Should you buy or rent? When will home prices go down? Where is housing most affordable? To get insight on these questions, SoFi’s Head of Investment Strategy and Host Liz Thomas welcomes back Dr. Skylar Olsen, the Chief Economist at Zillow. Dr. Olsen discusses how supply shortages, high mortgage rates, and changing demographics are affecting not just home prices, but rental markets, and how the housing market is evolving in the post-pandemic years. The two talk regional variations, the impact of short-term rentals, and where things go from here.
For more, read Liz’s column every Thursday at On The Money by SoFi, sign up for the SoFi Daily Newsletter, and follow Liz on Twitter @LizThomasStrat.
Notable mentions in the episode:
(00:00) Introduction to The Important Part
(00:31) Diving into the Housing Market
(01:34) Interview with Dr. Skylar Olsen
(02:22) Current Housing Market Trends
(05:45) Impact of Mortgage Rates
(19:22) Regional Housing Market Insights
(24:26) The Role of Short-Term Rentals
(28:10) Zillow's Market Heat Index and Zestimate
(33:00) Lightning Round
(35:42) Key Takeaways and Conclusion
Recommended reading:
Local Housing Market Trends By Location
First-Time Homebuyer Guide
Your 2024 Guide to All Things Home
Additional resources:
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