July 23, 2024

What’s Next for the Housing Market with Skylar Olsen

39 minutes

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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This podcast should be used for informational purposes only and not deemed as a recommendation. Our Automated investing is via SoFi Wealth LLC, and is a registered investment advisor. Our Active investing is via SoFi securities LLC, member FINRA/SIPC. For additional disclosures related to the SoFi Invest® platforms, please visit www. SoFi.com/Legal.

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