113: ‘08 Crash Predictor Ivy Zelman on The Biggest Danger Facing Real Estate Today
On The Market
Shownotes Transcript
**The housing market) is stuck. **Stubborn homeowners with low rates refuse to move, even as demand starts to pick back up. Homebuilders) are driving ahead with more new construction homes, but is it too late to deliver the supply we so desperately needed only a year or two ago? Where is the housing market moving next, and how long will we be stuck in this standoff? Ivy Zelman) from Zelman & Associates successfully predicted the last housing crash, so what does she have to say about today’s market?
Ivy is a thought leader in the real estate research space. Her credibility has been showcased repeatedly as her team** accurately forecasts numerous housing market moves**. Constantly on the phone with institutional buyers and builders, Ivy tends to know what’s happening before even the top forecasters. In this episode, Ivy gives her opinion on today’s housing market, why buyers and sellers are “stuck,” and whether or not** the “underbuilding” problem** is even an issue as demographic trends start getting dangerous.
She also shares which real estate markets) are in the most danger, the concerning catastrophe facing many southern states, and the markets she’s most bullish on that could withstand the test of time. But, more importantly, Ivy shares her thoughts on **whether or not real estate is **still **worth investing in **and why it may be time for landlords to diversify into other assets that don’t come with such a considerable risk.
In This Episode We Cover
The** single greatest danger affecting the housing market **in 2023
The** new vs. existing home challenge** and why homeowners are stuck in place
Affordable housing and why the “underbuilding problem” isn’t what you think it is
“Tremendous” competition for rentals and which investors should be concerned
Underrated housing markets that are seeing strong demand and demographic tailwinds
2008 vs. 2023 and whether another housing crash) is even feasible in today’s market
And So Much More!
Links from the Show
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Jamil's BiggerPockets Profile)
Hear Our Last Interview with Ivy)
Connect with Ivy:
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-113
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