Latest / Markets with Megan: A Quick Financial Markets Update
024: Housing Report 07-20-23
Ready to navigate the intriguing twists and turns of the housing market? With Megan Horneman, our Chief Investment Officer at Verdence Capital Advisors, we step into the world of housing data, where things aren't always what they seem. Megan uncovers the reasons behind the rising trend in home builder sentiment, ignited by the shortage of existing homes available for sale. She explains why homeowners clutch their low-interest rate mortgages tightly, unwilling to step into the realm of 7% mortgage rates.
The plot thickens as Megan delves into the June building permits data - a key indicator…
The skinny
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