Latest / Markets with Megan: A Quick Financial Markets Update
Housing Market Update: Analyzing Home Builder Sentiment and More | Episode 082 | 12-18-2023
In today's episode, Chief Investment Officer Megan Horneman takes a look into the latest housing market insights. Discussing the November NEHB Housing report, Megan notes a surprisingly positive sentiment despite historical weaknesses, attributed to a near-term peak in interest rates and subsequent declines in mortgage rates. An important trend to focus on includes a significant 60% of surveyed developers extending incentives to spur demand, addressing concerns about housing inflation. Additionally, 36% of builders reported cutting prices for the month, suggesting a potential bottom in…
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