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Episode 42: Rapidly Shifting Trends with Dr. Jessica Lautz
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Dr. Jessica Lautz, with the National Association of Realtors joined Keith and Jim on this week’s Sweat the Details. She’s our first second-time guest, and we had a great discussion about this moment in history, and how the real estate market is affected by the pandemic.
- NAR’s Market Recovery Survey (download it here)
- Short commutes are less of an issue
- Buyers’ needs and demands have shifted rapidly due to the pandemic
- Efficiency gains achieved by working at home
- Will this pandemic lead to a permanent generational shift of families living together?
- Urban -vs- suburban shifts
- Home needs shifting - yards, single family
- Household creation, housing inventory, birth rates, and the cost of childcare
- The need for urgent, timely data, and data analysis
- Colleges reopening?
- Student loan debt being paid down now, possibly leading to a buyer boom in the future
The data changes fast, as we were talking about colleges and schools reopening. Things may have changed since we recorded this podcast.
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