Logan Mohtashami Reveals The Biggest Thing Holding Housing Back

On today’s Hot Sheet, Byron Lazine breaks down a CNBC interview with HousingWire’s Logan Mohtashami on improving housing conditions, including normalized mortgage spreads, recovering inventory, and wage growth outpacing home-price growth.

He also covers Mohtashami’s Housing Market Tracker on mortgage rates, inventory, and demand, plus the Federal Reserve’s July FOMC meeting minutes showing officials could favor additional tightening if inflation fails to cool, after a 9-3 vote to hold rates at 3.5%-3.75%.