High mortgage rates, limited inventory continue to challenge the US housing market

This podcast episode delves into the dynamics of the tight housing market, exploring the interplay between high mortgage rates, post-pandemic demand surge, and the lack of people moving. It examines the seller psychology behind the "lock-in effect" and the current low supply of homes, highlighting the role of strong demand, demographic trends, and affordability challenges. The episode also discusses the growing trend of single-family rental investors and the impact of potential Federal Reserve rate cuts on mortgage rates, acknowledging the risks posed by inflation, economic shocks, and the vacuum of demand.