The housing market is caught between the lowest mortgage rates since October of 2024 and low inventory. With the impact of Wednesday’s Federal Open Market Committee (FOMC) meeting looming, industry professionals are laser-focused on the impact of Federal Reserve rate cuts on the housing market, inventory and buyer and seller behavior.
In this episode of Ten Minute Talks HousingWire’s Allison LaForgia sits down with Odeta Kushi, Vice President and Deputy Chief Economist at First American, to unpack the housing market’s most pressing questions. From August’s inventory decline to the stubborn “dual lock-in effect” keeping homeowners on the sidelines, Kushi explains the forces behind economic trends.
Odeta also breaks down a bright spot in the market: affordability factors are easing, she also addresses where pressure still lingers and how modest improvements in sales could set the stage for the rest of 2025. Whether you’re a lender, agent, or market watcher, Kushi’s insights offer a clear view of different aspects of the market and opportunities for the months ahead.
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