Show notes
This episode of Let’s Talk Housing features Steven Thomas of Reports On Housing discussing the latest housing market trends as summer gets underway. The conversation covers inflation, mortgage rates, the first Federal Reserve meeting under Kevin Warsh, and why inventory remains constrained despite elevated delistings. It also examines rising existing home sales, homeowner lock-in behavior, and the debate over whether the median U.S. single-family home price could eventually reach $1 million. This data-driven discussion provides insight into where housing may be headed next.Got questions? Drop them in the comments or email us at [email protected] for a chance to have them featured in a future episode!Time Stamps:00:00-Introduction01:56-Summer HousingMarket Update03:53-Inflation and Economic Trends06:48-Kevin Warsh and the Federal Reserve11:43-Iran Conflict and Inflation Impact14:02-Existing Home Sales Rise17:27-Why New Listings Remain Low21:50-The $1 MillionHousing Market Debate24:44-Conclusion