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.
