Housing Demographics with John Burns’ Eric Finnigan

Sep 11, 2024

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In this episode of the Top of Mind podcast, Mike Simonsen sits down with Eric Finnigan, Vice President of Demographics Research at John Burns, to talk about the biggest themes and trends in American housing demographics today.

About Eric Finnigan

Eric Finnigan leads demographics research at John Burns Research and Consulting, where he helps clients plan around demographic shifts that impact real estate and the housing market. Eric has covered the housing market as a researcher since 2007, and before joining John Burns, he held research roles at Clarion Partners in New York and a boutique advisory firm in Berkeley, California. Finally, Eric is an elder millennial and, along with many of his peers, hit some adult milestones a little later than his parents, including getting married in his late 30s and recently buying his first home at 40.

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

The biggest themes in American demographics right now
What the demographic trends tell us about the next 20 years of housing demand
The most important demographic data to track, and what’s happening with it now
What’s going to happen with all the new apartment construction
The net impact of immigration on housing costs
Why dramatically limited immigration or mass deportation would be catastrophic to housing market and cause greater unaffordability
Some shocking new trends in intra-country migration
How many homes we really need to build over the next 10 years
The #1 thing that we can do to improve housing construction and alleviate our shortage
What the US will look like in 2033 and why that matters

Resources mentioned in this episode:

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.

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.

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