Skylar Olsen, Zillow's Chief Economist, provides expert insights into the housing market's upcoming shifts. She predicts a year of fluctuating mortgage rates, with potential challenges for buyers amidst rising home costs. The conversation highlights a move toward smaller living spaces as affordability drives preferences. Skylar shares strategies for navigating this volatile market and emphasizes the importance of understanding local trends for smarter real estate decisions. She even touches on evolving retiree migration patterns impacting housing choices!

Dr. Skylar Olsen, Chief Economist at Zillow, discusses the slow spring homebuying season and predicts price drops in 2025. They analyze the impact of high mortgage rates on buyers, under-the-radar affordable markets, and corrections in hot markets. The episode covers Zillow's updated housing market forecast showing a decline in home prices, potential investment opportunities, and regional market trends.

Dr. Skylar Olsen, Chief Economist at Zillow, discusses the forecast of declining home prices in 2025 due to a slow spring homebuying season. She highlights the impact of high mortgage rates on buyers and sellers, predicts potential market corrections, and explores opportunities for real estate investors in different markets.