohtashami on existing home sales, mortgage rates

Today’s HousingWire Daily begins the Rundown miniseries, hosted by HousingWire’s editor-in-chief Sarah Wheeler and lead analyst Logan Mohtashami. In this episode, Mohtashami discusses his latest HW+ article that examines the National Association of Realtors’ existing home sales report that indicates sales grew 0.8% in October.

According to Mohtashami, this growth is above his trend sales peak of 6.2 million, meaning existing home sales are now outperforming as demographics remain strong in 2021. 

The discussion also includes insight on changes in the real estate market over the last week and how they impact housing on a macro level. Mohtahsimi examines inflation, inventory, and shares his predictions on how mortgage rates will behave in 2022.

HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsroom that are helping Move Markets Forward. Hosted by Jordan White and produced by Alcynna Lloyd and Elissa Branch.