HousingWire Daily

Logan Mohtashami on positive spring housing market signals

9 snips
Mar 28, 2025
Logan Mohtashami, a lead analyst known for his data-driven housing market insights, joins to discuss positive signals for this spring. He highlights how lower mortgage rates are invigorating home sales and the potential for stability despite economic challenges. Mohtashami draws parallels to the 1980s, addressing affordability and inventory issues. The conversation also delves into the complexities of new home sales and the vital role of financing in today's market dynamics.
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INSIGHT

Positive Housing Signals

  • Four key housing market indicators are positive: purchase applications, year-over-year growth, pending home sales, and month-to-month growth.
  • These positive signals are emerging from a low starting point, so even small improvements are noteworthy.
INSIGHT

Interpreting Purchase Applications

  • Purchase applications data is a trend survey, not raw sales data, so interpret cautiously.
  • Current growth is positive but not as dramatic as the post-COVID recovery.
INSIGHT

Positive Impact of Slowing Price Growth

  • Slowing home price growth is a positive sign for housing affordability.
  • Combined with growing inventory, this creates a more balanced market.
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