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Housing Market Update: Analyzing Home Builder Sentiment and More | Episode 082 | 12-18-2023

Published 2 years, 8 months ago
Description

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 housing inflation. Megan mentions the importance of continued vigilance in monitoring data trends in the future. Stay informed on economic updates by joining for future episodes, and for any questions or comments, reach out to  podcast at Verdence dot com. 

https://youtu.be/w3gim47iszM

Disclaimer:  material was prepared by Verdence Capital Advisors, LLC (“VCA”). VCA believes the information and data in this document were obtained from sources considered reliable and correct and cannot guarantee either their accuracy or completeness. VCA has not independently verified third-party sourced information and data. Any projections, outlooks 
or assumptions should not be construed to be indicative of the actual events which will occur. These projections, market outlooks or estimates are subject to change without notice. This material is being provided for informational purposes only and is not intended to provide, and should not be relied upon for, investment, accounting, legal, or tax advice. Past performance is not a guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance 
that the future performance of any specific investment, investment strategy, or product or anynon-investment related content, made reference to directly or indirectly in these materials will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. You should not assume that any 
discussion or information contained in this report serves as the receipt of, or as a substitute for, personalized investment advice from VCA. Due to various factors, including changing market conditions and/or applicable laws, the c...

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