December 06, 2024

Zillow’s Chief Economist: Shocking Prediction For 2025 Housing | Knowledge Brokers Podcast Ep 096

59 minutes

Byron Lazine, Lisa Chinatti, and Tom Toole chat with Zillow's Chief Economist, Skylar Olsen, about the housing market's future. They recap 2024's steady rates and costs, explore 2025 predictions, and discuss hotspots like Miami and Charlotte. Skylar shares tips for navigating this shifting landscape and making smart, resilient moves in real estate!

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe

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Resources:

https://www.zillow.com/research/2025-housing-predictions-34620/

https://nowbam.com/2025-housing-market-predictions-steal-these-4-charts-to-guide-your-clients/

Timestamps:

00:00–01:01 Intro

01:01 Zillow’s housing market predictions for 2024–and 2025

02:57 Mortgage rate expectations (“year of the 5s” & where did things go wrong)

07:43 What surprised you the most about how things actually shook out in 2024?

18:43 “A lot of people are going to return to ‘smaller living’.”

20:51 Byron runs a script by Skylar (the 2 ways to get a sharp decrease in mortgage rates)

25:51 Skylar’s biggest takeaway for sellers

29:55 “What I hear you saying loud and clear is it’s going to be a skills-based market.”

52:48 What homeownership means to Skylar

Connect with Byron Lazine: https://www.instagram.com/byronlazine

Connect with Tom Toole: https://www.instagram.com/tomtoole3rd/

Connect with Lisa Chinatti: https://www.instagram.com/lisachinatti/

Connect with Skylar Olsen: https://www.instagram.com/skylars_home_economics/

BAM delivers real estate news, education, and entertainment with nonstop original content from an unmatchable line-up of industry personalities and top producers.

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