Housing Market Stagnation Driven by High Rates and Inflation
- Reports
- 19
- Developments
- 1
- Repetition
- 95%
New informationRepeats or wire copies
What happened
Mark Fleming commented on housing market trends in Los Angeles. Nationally, the housing market has become stagnant, leaving many sellers unable to move forward with major life decisions. Real estate agents report that sellers who wish to keep their listings must now lower asking prices and offer concessions to attract buyers, a stark change from earlier this decade.
From goskagit.com
Why it matters
The shift in the housing market dynamic puts pressure on asset values and investment returns for real estate firms. Furthermore, the slowdown in buyer activity and high mortgage rates may reduce investment banking and asset valuation for financial firms.
From goskagit.com
Who's involved
- Mark FlemingCommented on housing market trends in Los Angeles
- Los AngelesLocation where housing market trends were discussed
- Liz SuderHas a residence located near Dallas
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Equity ResidentialSpeculative
Could see asset values and investment returns pressured by housing market stagnation.
- Morgan StanleySpeculative
Might see reduced investment banking and asset valuation due to the housing market slowdown.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Housing market slowdown may pressure Equity Residential's asset valuesHousing market slowdown may pressure Equity Residential's asset values and returns.Possible
- Housing market stall may force Los Angeles City Council to actThe Los Angeles City Council may face pressure to address housing affordability and supply.Possible
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The entities involved
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Liz Suder
college basketball player (2023–2025) Belmont
Nothing else this week.
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Mark Fleming
Footballer (born 1969)
Nothing else this week.
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Los Angeles
seat of Los Angeles County, and largest city in California, United States