It's the time of year when all economists worth a grain of salt (feel free to exclude me from that category) give their "forecast." Well, economic forecasters are about as correct as the local weatherman, unless you happen to be the weatherman in Southern California!

“Hint – rates matter, but not how you think!”

So, instead of forecasting specific numbers, I decided to talk about themes - what's going to drive housing, particularly housing supply and demand, in 2016. From those themes, the numbers will become apparent over time. I provided this outlook in the first Lykken on Lending show of the year, starting at about the 30-minute mark. Hint - rates matter, but not how you think! You can listen to the podcast here. I hope it’s one of the best 30-minute investments of the New Year for you!