Millennials and Investors Are Driving the Housing Market Boom

Feb 16, 2022

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The long-awaited millennial homebuyers have finally entered the real estate market. Where are they buying homes? How are their purchases influencing the market?

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Odeta Kushi, Deputy Chief Economist at First American Financial Corporation, to talk about millennial and investor real estate trends. Odeta explains why millennials wait so long to buy homes, where the real estate hot spots are, and how the data at First American demonstrates these trends.

About Odeta Kushi

Odeta Kushi is the Deputy Chief Economist for First American Financial Corporation. First American is a leading provider of title insurance settlement services and risk solutions for real estate transactions. In this role, Odeta offers analysis commentary forecasts on trends in the real estate and mortgage markets. Much of her work revolves around demographic trends, especially when it comes to millennials. Odeta monitors and analyzes the quarterly surveys and economic data related to the housing industry. Her research is regularly cited by leading businesses and trade publications like Business Insider and Housing Wire.

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

Why Odeta Kushi became a housing economist
The gap between new household formation and new house construction
Will the underbuilding trend continue in the coming years?
What areas of the US offer the highest return for real estate investors?
The data at First American that helps them understand real estate trends
Why millennials are buying homes later in life and moving out of the city
International real estate market trends
Why today’s market is different from The Great Recession
How financial technology innovation is impacting the housing market
Is the housing market contributing to inflation?

Featuring Mike Simonsen, CEO 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.

Resources mentioned in this episode:

https://twitter.com/altosresearch

https://twitter.com/mikesimonsen

See you next week!

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