Market slide and DFW housing supply data

In this episode of The ALX Show, host Josh Alexander is joined by Patrick Dunne to discuss the current state of the market post-Labor Day. They delve into the recent drops in the S&P and NASDAQ, as well as providing a comprehensive analysis of the DFW housing supply data. Their insights cover everything from the impacts of weak manufacturing data to the trends in residential and multifamily real estate. This episode is a must-listen for anyone interested in understanding the nuances of the DFW market and the broader economic landscape.

Key Highlights:

• Impact of weak manufacturing data on market downturn.
• Analysis of the DFW real estate market amidst rising interest rates.
• Discussion on residential market trends and inventory increases.
• Insights on multifamily leasing trends and supply-demand balance.
• Predictions on the Fed's next moves and their market implications.

Quotes:

• "We're seeing oil react to that. And I think there's this fear that we could be in or coming into a recession on the heels of the labor report."
• "As soon as people feel comfortable with, get some stability back in and people feel comfortable with rates and prices, I think the market will start to open up."
• "What used to be roommates coupling together and leasing a unit together are starting to decouple."