HousingWire Daily Logan Mohtashami: Can housing inventory and sales grow together?
5 snips
Mar 24, 2025 
Logan Mohtashami, a lead analyst specializing in housing economics, joins to dissect the delicate relationship between housing inventory and sales. They delve into how rising mortgage rates are curtailing inventory while also shaping price forecasts. Discussions about migration trends reveal regional shifts affecting markets in Austin and Florida, highlighting homeowner challenges with taxes and insurance in disaster-prone areas. The conversation encourages a hopeful outlook where increased inventory and sales can harmoniously stabilize home prices.
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Inventory and Sales Growth
- It's unusual for active inventory and home sales to grow together in a post-qualified mortgage market.
- This is because a large group of homebuyers (millennials) don't sell existing homes, reducing inventory when demand increases.
Home Price Forecast
- Logan Mohtashami's price forecast remains relatively unchanged, predicting a potential slight increase if rates fall to 6%.
- This forecast considers factors like growing inventory, price cuts, and overall market cooling.
National Home Prices and Economy
- National home price declines signal economic problems, as historically, prices rarely fall.
- The 2007-2011 market, with its high active listings and distressed sales, illustrates this.