HousingWire Daily

Logan Mohtashami: BlackRock is not buying any homes

Dec 2, 2024
Logan Mohtashami, Lead Analyst at HousingWire, debunks the myth that Wall Street is buying up a significant share of homes. He emphasizes the pivotal role of primary homebuyers in driving current housing demand as we head into December. The conversation covers seasonal trends affected by the pandemic and rising mortgage rates, while stressing market recovery signs. Mohtashami also addresses challenges in new home sales, particularly for builders facing labor shortages amid fluctuating affordability.
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