Has the Economy Locked in US Housing Market Price Stagnation? | Part 2 | Two

As annual home price growth reached its lowest level in more than a decade, all eyes are on the housing market as a bellwether for the larger economy. In Part 2 of this episode, host Maiclaire Bolton Smith sits down with CoreLogic Principal Economist Molly Boesel to discuss what is really happening in the housing market and what low inventories, high interest rates and lack of upcoming supply mean for real estate. Up Next: Listen to Molly Boesel talk about myths in the housing market on Core Conversations.In This Episode:0:37 - How closely are people tracking interest rates? Is it worth doing so?2:26 – Is this a brave new world full of high interest rates for first-time homebuyers?6:27 – Why is inventory in the housing market still so low?9:00 – Construction and labor costs are transforming starter homes into luxury purchases.12:08 – The Natural Disaster Digest: Learn about global natural catastrophes’ effect on real estate13:10 – What does the future hold for the property and housing market?Find full episodes with all our guests in our podcast archive here: https://clgx.co/3zqhBZt