HousingWire Daily

Logan Mohtashami, a leading analyst in housing and labor markets, joins to discuss insights from the September jobs report and the current state of existing home sales. He highlights how the job market surprised with better-than-expected figures despite rising unemployment rates. Logan also examines the implications of alternative labor market indicators and the potential for recession. Additionally, he shares reasons behind the uptick in home sales, emphasizing mortgage rates and positive trends in purchase applications.

In this discussion, Logan Mohtashami, a lead analyst in housing and mortgage markets, shares insights into Trump's potential picks for the Fed chair. He explains how these choices could impact mortgage rates and critiques the idea of sending out $2,000 checks. Delving into the relationship between labor data and mortgage rates, Logan emphasizes that the labor market holds more sway than Fed decisions. Additionally, he discusses the constraints of the Fed's committee structure and why sweeping rate cuts might be limited.

Erin Dee, COO of Interlink Mortgage and president of the Texas Mortgage Bankers Association, discusses the evolving Texas housing market. She highlights the challenges of affordability driven by rising rates, wages, and insurance costs. Erin contrasts market trends across major cities like Austin, Dallas, and Houston, emphasizing unique growth in population and jobs. She advocates for resilient construction and innovative zoning to enhance affordability while addressing weather-related insurance concerns. Erin also shares insights on legislative advocacy and forecasts a market correction ahead.

Logan Mohtashami, a lead housing analyst, discusses intriguing trends in housing demand amidst economic uncertainty. He highlights a notable rise in weekly housing demand, driven by stable mortgage rates around the low sixes. Logan predicts that this demand will significantly impact early 2026 sales while critiquing simplistic housing forecasts. He emphasizes the importance of inventory trends and how sustained lower rates influence buyer and seller behavior, setting the stage for a vibrant housing market.

Logan Mohtashami, a lead analyst specializing in housing and mortgage market data, joins to discuss the Federal Reserve's recent hawkish stance. He explains why Fed officials are resisting December rate cuts and how their rhetoric is influencing market expectations. Logan also touches on Powell's evolving views on the labor market and the Fed's focus on inflation targets. He emphasizes the importance of labor-market signals before cuts occur and provides insights on the housing market's sensitivity to rate changes, including the impracticality of a 50-year mortgage.

Logan Mohtashami, Lead Analyst specializing in housing and labor-market analysis, dives into the potential absence of October's jobs data, highlighting political and logistical factors at play. He discusses how alternative metrics like IRS tax receipts can gauge the economy in the absence of official reports. Logan also addresses the challenges of small business hiring amidst low wage growth and critiques the NAR's first-time buyer survey for its methodology. He concludes with insights on how immigration and demographics shape the future of the labor market.

Logan Mohtashami, a lead analyst specializing in the mortgage and housing market, joins to discuss the surge in purchase applications and the concept of portable mortgages. He breaks down how these mortgages work and their potential impacts on lenders. The conversation also touches on the recent resignation of Raphael Bostic at the Federal Reserve and its implications for housing policy. Logan predicts a possible rate cut in December, linking it to current labor market trends and mortgage rates.

Alex Akel, President of Akel Homes, shares insights from over 40 years in South Florida's homebuilding industry. He discusses the rising importance of resort-style amenities, especially for 55-plus buyers prioritizing lifestyle. The conversation also tackles challenges such as hurricane insurance, land scarcity, and potential tax changes. Akel explains how tariffs affect material costs and emphasizes the need for land-use reform to combat NIMBYism, all while hinting at exciting plans for the new Catalina Palms community in Port St. Lucie.

Logan Mohtashami, a lead housing analyst known for his chart-driven insights, talks about the controversial 50-year mortgage proposal. He argues it could worsen equity buildup while providing only small monthly savings for consumers. The conversation also dives into current housing demand and the ongoing uncertainty surrounding government data. Logan stresses that affordability issues should be tackled through supply-demand balance rather than extended loan terms, as he dissects recent inventory trends and market dynamics.

Logan Mohtashami, a lead analyst specializing in housing and mortgage markets, shares his insights on the current U.S. economy. He discusses how alternate labor data reveals critical trends for the Fed and examines the mixed signals from GDP trackers. Logan identifies weakening job sectors, particularly manufacturing and construction, while highlighting resilience in services and healthcare. He explains the effects of inflation and Fed policy on mortgage rates, suggesting that rates near 6% could boost housing activity.