Comments by "worn down" (@worndown8280) on "Redfin: BUY! Housing Market GREAT Again!" video.

  1. Serious question, is the 4.4 months of supply on your supply graph resale, new homes, or a combination of both? If so what is the difference between new homes vs resale? Is this data even available? Excellent content as always.
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  2. GDP came in at a healthy 2.6%, that includes the adjustment for inflation. That means the economy can endure more rate increases. I put even odds that the Feds will increase by 50pts at the next meeting. People still keep spending. I personally see fuel prices increasing due to the decrease in ethenol production we will be seeing this year. That roughly counts for 10-15 percent of content in fuel. Then there is the whole needing to refuel the whole SPR after Biden damn near emptied it. That additional demand will push oil to 110 to 120 a barrel easily. And once Freeport re opens, which has been delayed 4 times since its explosion and shut down last may, Natural gas prices will spike again. Thankfully the US has had a relatively warm winter so far. The real question is how much falling rents, home prices, and auto costs will impact the CPI. They could very well cancel each other out.
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