In this episode, Nik is joined by housing analyst Melody Wright to discuss the current state of the housing market, focusing on Texas, Florida, and California. Melody highlights massive inventory in Florida and the difficulty in accurately tracking inventory due to limited data sources. She predicts price declines, particularly in Texas and Florida, and enlightens us on the crisis in speculative home new builds. Delinquencies and foreclosures are also discussed. The conversation also highlights the role of the Federal Reserve in the mortgage market and the potential consequences if the Fed re-enters or entirely exits it.

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Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball

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