Mike Simonsen, the data-driven mind behind Altos Research, and Lance Lambert, co-founder of the insightful Residential Club newsletter, dive into the perplexing U.S. housing market. They explore why prices remain sky-high despite plummeting demand and debate the eerie 'locking effect' of low mortgage rates stemming from existing homeowners. The duo analyzes regional discrepancies, the effects of rising interest rates, and the growing influence of individual investors, unpacking a market that seems both bizarre and unpredictable.

Lance Lambert, co-founder and editor-in-chief of ResiClub, shares invaluable insights on the shifting U.S. housing market. He discusses the resurgence of housing inventory and its implications for buyers as home prices decline in some areas. The conversation dives into why homebuilding costs are rising and the potential for new inventory shortages. Lance emphasizes how current market dynamics create prime investment opportunities for real estate enthusiasts ready to navigate changing conditions.

In this insightful discussion, real estate analyst Lance Lambert, former editor at Fortune and co-founder of ResiClub, addresses the shifting dynamics of the housing market as prices stagnate. He delves into the implications of soaring mortgage rates and the unique pressures facing homeowners. Notably, Lance examines the effects of labor market fluctuations on affordability and how demographic trends are reshaping demand. He also illuminates the challenges posed by dwindling undocumented labor in construction and its broader economic impact.

Lance Lambert, a data journalist and founder of ResiClub, dives deep into the current real estate landscape. He discusses how fluctuating housing inventory is reshaping markets, revealing where prices are skydiving and where sellers still reign supreme. The talk also explores rising construction costs and their implications for market dynamics, alongside an intriguing look at investment opportunities as demand shifts. Lance uncovers essential trends every buyer and investor should watch—could now be the perfect moment to enter the market?

Lance Lambert, real estate expert, discusses the 4 reasons for unaffordable housing in the US. Topics include supply-demand imbalance, rising home prices, stagnant income growth, escalating repair costs, and strategies to stimulate home purchases. Also, explores rising home insurance rates and solutions, challenges in housing affordability, and introduces ResiClub as a data-driven platform for the housing market.