HousingWire Daily Logan Mohtashami: Is stress in Florida signaling a larger housing problem?
12 snips
Jul 8, 2025 
Logan Mohtashami, Lead Analyst at HousingWire, dives into the current state of Florida's housing market, debunking fears of a looming crisis. He discusses how economic indicators influence Fed policy and mortgage rates, contrasting today’s market dynamics with past crises like 2008. Mohtashami highlights mortgage demand trends, emphasizing the importance of labor market data over inflation. He offers insights into rising inventory levels in Florida, urging listeners to focus on migration patterns rather than alarmist predictions.
AI Snips
Chapters
Transcript
Episode notes
Strong Housing Demand Evident
- Purchase application data shows 22 weeks of positive growth, indicating strong housing demand despite challenging conditions.
- This growth aligns with new listings increasing year-over-year and mortgage rates easing from peak highs.
New Listings May Peak Early
- New listings data may have already peaked and is now entering its seasonal decline as July progresses.
- Weekly new listings are below prior year levels, partly due to July 4th holiday effects, indicating cooling inventory growth.
Housing Market Structure Transformed
- The current housing market shows structural differences from the 2007-2011 period, with far lower inventory and monthly supply.
- Current aggregate monthly supply is about 4.6 months, compared to over 9 months during the housing crash era, indicating healthier balance.