Markets with Megan: A Quick Financial Markets Update

049: The Housing Market's Complex Challenges


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The housing market is in flux right now. Our Chief Investment Officer, Megan Horneman, as she breaks down the unexpected tumble in home builder sentiment and how a stall in potential buyer traffic and a fall in housing starts are reshaping the market landscape. 

What are the reasons behind these shifts?  Megan focuses on the impact of high interest rates. Mortgage rates are now a remarkable 7.3% - the highest since 2000, and a sluggish recovery in existing homes is weighing on both potential and current homeowners. There are a complex blend of factors currently testing the housing market, and what this could signify for our economy in the long haul.  Don't hesitate to connect with us at podcast @ verdence dot com with any questions or feedback.

Disclaimer: material was prepared by Verdence Capital Advisors, LLC (“VCA”). VCA believes the information and data in this document were obtained from sources considered reliable and correct and cannot guarantee either their accuracy or completeness. VCA has not independently verified third-party sourced information and data. Any projections, outlooks
or assumptions should not be construed to be indicative of the actual events which will occur. These projections, market outlooks or estimates are subject to change without notice. This material is being provided for informational purposes only and is not intended to provide, and should not be relied upon for, investment, accounting, legal, or tax advice. Past performance is not a guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance
that the future performance of any specific investment, investment strategy, or product or anynon-investment related content, made reference to directly or indirectly in these materials will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. You should not assume that any
discussion or information contained in this report serves as the receipt of, or as a substitute for, personalized investment advice from VCA. Due to various factors, including changing market conditions and/or applicable laws, the co...

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Markets with Megan: A Quick Financial Markets UpdateBy Megan Horneman

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