In this episode of the Top of Mind podcast, Mike Simonsen sits down with Bill McBride from Calculated Risk to talk about what to expect in the housing market in 2025 and beyond.

About Bill McBride

Bill McBride is a housing market expert and the author of the popular economics blog and newsletter “Calculated Risk”, which Nobel laureate economists have cited as a “go-to website for housing matters.” Bill may be best known for accurately predicting the housing bubble in 2005, and the bottom in housing prices in early 2012.

Here’s a glimpse of what you’ll learn: 

• Why the US housing market faces “seven years of purgatory”
• Why inventory is more important than sales numbers for understanding the housing market
• The market stat that Bill is watching this year and what it tells us to expect
• Why mortgage rates will be stuck above 6% for a while
• What’s on the horizon for recessions, inflation, and employment in 2025 and what it all means for the real estate market
• How to measure home prices and what to expect for 2025
• Why investors are less impactful in 2025 than they were a few years ago
• How to spot a brewing financial crisis
• The longer-term impact of changing demographics
• How to view the affordability crisis and what’s likely to happen
• A look at the 2030 housing market

Resources mentioned in this episode:

• text
• Mike Simonsen on LinkedIn
• Altos Research

Featuring Mike Simonsen, President of Altos Research

A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets.

Follow us on Twitter for more data analysis and insights:

• Altos on Twitter
• Mike on Twitter

About Altos Research

The Top of Mind Podcast is produced by Altos Research.

Each week, Altos tracks every home for sale in the country - all the pricing, and all the changes in pricing - and synthesizes those analytics to make them available before becoming visible through traditional channels.

Schedule a demo to see Altos in action. You can also get a copy of our free eBook: How To Use Market Data to Build Your Real Estate Business.

The Top of Mind podcast features top real estate industry insiders and experts to unpack the most important housing, real estate, mortgage data and trends that are shaping the housing market. Hosted by Altos founder Mike Simonsen and produced by the HousingWire Content Studio.