Feb 16, 2022
Today Jason welcomes Tina Tamboer, senior housing analyst with The Cromford Report to discuss housing trends, household formation and relocation, and real estate market predictions for 2022. Are we in for a housing price crash or boom? The consensus right now, according to most analysts, is to expect prices to continue rising, but not at the rate we saw over the last year, however some industry professionals are predicting a decline. What are their reasons? Tina shares her methodology for evaluating current and future real estate prices and they discuss market predictions from Goldman Sachs, Core Logic, American Enterprise Institute, Zelman & Associates, and The Mortgage Bankers Association.
Watch the video in YouTube HERE.
Key Takeaways:
1:06 Tina Tamboer is a senior housing analyst with The Cromford Report
2:24 Predictions for 2022 – can we expect a housing price crash or boom?
4:00 Household formation and relocation trends affect supply and demand
6:15 Airbnb short term rental market crash
11:32 Bad predictions that missed the mark last year
12:59 Why interest rates are one of the most difficult things to predict and is Zillow too big to fail?
15:09 Mortgage forbearance and foreclosure crisis
20:20 Do house flippers and iBuyers represent real demand or only interim demand?
24:39 Lending practices and interest rates
Find out more at CromfordReport.com
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