Latest / Mortgage Research Network Podcast
Housing Emergency, or Just Headlines? What a Declaration Might Change
Treasury Secretary Scott Bessent hinted the Administration may declare a national housing emergency—but what could that realistically do for buyers and sellers? In this episode, Tim Lucas and Craig Berry unpack the affordability math, the supply paradox, and the tools an emergency might (and might not) unlock. You’ll learn:
Affordability Reset: Why a $3,000/month budget bought ~$740K at 2.65% in early 2021 but only ~$480K at ~6.5% today
Shortage vs. Surplus: A 4.7M-unit national shortfall alongside 9.2 months’ supply of unsold new homes—and how both can be true
Cost Creep: Insurance premiums…
The skinny
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