CalculatedRisk Newsletter

CalculatedRisk Newsletter

Two Key Housing Themes: Low Inventory and Few Distressed Sales

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
May 24, 2023
∙ Paid

Every housing cycle is different. One of the key themes in this cycle is that existing home inventory is historically extremely low as many homeowners are “locked in” to their current home with low mortgage rates.

Another key theme is that there will be few distressed sales as most homeowners have substantial equity.

Here is some data on outstanding mor…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2026 CalculatedRisk · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture