Top of Mind Fortune’s Lance Lambert on Economic Trends & the Housing Market
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Fortune editorial director Lance Lambert to talk about his insights and perspectives on the housing market. We discuss why housing played an outsized role in pandemic inflation, and what makes the post-pandemic housing market unique; his view on whether we’re in a housing bubble now, and what to watch for; and insights into what’s happening with home builders. We also look at which dynamics are driving growth or slowdown in local markets like Cincinnati and Austin, and what to expect in the future.
About Lance Lambert
Lance Lambert is the editorial director of Fortune Education. He also writes the weekly Fortune Analytics newsletter and reports on topics ranging from the future of work to the housing market.
Here’s a glimpse of what you’ll learn:
- Why housing played an outsized role in pandemic inflation, and what makes the post-pandemic housing market unique
- How his house-flipper parents fared during the great recession and how that shapes his housing market analysis now
- The advantage that home builders have in this cycle that’s different from previous cycles, and what analysis of home builder financials teaches us about the market
- His personal remote work journey from Manhattan to Cincinnati in 2020, and why he bought new construction
- His view on whether we’re in a housing bubble now, and what to watch for
- Why housing may have helped stave off a recession, and his view on how the market would react to a recession
- His strategy for staying open-minded and clear on the changing trends in the market
- The housing market crisis that keeps him up at night
- Local market insights: why Austin is the outlier coldest market in the country this year; why he’s bearish on Florida home price growth, but bullish on the Midwest; and why it wasn’t a surprise that Cincinnati didn’t have the correction that slowed much of the country last year
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.
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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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