Housing On the Knife's Edge
Keith Jurow, columnist at MarketWatch, returns to Real Vision to provide a strategic update on the precarious state of the U.S. housing market. Jurow shares with Real Vision’s Jack Farley his analysis on how the black-swan of COVID-19 is squeezing the U.S. housing market from all sides and threatens to burst the housing and mortgage bubble. Incorporating data such as existing home sales, record low mortgage rates, as well as delinquency rates not seen since the 2008 financial crisis, Jurow interprets the rising risks in the housing market and explores the likelihood of an extreme correction. For the August TCW report, click here: https://rvtv.io/34jKLt8. For Redfin data on housing sales and prices, click here: https://www.redfin.com/blog/housing-market-news-august-2020/. For Keith Jurow’s additional charts, click here: https://rvtv.io/3jdEo0x.