Willy was once again joined by one of the most respected voices in the housing industry, Walker & Dunlop’s Hall of Fame housing market analyst and executive vice president and co-founder of Zelman & Associates, Ivy Zelman.
They discussed Ivy’s outlook on the housing market, tariffs and the upward price impacts on the industry, the public vs. private homebuilding markets, the lock-in effect’s impact on existing inventory, home affordability issues she’s seeing, the privatization of Fannie and Freddie, the broader implications of the fires in LA, and much more.
Watch or listen to the replay.
Key Points In The Webcast:
00:00 Introduction
03:52 Overall outlook on the housing industry
05:38 How single-family mortgage rates impact absorption
07:46 The effects of losing inflation control
12:00 Public homebuilders and legal labor
14:30 Why is there so much consolidation?
17:49 The cause of the wide single-family mortgage spread
20:12 The release on the lock-in effect
24:43 Constraints on existing and new SFR supply
27:34 Are independent homebuilders more risk-averse?
30:03 Potential solutions for price relief
32:36 How higher tariffs can affect the housing market
34:23 Should Fannie and Freddie be out of the federal government?
37:39 TikTok, tax bill, and Fannie and Freddie privatization
39:38 Where the rising supply comes from
40:52 Why Zelman is outperforming other firms
42:33 Any technological shifts in homebuilding?
45:39 Manufactured housing and land entitlement
49:13 Pricing as the real problem
52:17 How the California fires will impact housing
58:17 The potential of micro units
01:02:26 Suggestions on housing for the current administration
GET NOTIFIED about upcoming shows:
» Subscribe to our YouTube channel here: https://www.youtube.com/channel/UC5jhzGBWOTvQku2kLbucGcw
» See upcoming guests on the #WalkerWebcast here:
https://www.walkerdunlop.com/webcasts
Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.
Check out our previous videos:
» Full playlist: https://www.youtube.com/playlist?list=PL_QkMqEzOkzNmWUe9kpfRJ4213jIh6LNk
Apple Podcasts: https://podcasts.apple.com/us/podcast/driven-by-insight/id1540843402
Spotify: https://open.spotify.com/show/1z3wDGMAjtscNhKWJfXs7L
Follow us:
» LinkedIn: https://www.linkedin.com/company/walker-&-dunlop/
» Facebook: https://www.facebook.com/WalkerDunlop
» Twitter: https://twitter.com/WalkerDunlop
» Instagram: https://www.instagram.com/walkerdunlop/
POSTING POLICY:
Please bear in mind that this is a public and professional platform. We’ll do our best to ensure that our postings on this page comply with our standards, which prohibit content that:
• is abusive, defamatory, threatening, or obscene
• is fraudulent, deceptive, or misleading
• violates the copyright, trademark, patent, trade secret, right of privacy, right of publicity, or other intellectual property right of another
• contains or links to any virus, worm, Trojan horse, or other forms of malware or harmful code
• contains the personal information of others, such as names, addresses, and telephone numbers
• violates any law or regulation
• is otherwise offensive. We expect users not to post content that violates our standards. We cannot monitor postings or discussions in advance, but we reserve the right to remove any posting that does not meet our standards.
source
