Why Home Buyer Demand Is Up Despite Mortgage Stickiness

Mortgage rates are still above 6.5 percent, yet home buyer sentiment has shifted. Lucas and Luna dig into the latest data on pending home sales and builder confidence, and explore why a subtle drop in median home prices — from 412,300 to 403,200 — might be unlocking demand. They also look at the surprising rise in building permits, up to 1.442 million annualized, and what that signals for spring inventory. Plus, a real-world example of how a builder in Phoenix is using a 5 percent mortgage rate buy-down to convert renters into buyers. This episode offers a grounded, number-driven take on the disconnect between rates and buying activity. #HousingMarket #MortgageRates #HomeBuying #RealEstate #HomeBuilder #FedPolicy #BuildingPermits #PendingHomeSales #InterestRates #HousingInventory #BuyerDemand #PhoenixRealEstate #MortgageBuyDown #AffordableHousing #CaseShiller #FexingoBusiness #Finance #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo