HousingWire Daily

Logan Mohtashami on the state of the DC housing market

17 snips
Feb 19, 2025
Logan Mohtashami, a lead analyst renowned for his data-driven insights, joins to discuss the shifting landscape of the Washington, D.C. housing market, especially in light of recent federal layoffs. He addresses concerns about a potential crash, emphasizing the need for accurate data. The conversation also spans property tax proposals in Florida and the implications for other states. Furthermore, they tackle builder confidence, rising mortgage rates, and the economic dynamics at play, providing a clearer picture of the current housing environment.
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ANECDOTE

DC Housing Market Exaggeration

  • Logan Mohtashami discusses a weekend Twitter incident involving exaggerated DC housing market inventory claims.
  • He criticizes the use of digitally altered Zillow snapshots and emphasizes the importance of reliable data sources.
ADVICE

Tracking a Market Crash

  • To accurately assess a potential market crash, track new listings, active inventory, and price cuts.
  • Look for unusual increases in these metrics compared to historical data, rather than relying on snapshots.
INSIGHT

Normal Price Cuts

  • Roughly one-third of houses typically experience price cuts before selling.
  • This is often due to sellers initially overpricing their properties.
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