Ved: We can start starting with local prices and sales. He will say that they will grow by 2025 about 5%. Do you still feel that that is a real vaccine?
Simonsen: Our weather is always involved 5% of the year. A year, you will receive months when selling is better than others. If the mortgage values are also not reducing in March, we will have to return to the prediction of the weather, and the home sales volume will not work. It is not yet, but we start. We took a step back to start a year.
Ved: What was your domestic predictions?
Simonsen: We will find approximately 3.5% of national prices in 2025. When you look at the long-term history, 50 years or older, it is actually the best thing to have 5% profit in a year given year. We are overly different from that long-term practice because we have a available challenge.
Ved: Talk to you a little about what you see with new management.
Simonsen: It is not just mentioned to give a tax motivation. We should build other cities for home costs. One of the challenges that have a nap is to have a national level problem, but the control takes place at the local level. When we start getting national recognition several times and other regulatory changes, perhaps a particular progress can be done.
Ved: Yes, I feel that there are many related things. And if you separate yourself, like taxes and migrations, then it is not a full picture of things. He is strong. Therefore, it is difficult to tell what will happen.
Ved: As the bright bright market, see where do markets continue to do well in the country?
Simonsen: Therefore, we have 25% of homes on the market now than what we have done in January last year. Most of them are in the writing on the south. The inventory is strong in the rust and northeast belt. Thus, places such as Chicago or Upstate New York. Connecticut has a few 70% of homes in the market now than they did in 2019.
To close the conversation, Simonsin explains many thoughts in the market.
Simonsen: In our climate text, we discussed the mortgage rates and expected the prices to stay in 6s. But they can find more than 7 – they did. There is no state when prices are close to 5. Five and a half seems to be quite far away.
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