It’s not easy to predict the future. But when you’re buying a house, it’s nice to have an idea of what could happen. How can you interpret the real estate market data to accurately forecast what’s to come?

In this episode of the Top of Mind podcast, Mike Simonsen joins Bill McBride, housing market expert and author of the blog Calculated Risk, to discuss his 2022 real estate market predictions. Bill explains how home-buying trends changed during the pandemic, why there are fewer houses for sale, and what he thinks will be the next big shift in the market. 

About Bill McBride

Bill McBride is a housing market expert and the author of the popular economics blog Calculated Risk. Nobel laureate Paul Krugman of the New York Times called Calculate Risk his “go-to website for housing matters.” Bill may be best known for accurately predicting the housing bubble in 2005 and the bottom of housing prices in early 2012.

Bill retired as a senior executive from a small public company in the '90s before becoming a full-time blogger. He holds an MBA from the University of California, Irvine, and has a background in management, finance, and economics.

Here’s a glimpse of what you’ll learn:

• Bill McBride shares why he started the Calculated Risk blog
• How Bill predicted the 2005 housing bubble
• What risks does Bill foresee in the future real estate market?
• Why are there fewer houses for sale, and is it a problem?
• Millennial home-buying trends
• Bill’s predictions for the second half of 2022
• Real estate trends outside of the US
• Why sellers should wait for multiple offers instead of taking the first one
• What’s the next big shift in the real estate market?
• How the remote working trend is impacting the real estate market

Featuring Mike Simonsen, CEO of Altos Research

A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets.

Resources mentioned in this episode:

• Bill McBride on LinkedIn
• Calculated Risk 
• Subscribe to the Calculated Risk newsletter
• Bill McBride on Twitter
• Mike Simonsen on LinkedIn
• Altos Research

Follow us on Twitter for more data analysis and insights:

https://twitter.com/altosresearch

https://twitter.com/mikesimonsen

 See you next week!