Industry Relations 2025 in the Rearview: Who Got It Right?
Dec 24, 2025
Rob and Greg take a reflective look at 2024, grading their predictions on transaction volumes, mortgage rates, and median home prices. They debate the growing autonomy of MLSs and the declining influence of NAR, alongside unexpected trends like Realtor.com’s acquisition of Zenlist. Zillow's increasing power and its implications for the market are central topics, along with discussions on rising realtor commissions and the controversial 50-year mortgage proposal. The year is framed as a pivotal moment, setting the stage for future industry shifts.
AI Snips
Chapters
Transcript
Episode notes
Transaction Forecasting Surprise
- Greg accurately predicted 2025 existing-home transactions, underscoring conservative forecasting value.
- Rob underestimated transaction resilience despite inflation concerns and economic uncertainty.
Mortgage Rate Forecast Accuracy Matters
- Both hosts overestimated mortgage rates but Greg was closer to the actual December rate.
- Small differences in rate forecasts still mattered for investment and market narratives.
Median Price Predictions Validated
- Greg predicted higher median home prices and was closer to the actual figure.
- Rob conceded Greg outperformed him across key economic metrics in 2025.