110: Bullish Homebuilders, Affordable Housing, and Why Home Prices WON'T Move w/John Burns
The housing market REFUSES to slow down. Last year, homebuilders had a bleak outlook for 2023 home buying, but now, not even halfway through the year, they’ve reversed their sentiment with high hopes that demand stays red hot. How is this even happening? With mortgage rates higher than they’ve been in years and barely any inventory on the market, wouldn’t buyers take the hint and let their foot off the gas? We brought back John Burns from John Burns Research and Consulting to give us some answers.
John’s team has some of the freshest housing market data available. With over 1,000 research…
The skinny
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