347: The Housing Shortage Explained
About this episode
The episode features an interview with Dr. Lawrence Yun discussing the housing shortage and market trends.
We finally did it. We sat down with the man behind the numbers AND we recorded it live at the NAR podcast studio in Chicago. If you've ever been at a dinner party, a showing, or a closing table and gotten hit with "so... how's the market?", this episode is for you. We got to chat with Dr. Lawrence Yun, Chief Economist at the National Association of Realtors, and y'all, we had SO many questions. We're the data nerds who cover the NAR Home Buyers and Sellers Profile Report every single year, so getting face time with the person behind all that research? It was kind of a big deal for us. Dr. Yun has been at NAR since 2000 and stepped into the Chief Economist role in 2008 right in the middle of the foreclosure crisis. He's testified before Congress, appeared on C-SPAN, and was recognized by the Wall Street Journal for having one of the closest forecasts for 2024. Basically, if there's someone you want breaking down housing market trends for Realtors, it's him. We cover a lot of ground in this one, from the housing shortage and what's actually being done about it, to the lock-in effect, affordability challenges for first-time buyers, capital gains tax reform, and what a "sweet spot"…
More episodes of Hustle Humbly Podcast
- 351: Secret Agent Problems Killing Your Business
- 350: Mortgage and Realtor Myths and Misconceptions
- 349: How to Price a Listing
- 348: Real Estate Seller Myths and Misconceptions
- 346: Desperate Agent Do's and Don'ts
- 345.5: BONUS: We Got Invited to NAR and Here's What Happened
Explore listener stats, chart rankings, contacts and more on the Hustle Humbly Podcast podcast page.