Logan Mohtashami on trends in forbearance exits

Today’s HousingWire Daily features a crossover with the Housing News podcast. For this episode, HousingWire Editor in Chief Sarah Wheeler sits down with Housingwire’s Lead Analyst, Logan Mohtashami. 

During the interview, Mohtashami discusses several hot topics in the housing market, including recent trends in forbearance exits and future homebuyer demand in the midst of inventory shortages. He also shares his opinion on Jerome Powell’s success as chairman of the Federal Reserve. 

Here is a small preview of the interview, which has been lightly edited for length and clarity:

Sarah Wheeler: One of the hallmarks of your work is demographics. You talk about this huge wave of demand that is going to happen between 2020 and 2024. Why is that the big wave?

Logan Mohtashami: I just believe the years between 2020 to 2024 have the best housing demographics. You have the biggest younger patch of homebuyers running into the first-time homebuyer age. You also have move-up and move-down buyers, cash buyers, and investors. If you put them all together, you should be able to get 6.2 million total home sales; new and existing, every year from 2020 to 2024. This never happened from 2008 to 2019. The only thing that could change is if home prices accelerate too much, which will make that number come down. If or when rates rise, it could become too problematic for home-price growth to cool off.

HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Elissa Branch. If you have a pitch or an inquiry relating to podcasts, you can reach our team at alloyd@housingwire.com.