Logan Mohtashami is a national housing and mortgage market expert who writes for HousingWire and has been featured in RealTrends. With a focus on providing insights and analysis on the housing market, Logan's articles cover topics such as housing inventory, interest rates, inflation, job growth, and market forecasts.
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Logan Mohtashami's coverage primarily focuses on the US housing market, mortgage rates, homebuilders, inventory, and Federal Reserve policies. His articles heavily rely on data and provide investment analysis.
For engagement with Logan Mohtashami, consider offering pitches that involve in-depth data analysis of the housing market trends, insights into mortgage rate forecasts, or expert commentary on federal reserve policies' impact on the real estate sector. Additionally, if you have expertise in providing investment analysis related to real estate trends or interpreting economic indicators influencing the housing market and mortgage rates in the United States—this might resonate well with his coverage preferences.
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Now imagine if rates were near 6% Last week, we witnessed a Santa Claus rally in mortgage rates alongside improved housing demand.
Despite the hype, big investors are still a tiny percentage of homebuyers and not to blame for extremely low housing inventory.
Mortgage demand and sales growth are two important metrics
Underwater mortgages continue to trend downward. Only 1.8% of homes are underwater today, compared to 23% in 2010.
A seasonal boost in purchase apps is driving the market
Housing leads the economy in and out of a recession and currently, housing starts are at levels seen during the COVID-19 recession in 2020.
Remarks by Federal Reserve Chairman Powell during the Q&A presser sent the 10-year yield and mortgage rates higher.
By: Logan Mohtashami, Sarah Wheeler
Demand has prevailed even with higher rates Some people might have been surprised by existing home sales growth for the last two months, but they
This explains why housing starts are at recession levels
We're now approaching 2019 inventory levels The most positive development in the housing market over 2024 has been the increase in active housing inventory , which is approaching the levels seen in 2019.
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