HousingWire Daily Logan Mohtashami explains those Redfin housing headlines
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Jun 3, 2025 
Logan Mohtashami, Lead Analyst at HousingWire, dishes out his expert insights on the current housing market. He breaks down the impact of recent job data on Federal Reserve policies and discusses the evolving labor dynamics influenced by millennials and Gen Z. Mohtashami also tackles the media's often sensational headlines, shedding light on the disparity between buyers and sellers and the real state of mortgage rates. Lastly, he dives into inventory levels, highlighting the complexities behind home price fluctuations in today's economy.
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Labor Market Influences Rates
- The labor market is more crucial for interest rates than inflation, influencing Federal Reserve policies.
- Jobless claims rising to around 323,000 signals authentic labor market weakening and potential recession.
U.S. Labor Force Demographics
- U.S. labor force grows due to younger generations and immigration, unlike aging countries like Japan.
- This demographic advantage supports stronger economic growth and labor market resilience.
Redfin's Housing Headlines Exaggerate
- Headlines claiming a huge seller surplus from Redfin exaggerate housing market issues.
- Inventory growth reflects balance efforts after years of historically low home sales and high prices.