There's always a pull to the past, even though, as everyone knows, prior investment results don't guarantee future performance. To that end, RMB Capital produced a short new video in which partner and portfolio manager Ann Guntli went through some of the key issues.
As she noted, concerns about another housing crash have been growing as mortgage rates rise and demand slows (because mortgage rates are rising and pricing pressure, while starting to ease in some places, still leaves homes extremely expensive on the whole). But the fundamentals are different today.
First up, pointing to data from Realtor.com, Guntli noted that houses were on the market one day longer than the year before. Not a big increase, but it's the first time that's happened since June 2020.
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