No Sign of Buyers' Strike in Housing: Altos Research CEO

The video discusses the current state of the U.S. housing market, highlighting supply constraints due to shortages in materials like garage doors and windows, and labor shortages in the construction industry. Despite these challenges, demand remains high, with a significant percentage of homes going into contract immediately. Rising mortgage rates, as seen in 2018, may lead to slight inventory increases but not necessarily price drops. Regional trends show demographic shifts to more affordable areas, but inventory shortages and demand are widespread across the country.

What is one of the main reasons for the difficulty in purchasing new homes according to the video?

• Decreased demand for new homes

• Lack of essential construction materials

• Increased property taxes

• High interest rates

What is a significant indicator of demand in the housing market?

• The percentage of homes going into contract immediately

• The number of homes listed for sale

• The number of new homes being built

• The average price of homes

How did the housing market respond the last time interest rates rose in 2018?

• Home prices fell significantly

• Inventory levels remained unchanged

• Inventory levels increased slightly

• Demand for homes decreased drastically

Which regions are experiencing demographic shifts according to the video?

• From the Sunbelt states to California

• From expensive areas like California to cheaper markets

• From rural areas to urban centers

• From the East Coast to the West Coast

What is a common characteristic of the housing market across different regions?

• Decreasing home prices

• High inventory levels

• Low demand for homes

• Widespread inventory shortages