The Top and Bottom of This Inning
Zillow and Metrostudy show their best together at the Housing Leadership Summit.
As economic outlooks go, there are different stories that can be played out. So often, the economic outlooks and forecasts for housing lean on baseball vernacular, speaking of innings and series.
Mark Boud, chief economist at Metrostudy, doesn’t disregard the love for the “game,” but brings a unique perspective on the forecast that concentrates on data being collected nationwide by “feet on the street,” then synthesized into local, regional and national trends.
Boud is being paired with Svenja Gudell, chief economist at Zillow, during a session at the Housing Leadership Summit, scheduled May 14 to 16 in Dana Point, CA. And, Gudell’s input, based on existing home valuations, provides a slightly different look at the numbers to give the audience the full spectrum, or, a full play-by-play of every inning in the series.
The two economists will share the stage together to dive into pricing strategies in the coming months, the impact of smart home technologies on existing and new home values, tax reform impacts, and rising mortgage rates, along with other pressing topics.
But, beyond the outlook, we wanted to know what these economists were highly anticipating. Boud lists off offsite home construction or factory built homes, new technologies that can be increasingly accommodated by new home designs, automobile automation changes affecting new home and master planned designs, and, finally, new net positive homes and a world without power lines.
On the flip side, Boud is cautious of the impact of income inequalities and a shrinking middle class, growing national debt; the “suicide squeeze” of inflation, rising mortgage rates, and rising construction costs; and reduced affordability.
Registration for the event is still open at www.housingleadershipsummit.com. Hope to see you there!