A Homebuyer's Dilemma Might Be A Homebuilder's Delight
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 2 September 2023
⏱️ 26 minutes
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| 0:00.0 | You don't want to let go of that mortgage. |
| 0:02.6 | I mean, you can't blame people for that. |
| 0:04.7 | It's an amazing thing that's happened. |
| 0:06.8 | And it's just perpetuated this massive supply |
| 0:09.1 | to band and balance that we've been dealing with |
| 0:11.0 | for like you mentioned over a decade |
| 0:13.4 | or since the global financial crisis. |
| 0:14.9 | So, but home builders are filling with vacuum. |
| 0:17.0 | So, while there's no activity happening |
| 0:19.0 | on these existing home sales side, |
| 0:21.0 | they are coming in and building new homes. |
| 0:23.1 | And here's a situation where it is possible to sell home. |
| 0:26.2 | I'm Dejra Willard and that's Matt Argersinger, |
| 0:32.0 | Motley Full Analyst and my fellow housing nerd. |
| 0:35.0 | There are two things we know about the current housing market. |
| 0:37.8 | Mortgage rates are high and inventory is low. |
| 0:40.6 | That's bad news if you're looking to buy, |
| 0:42.8 | but there are opportunities if you are an investor. |
| 0:45.5 | Matt and I talked about whether or not |
| 0:47.2 | we're going to become a nation of renters, |
| 0:49.1 | how home builders are making hay while the sun shines, |
| 0:51.6 | and where to invest in the future of housing. |
... |
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