'Cautiously Optimistic' On Homebuilders Schwab Network podcast

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'Cautiously Optimistic' on Homebuilders

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Jordan McKenzie shares a sunnier stance on the state of the housing market, pointing to builders supply as a critical indicator to track. He says homebuilders are taking a "wait and see" mode as data still get tabulated. Jordan points to the high mortgage rates that has sidelined homebuyers. He believes Fed cuts and costs of borrowing coming down in 2026 could be a boon for the overall industry. Jordan thinks the housing supply side could be the first domino to fall and spur more acceleration for homebuilders.

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